03.08.2023 Brockhaus Technologies AG  DE000A2GSU42

EQS-Adhoc: Brockhaus Technologies AG: Significant increase in revenue to €84.1 million (+29%) and adjusted EBITDA to €28.8 million (34.3% margin) in H1 2023


 

EQS-Ad-hoc: Brockhaus Technologies AG / Key word(s): Half Year Results/Preliminary Results
Brockhaus Technologies AG: Significant increase in revenue to €84.1 million (+29%) and adjusted EBITDA to €28.8 million (34.3% margin) in H1 2023

03-Aug-2023 / 21:03 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Brockhaus Technologies AG: Significant increase in revenue to €84.1 million (+29%) and adjusted EBITDA to €28.8 million (34.3% margin) in H1 2023

Frankfurt am Main, August 3, 2023.

According to preliminary figures, Brockhaus Technologies AG (BKHT, ISIN: DE000A2GSU42, "Brockhaus Technologies") generated revenue of €84.1 million in the first half of the financial year, which corresponds to growth of +29% compared to the same period of the previous year (H1 2022: €65.1 million). Adjusted EBITDA increased by +24% to €28.8 million and corresponds to an adjusted EBITDA margin of 34.3% (H1 2022: €23.2 million; 35.6% margin). Adjusted EBIT increased by +22% to €26.8 million (H1 2022: €21.9 million; 33.6% margin).

The subsidiary Bikeleasing (Financial Technologies segment) acquired the business operations of two of its prior external sales agencies in the second quarter of 2023. As a result of these acquisitions, commission payments that were previously paid to these sales agencies for their sales performance will cease. This increases both the gross profit as well as earnings. From a pro forma perspective, i.e. as if the sales agencies acquired in Q2 2023 would have already belonged to Brockhaus Technologies since January 1, 2023, this leads to a positive earnings effect and an adjusted pro forma EBITDA of €29.6 million (35.2% margin) or an adjusted pro forma EBIT of €27.5 million (32.7% margin) in the group.

Before adjustments, EBITDA amounted to €27.9 million (H1 2022: €22.8 million) and EBIT to €18.5 million (H1 2022: €14.4 million). EBIT is particularly influenced by PPA amortization.

We confirm the forecast for the financial year 2023 with revenue between €165 million and €175 million and an adjusted EBITDA margin of 35%.

Regarding the definition of alternative performance indicators, see page 85 onwards of our Annual Report 2022. In 2022, the adjustments still included the decreased earnings due to value step-up. In order to avoid deviations between the key performance indicators and IFRS as far as possible, this adjustment is no longer included. This means that revenue is no longer adjusted and the previous year's figures have been adapted accordingly. In addition, the earnings contribution of Palas (former Environmental Technologies segment), which was sold in November 2022, was subtracted from the previous year's figures.

The financial figures stated in this disclosure are preliminary and unaudited. The half-year financial report H1 2023 will be published on Monday, August 14, 2023. The earnings call H1 2023 is also scheduled for Monday at 16:00 CET.
 

Contact:

Brockhaus Technologies – Paul Göhring

Phone: +49 69 20 43 40 90

Fax: +49 69 20 43 40 971

E-Mail: [email protected]

 



End of Inside Information

03-Aug-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Brockhaus Technologies AG
Thurn-und-Taxis-Platz 6
60313 Frankfurt am Main
Germany
Phone: +49 (0)69 2043 409 0
Fax: +49 (0)69 2043 409 71
E-mail: [email protected]
Internet: https://www.brockhaus-technologies.com/
ISIN: DE000A2GSU42
WKN: A2GSU4
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1695861

 
End of Announcement EQS News Service

1695861  03-Aug-2023 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 0,00 1,10 16,56 51,58 60,32 142,71 186,00
EBITDA1,2 0,00 -1,31 15,99 8,33 0,42 46,73 58,00
EBITDA-Marge3 0,00 -119,09 96,56 16,15 0,70 32,74
EBIT1,4 0,00 -1,53 5,90 -1,04 -9,26 29,30 37,00
EBIT-Marge5 0,00 -139,09 35,63 -2,02 -15,35 20,53 19,89
Jahresüberschuss1 0,00 -1,64 1,31 -6,76 -18,76 58,46 23,00
Netto-Marge6 0,00 -149,09 7,91 -13,11 -31,10 40,96 12,37
Cashflow1,7 0,00 -1,02 1,43 5,69 -6,21 34,91 0,00
Ergebnis je Aktie8 0,00 -0,16 -0,37 -0,81 -1,52 4,48 0,74
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: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
Brockhaus Technologies
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2GSU4 21,700 Halten 237,56
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
13,31 15,85 0,84 35,00
KBV KCV KUV EV/EBITDA
0,86 6,80 1,28 7,67
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 20.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.05.2024 14.08.2024 14.11.2024 28.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-7,28% -2,40% -16,22% -8,05%
    
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Beteiligungen , A2GSU4 , BKHT , XETR:BKHT