Brockhaus Technologies AG / Key word(s): Quarterly / Interim Statement/Preliminary Results
13-May-2022 / 16:08 CET/CEST
Brockhaus Technologies AG: Preliminary revenue of € 28.8 million with adjusted EBITDA of € 7.6 million (adjusted EBITDA margin of 26.3%) in Q1 2022; Forecast for fiscal year 2022 confirmed
Frankfurt am Main, May 13, 2022.
Brockhaus Technologies AG (BKHT, ISIN: DE000A2GSU42, „Brockhaus Technologies“) generated preliminary revenue of € 28.8 million in the first quarter of 2022, which corresponds to +166% growth as compared to the previous year’s period Q1 2021. Adjusted EBITDA grew by +844% compared to the previous year’s period to € 7.6 million, resulting in an adjusted EBITDA margin of 26.3% (Q1 2021: 7.4%). This increase is predominantly driven by the inclusion of Bikeleasing’s revenue and EBITDA in Q1 2022. In the previous year period Q1 2021, Bikeleasing was not part of Brockhaus Technologies yet.
As communicated on May 2, 2022, with the publication of the annual report, Brockhaus Technologies expects revenue of between € 140 – 150 million at an adjusted EBITDA margin of 35% for fiscal year 2022.
The financials stated in this disclosure are preliminary and unaudited. The quarterly financial report Q1 2022 of Brockhaus Technologies will be published on Monday, May 16, 2022. The earnings call Q1 2022 is scheduled for Tuesday, May 17, 2022, at 05.00pm CET.
EBITDA is defined as earnings before interest, tax, depreciation and amortization, adjusted for the cost of acquisition of subsidiaries, cost of equity transactions and share-based payments. Revenue as well as EBITDA are additionally adjusted for effects resulting from purchase price allocations (PPA). Further information on alternative performance measures can be found from page 86 onwards in our annual report 2021.
Brockhaus Technologies – Paul Göhring
|Company:||Brockhaus Technologies AG|
|60313 Frankfurt am Main|
|Phone:||+49 (0)69 2043 409 0|
|Fax:||+49 (0)69 2043 409 71|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1352519|
|End of Announcement||DGAP News Service|