EQS-News: Exasol confirms preliminary figures for the third quarter, achieves positive EBITDA for the third consecutive quarter, substantiated full-year outlook confirmed
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EQS-News: EXASOL AG
/ Key word(s): Quarter Results
Exasol confirms preliminary figures for the third quarter, achieves positive EBITDA for the third consecutive quarter, substantiated full-year outlook confirmed
Nuremberg, 13 November 2024: Exasol AG, a global technology company and provider of a high-performance query engine for data analytics, today confirmed the preliminary figures released on November 5th. Accordingly, Exasol has achieved a positive operating result (EBITDA) of EUR 1.0 million in the first three quarters of the current financial year, thus significantly improving its earnings power (9M 2023: EUR -4.1 million). This marks Exasol's third consecutive operationally positive quarter. Revenue also further increased by 10.6% to EUR 29.1 million (9M 2023: EUR 26.3 million). Annualized recurring revenues (ARR) increased by 11.6% to EUR 40.4 million (30 September 2023: EUR 36.2 million). The acquisition of new customers also developed positively, increasing to twelve (9M 2023: nine). In total, gross new business with new and existing customers amounted to EUR 4.1 million in the first nine months, representing a slight increase compared to the same period of the previous year (9M 2023: EUR 3.9 million). With a net increase in the third quarter of EUR 0.8 million, the ARR development regained momentum. The increase in profitability is also reflected in the development of liquid funds, which significantly rose by EUR 4.5 million during the reporting period (9M 2023: EUR -4.8 million). As a result, cash and cash equivalents amounted to EUR 17.8 million as of 30 September 2024 (31 December 2023: EUR 13.3 million). Outlook 2024 The outlook for the 2024 financial year remains unchanged: Exasol expects an increase in ARR of up to 10% year-on-year, while Group revenue is projected to increase by 10-15%. Regarding the operating result (EBITDA), the executive board has substantiated its expectations to a range between EUR 1.5 and 2.0 million (previously: positive) with the release of the preliminary figures. Expectations for liquid assets were also substantiated with preliminary figures and are expected to be between EUR 11 and 13 million at the end of 2024 (previously: over EUR 10 million). Key figures
*The EBITDA for 2023 is adjusted for the costs of the capital increase from June 2023 amounting to EUR 0.3 million. IR Contact
13.11.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | EXASOL AG |
| Neumeyerstraße 22-26 | |
| 90411 Nuremberg | |
| Germany | |
| Internet: | www.exasol.com |
| ISIN: | DE000A0LR9G9 |
| WKN: | A0LR9G |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2028563 |
| End of News | EQS News Service |
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2028563 13.11.2024 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | ||
| Sales1 | 17,72 | 21,61 | 23,60 | 27,46 | 33,19 | 35,14 | 40,00 | |
| EBITDA1,2 | 1,77 | -10,96 | -29,94 | -25,67 | -12,16 | -5,68 | 1,85 | |
| EBITDA-Margin3 | 9,99 | -50,72 | -126,86 | -93,48 | -36,64 | -16,16 | 4,63 | |
| EBIT1,4 | -0,10 | -13,16 | -34,10 | -28,50 | -14,92 | -8,32 | 0,00 | |
| EBIT-Margin5 | -0,56 | -60,90 | -144,49 | -103,79 | -44,95 | -23,68 | 0,00 | |
| Net Profit (Loss)1 | -0,63 | -13,98 | -34,33 | -29,30 | -15,01 | -8,22 | 0,00 | |
| Net-Margin6 | -3,56 | -64,69 | -145,47 | -106,70 | -45,22 | -23,39 | 0,00 | |
| Cashflow1,7 | 1,23 | 2,23 | -11,21 | -36,07 | -14,28 | -6,29 | 0,00 | |
| Earnings per share8 | -0,03 | -0,63 | -1,40 | -1,20 | -0,61 | -0,30 | -0,18 | |
| Dividend per share8 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: KPMG
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
| ©boersengefluester.de | ||||||
| Exasol | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| A0LR9G | DE000A0LR9G9 | AG | 62,37 Mio € | 25.05.2020 | Kaufen | 8FXHF4J9+8C |
| PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 0,00 | 0,93 | 0,00 | -4,33 | 14,17 | -9,91 | 1,77 |
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 0,00 | 0,00 | 0,00 | 0,00% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 20.06.2024 | 07.05.2024 | 14.08.2024 | 13.11.2024 | 07.05.2024 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| +11,97% | +2,52% | -26,23% | -25,40% | -75,58% |
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