EQS-Adhoc: 029 Group SE: Portfolio company Limestone Capital AG successfully completes financing round
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EQS-Ad-hoc: 029 Group SE / Key word(s): Financing Berlin, 31st July 2024. 029 Group SE (ISIN: DE000A2LQ2D0), a global hospitality and lifestyle platform, announces that it was notified today that its portfolio company Limestone Capital AG had a financing event. Several non-operational shareholders have sold secondaries at a signifanctly higher valuation than the last one on record, and the company has raised fresh money via a convertible loan. Using this new valuation, the value of 029 Group’s interest in Limestone Capital has doubled from EUR 16.2 million to approximately EUR 33.4 million on a fully diluted basis.
About 029 Group SE 029 Group SE believes that the next generation of consumer brands will be built on connection, experiences, and community. In a post-pandemic world, new patterns of work, life and leisure are emerging and accelerating. These trends create opportunities in hospitality and lifestyle for innovation-driven entrepreneurship with a strong community focus. 029 Group SE backs the most audacious entrepreneurs with a hands-on investment approach, focusing on areas where they can add significant value through their platform, global network and company building expertise. 029 Group SE is based in Berlin, Germany. For further information, please see: https://www.029-group.com/
029 Group SE End of Inside Information
31-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | 029 Group SE |
| Neue Schönhauserstraße 3-5 | |
| 10178 Berlin | |
| Germany | |
| E-mail: | ir@029-group.com |
| Internet: | www.029-group.com |
| ISIN: | DE000A2LQ2D0 |
| WKN: | A2LQ2D |
| Listed: | Regulated Market in Dusseldorf, Munich |
| EQS News ID: | 1958409 |
| End of Announcement | EQS News Service |
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1958409 31-Jul-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 | 0,00 | 0,00 | 0,01 | 0,00 | 0,00 | 0,05 | 0,00 | |
| EBITDA1,2 | 0,00 | 0,00 | 0,00 | -0,02 | -0,66 | -5,59 | 0,00 | |
| EBITDA-Margin3 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | -11.180,00 | 0,00 | |
| EBIT1,4 | 0,00 | 0,00 | 0,00 | -0,02 | -0,66 | -5,59 | 0,00 | |
| EBIT-Margin5 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | -11.180,00 | 0,00 | |
| Net Profit (Loss)1 | 0,00 | 0,00 | 0,00 | -0,02 | -0,66 | -5,62 | 0,00 | |
| Net-Margin6 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | -11.240,00 | 0,00 | |
| Cashflow1,7 | 0,00 | 0,00 | 0,01 | -0,02 | -0,39 | -0,54 | 0,00 | |
| Earnings per share8 | 0,00 | 0,00 | 0,00 | 0,00 | -0,13 | -1,12 | -0,45 | |
| 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: Forvis Mazars
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 | ||||||
| 029 Group | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| A2LQ2D | DE000A2LQ2D0 | SE | 77,00 Mio € | 10.08.2022 | 9F4MGCF3+VR | |
| PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| -118,46 | 0,00 | 0,00 | -33,70 | 4,92 | -142,86 | 1.673,91 |
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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 |
| 10.06.2024 | 27.09.2024 | 24.04.2024 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -0,21% | +2,50% | -2,53% | -3,14% | +156,67% |
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