Voltabox AG
ISIN: DE000A2E4LE9
WKN: A2E4LE
13 August 2024 03:37PM

EQS-Adhoc: Forecast for 2024 Fiscal Year Amended

Voltabox AG · ISIN: DE000A2E4LE9 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 1967089

EQS-Ad-hoc: Voltabox AG / Key word(s): Change in Forecast
Forecast for 2024 Fiscal Year Amended

13-Aug-2024 / 15:37 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.


Forecast for 2024 Fiscal Year Amended

Paderborn, August 13, 2024 – Voltabox AG ["Voltabox" or the "Company" or the "Company"; ISIN DE000A2E4LE9] has adjusted its forecast for the 2024 fiscal year. This is mainly due to the restructuring and refinement of the subsidiary GreenCluster GmbH. In view of the current market challenges, the company has temporarily reduced its trading activities and will in future focus on turnkey solutions in the VoltaStore business segment. The expected effects of this will not fully compensate for the lower-than-expected trading revenues in the current financial year. In the transition year 2024, GreenCluster GmbH will therefore make a reduced contribution to Group revenue and Group EBITDA (earnings before interest, tax, depreciation and amortization).

At the same time, Voltabox AG reacted proactively to the insolvency of an end customer in the field of high-voltage battery systems for bus applications and promptly stopped deliveries to avoid impairments on receivables. As a result, the VoltaMobil business segment currently expects a loss of revenue in this business.

Consequently, the Management Board has adjusted the revenue forecast for the 2024 fiscal year 2024 to approx. € 6 million and now expects an EBITDA of approx. -50%. Further details will be provided in the Half-Year Report to be published later today.

 

About Voltabox AG

Voltabox AG (ISIN DE000A2E4LE9), which is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange, is a technology driven provider for e-mobility solutions in industrial applications. Its core business lies in intrinsically safe, highly developed high-performance lithium-ion battery systems that are modular and in serial production. The battery systems are primarily used in agricultural and construction machinery as well as in electric and hybrid-electric buses for public transportation. In addition, Voltabox is active in the field of infrastructural energy production and corresponding utilization models through its subsidiary GreenCluster GmbH. For more information, visit www.voltabox.ag.

 

Contact

Voltabox AG

Patrick Zabel (CEO)

Technologiepark 32

33100 Paderborn

Email: investor@voltabox.ag

 



End of Inside Information

13-Aug-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Voltabox AG
Technologiepark 32
33100 Paderborn
Germany
Phone: +49 (0)5250 9930 964
E-mail: info@voltabox.ag
Internet: www.voltabox.ag
ISIN: DE000A2E4LE9
WKN: A2E4LE
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1967089

 
End of Announcement EQS News Service

1967089  13-Aug-2024 CET/CEST

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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 66,91 56,62 18,14 3,49 2,98 10,63 12,00
EBITDA1,2 9,59 -14,39 -24,24 -3,70 -2,30 -2,50 -0,90
EBITDA-Margin3 14,33 -25,42 -133,63 -106,02 -77,18 -23,52 -7,50
EBIT1,4 5,61 -107,59 -38,47 -10,00 -3,90 -2,75 -1,25
EBIT-Margin5 8,38 -190,02 -212,07 -286,53 -130,87 -25,87 -10,42
Net Profit (Loss)1 2,58 -101,92 -37,05 -12,84 -3,96 -3,28 -1,60
Net-Margin6 3,86 -180,01 -204,25 -367,91 -132,89 -30,86 -13,33
Cashflow1,7 -54,82 -10,89 3,75 -8,22 -2,10 1,38 0,00
Earnings per share8 0,16 -6,44 -2,34 -0,81 -0,23 -0,17 -0,08
Dividend per share8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

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: Rödl & Partner

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
Voltabox
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A2E4LE DE000A2E4LE9 AG 21,91 Mio € 13.10.2017 9F3CPQ28+PM
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
-104,00 0,00 0,00 -1,06 -14,66 15,91 2,06
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
27.08.2024 15.05.2024 13.08.2024 14.11.2024 30.04.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-5,45%
1,04 €
ATH 33,70 €
-10,42% -8,61% -16,80% -15,10% -95,67%

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