Avemio AG
ISIN: DE000A2LQ1P6
WKN: A2LQ1P
28 June 2024 04:30PM

EQS-News: Avemio AG published audited consolidated figures for 2023 – preliminary results confirmed

Avemio AG · ISIN: DE000A2LQ1P6 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 1936039

EQS-News: Avemio AG / Key word(s): Annual Report/Annual Results
Avemio AG published audited consolidated figures for 2023 – preliminary results confirmed

28.06.2024 / 16:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


Avemio AG published audited consolidated figures for 2023 – preliminary results confirmed

Frankfurt/Main, 28 June 2024
– Avemio AG (ISIN DE000A2LQ1P6, WKN A2LQ1P), a leading system supplier for hardware and software in the field of broadcast as well as professional media, audio and video solutions, today published its annual report for the 2023 financial year. According to the report, the Company generated consolidated revenue of EUR 99.2 million (2022: EUR 108.7 million) and break-even earnings before interest, taxes, depreciation and amortization (EBITDA) (2022: EUR 4.4 million), thus confirming the published preliminary results.

With equity of over EUR 26 million, an equity ratio of 52% and liquidity of EUR 5.4 million, Avemio has a solid basis for future growth and the continuation of the defined growth strategy of organic growth in its core retail business, targeted acquisitions, particularly in the international area, and the establishment of a media technology group through acquisitions, company start-ups and in-house digital developments.

For the current financial year, Avemio AG expects sales and earnings to stabilize.

The 2023 Annual Report of Avemio AG is available on the Company's website at https://avemio.com/en/news/.

About Avemio AG

Avemio AG is a media technology group with a focus on professional film and television technology. The trading group, which has been growing strongly for many years and has the highest turnover in the German-speaking B2B market with around EUR 100 million, supplies content producers as a manufacturer-independent provider with products from all major manufacturers. This also includes consulting and technical support for complete production, post-production, and broadcast systems as well as the planning, creation and system integration of media technology workflows with its own software products and cloud offerings.

The share capital of Avemio AG is divided into 3,832,150 no-par bearer shares and listed on the primary market of the Düsseldorf Stock Exchange.

At the beginning of the year 2023, the stock market listing took place as part of a reverse IPO. Here, after 30 years of existence, Teltec AG took over the shell company Palgon AG, which was listed on the Düsseldorf Stock Exchange, and changed its name to Avemio AG. The Company was promoted to the primary market and admitted to the Xetra trading platform and relocated from Düsseldorf to Frankfurt.

Avemio AG is planning internationalization as part of a buy-and-build strategy with already identified target companies as well as the expansion of the high-margin software offering.

Investor Relations

Lindsay Lorent
ir@avemio.com
Avemio AG
Schaumainkai 91
60596 Frankfurt
Germany

Press Contact

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Bahnhofstr. 98
82166 Graefelfing/Munich
Germany
Phone: +49 89 125 09 03-30
Mail: sh@crossalliance.de
www.crossalliance.de



28.06.2024 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.

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


Language: English
Company: Avemio AG
Schaumainkai 91
60596 Frankfurt
Germany
Phone: 06134 5844872
E-mail: ir@avemio.com
Internet: www.avemio.com
ISIN: DE000A2LQ1P6
WKN: A2LQ1P
Listed: Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Munich
EQS News ID: 1936039

 
End of News EQS News Service

1936039  28.06.2024 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 62,00 60,00 66,80 111,15 108,71 99,15 0,00
EBITDA1,2 0,00 0,75 2,20 5,50 4,47 -0,05 0,00
EBITDA-Margin3 0,00 1,25 3,29 4,95 4,11 -0,05 0,00
EBIT1,4 0,00 0,43 1,40 4,40 3,33 -2,61 0,00
EBIT-Margin5 0,00 0,72 2,10 3,96 3,06 -2,63 0,00
Net Profit (Loss)1 0,00 0,05 0,56 3,45 1,79 -3,45 0,00
Net-Margin6 0,00 0,08 0,84 3,10 1,65 -3,48 0,00
Cashflow1,7 0,00 0,37 0,87 2,40 -1,60 -3,62 0,00
Earnings per share8 0,00 0,01 0,16 1,01 0,46 -0,90 0,11
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

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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
Avemio
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A2LQ1P DE000A2LQ1P6 AG 27,13 Mio € 02.01.2023 Halten 9F2C4M29+9Q
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
37,26 20,19 1,85 49,86 1,15 -7,49 0,27
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
29.08.2024 30.09.2024 28.06.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-0,84%
7,08 €
ATH 85,50 €
-8,66% -2,95% -15,21% -33,83% -82,73%

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