22.12.2023 The Platform Group AG  DE000A2QEFA1

EQS-News: The Platform Group AG fully acquires car platform Vivelacar


 

EQS-News: The Platform Group AG / Key word(s): Investment
The Platform Group AG fully acquires car platform Vivelacar

22.12.2023 / 17:46 CET/CEST
The issuer is solely responsible for the content of this announcement.


The Platform Group AG fully acquires car platform Vivelacar

Düsseldorf, December 22, 2023, The Platform Group AG (ISIN DE000A200QEFA1, "TPG"), a leading software company for platform solutions, announces the complete acquisition of Vivelacar GmbH ("Vivelacar"), a leading vehicle subscription platform.

At the beginning of 2023, The Platform Group AG became the majority shareholder in Vivelacar and has successfully expanded the platform strategy with The Platform Group AG's software solutions since joining the company. The acquisition of the Cluno Group, Munich, was also completed during the course of the year. The aim was to further expand the strong market position in Germany, Austria and Switzerland. In the meantime, further vehicle stocks and brands have been taken live, the most important makes being Mercedes, Volkswagen, Hyundai, Open and Nissan. The company is based in Stuttgart, with further branches in Vienna, Zurich and Zagreb.

As of December 2023, the acquisition of shares was agreed with three selling parties, in future 100% of the shares will be owned by The Platform Group AG, the closing of the transaction is planned for March 2024, the remuneration for the acquisition of shares to the sellers will be paid both in cash and in the form of share compensation as part of the authorized capital of The Platform Group AG.

"Vivelacar has developed well as a platform, costs have fallen and we can expand our market position well. The market for car subscription solutions is growing rapidly and there are only a few providers in the market. Customers appreciate the high flexibility of a monthly notice period and the service that vehicles are registered and insured directly. The B2B customer share in particular is increasing significantly," says Dr. Dominik Benner, CEO of The Platform Group AG.

In the coming year, The Platform Group AG plans to acquire a further 3-8 companies in both the B2B and B2C sectors.

 

The Platform Group AG:

The Platform Group AG is a software company that is active in 18 sectors with its own platform solutions. Its customers include both B2B and B2C customers in sectors such as furniture retail, machinery retail, dental technology, car platforms and luxury fashion. The group has 14 locations across Europe with 680 employees. Over 20 investments and company acquisitions have been made since 2020. In 2023, sales of EUR 440 million and an adjusted EBITDA of EUR 20 million are expected.

 

Contact:
Investor Relations

Reinhard Hetkamp, CFO and Head of IR
[email protected]
Schloss Elbroich | Am Falder 4 | 40589 Düsseldorf | Germany
corporate.the-platform-group.com

 

 



22.12.2023 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.

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Language: English
Company: The Platform Group AG
Schloss Elbroich, Am Falder 4
40589 Düsseldorf
Germany
E-mail: [email protected]
Internet: https://the-platform-group.com/
ISIN: DE000A2QEFA1
WKN: A2QEFA
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1803497

 
End of News EQS News Service

1803497  22.12.2023 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023
Umsatzerlöse1 58,75 65,24 73,16 94,81 133,76 168,43 432,20
EBITDA1,2 3,51 5,00 6,77 5,88 1,59 14,11 46,75
EBITDA-Marge3 5,97 7,66 9,25 6,20 1,19 8,38
EBIT1,4 1,50 2,60 4,27 3,45 -0,51 9,12 38,91
EBIT-Marge5 2,55 3,99 5,84 3,64 -0,38 5,42 9,00
Jahresüberschuss1 -0,31 0,30 1,40 0,87 -1,70 7,98 26,99
Netto-Marge6 -0,53 0,46 1,91 0,92 -1,27 4,74 6,25
Cashflow1,7 5,80 26,90 1,84 5,24 -13,81 2,22 104,09
Ergebnis je Aktie8 -0,05 0,05 0,23 0,14 -0,27 0,34 1,30
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - 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: Russler & Arnold

INVESTOR-INFORMATIONEN
©boersengefluester.de
The Platform Group
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2QEFA 7,820 Kaufen 155,42
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
8,41 8,14 1,02 28,13
KBV KCV KUV EV/EBITDA
1,79 1,49 0,36 4,66
Dividende '22 in € Dividende '23 in € Div.-Rendite '23
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
-7,17% 2,00% 26,95% 19,57%
    
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E-Commerce , A2QEFA , TPG , XETR:TPG