05.04.2023 fashionette AG  DE000A2QEFA1

EQS-News: fashionette AG continues efficiency and cost reduction program - Discontinuation of Smartwatch segment


 

EQS-News: fashionette AG / Key word(s): Strategic Company Decision
fashionette AG continues efficiency and cost reduction program - Discontinuation of Smartwatch segment

05.04.2023 / 09:50 CET/CEST
The issuer is solely responsible for the content of this announcement.


fashionette AG continues efficiency and cost reduction program - Discontinuation of Smartwatch segment

Duesseldorf, Germany, April 05, 2023.
fashionette AG (ISIN DE000A2QEFA1) ("Company") continues to focus its product range as part of its initiated efficiency and cost reduction program. Following the already concluded discontinuation of the Beauty segment, the Smartwatch segment will be discontinued as of May 2023. Smartwatches generated sales in the single-digit million Euro range for fashionette and the subsidiary Brandfield Group (Netherlands), with a negative earnings contribution until now.

Consequently, the Smartwatch segment will be reported under discontinued operations in fiscal 2023 until its final discontinuation. The reclassification will be taken into account in the upcoming forecast for the 2023 financial year.

About fashionette AG:

fashionette AG is a leading European, data-driven e-commerce group for premium and luxury fashion accessories. On the online platforms fashionette.com and brandfield.com, the fashionette group offers not only inspiration, but also a selected range of premium and luxury fashion accessories, such as handbags, shoes, small leather goods, sunglasses, watches and jewelry from more than 300 brands, including private labels. Based on more than ten years of experience in the fashion accessories sector, fashionette AG has developed an innovative proprietary IT and data platform which, with the help of state-of-the-art technologies and artificial intelligence, enables customers throughout Europe to make personalized online purchases of premium and luxury fashion accessories. For more information about fashionette AG, please visit corporate.fashionette.com or the online platforms www.fashionette.com and www.brandfield.com.

Contact:

Investor Relations
Jochen Reichert
[email protected]
Lierenfelder Straße 45 | 40231 Duesseldorf | Germany
corporate.fashionette.com

Public Relations
Stefanie Küppenbender
[email protected]
Lierenfelder Straße 45 | 40231 Duesseldorf | Germany
corporate.fashionette.com



05.04.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: fashionette AG
Lierenfelder Straße 45
40231 Düsseldorf
Germany
E-mail: [email protected]
Internet: corporate.fashionette.com
ISIN: DE000A2QEFA1
WKN: A2QEFA
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1601417

 
End of News EQS News Service

1601417  05.04.2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1601417&application_name=news&site_id=boersengefluester_html


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 58,75 65,24 73,16 94,81 133,76 164,75 440,77
EBITDA1,2 3,51 5,00 6,77 5,88 1,59 -2,00 47,43
EBITDA-Marge3 5,97 7,66 9,25 6,20 1,19 -1,21
EBIT1,4 1,50 2,60 4,27 3,45 -0,51 -6,38 -1,40
EBIT-Marge5 2,55 3,99 5,84 3,64 -0,38 -3,87 -0,32
Jahresüberschuss1 -0,31 0,30 1,40 0,87 -1,70 -6,08 26,93
Netto-Marge6 -0,53 0,46 1,91 0,92 -1,27 -3,69 6,11
Cashflow1,7 5,80 26,90 1,84 5,24 -13,81 2,22 0,00
Ergebnis je Aktie8 -0,05 0,05 0,23 0,14 -0,27 1,12 1,50
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
The Platform Group
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2QEFA 7,720 Kaufen 133,35
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
9,65 5,54 1,73 -59,39
KBV KCV KUV EV/EBITDA
2,93 60,18 0,30 3,02
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 27.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
29.05.2024 23.08.2024 15.11.2024 17.05.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
14,81% 22,13% 25,32% 68,19%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu fashionette AG  ISIN: DE000A2QEFA1 können Sie bei EQS abrufen


E-Commerce , A2QEFA , TPG , XETR:TPG