EV Digital Invest AG
ISIN: DE000A3DD6W5
WKN: A3DD6W
30 May 2024 06:16PM

EQS-Adhoc: EV Digital Invest AG updates forecast for 2024 and places convertible bonds

EV Digital Invest AG · ISIN: DE000A3DD6W5 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 1914815

EQS-Ad-hoc: EV Digital Invest AG / Key word(s): Change in Forecast
EV Digital Invest AG updates forecast for 2024 and places convertible bonds

30-May-2024 / 18:16 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.


EV Digital Invest AG updates forecast for 2024 and places convertible bonds

Berlin, 30 May 2024.
EV Digital Invest AG (ISIN: DE000A3DD6W5), operator of the two online investment platforms ‘Engel & Völkers Digital Invest’ and ‘Digital Invest Assets’, updates its forecast for 2024. The company expects income1) of between EUR 2.3 million and EUR 2.7 million. EBIT is planned at between EUR -3.5 million and EUR -4.1 million. At the same time, expected total costs are forecasted at between EUR 5.8 million and EUR 6.6 million. The previous forecast originally predicted a year-on-year increase in income of 10 to 30 per cent for the 2024 financial year, with an improved EBIT of up to EUR -1.9 million. The updated financial planning is therefore also below analysts' estimates of income of EUR 5.6 million, total costs of EUR 7.4 million and a net loss for the year of EUR -1.8 million.

In this context, an additional capital requirement was identified. This will be covered by the placement of two convertible bonds with a total issue volume of EUR 2.5 million. For this reason, the company decided today to issue a first convertible bond with a nominal value of EUR 1.1 million. This was subscribed by the majority shareholder. In addition, the majority shareholder has undertaken to subscribe to a further convertible bond with a nominal value of EUR 1.4 million, which is to be issued after the upcoming Annual General Meeting. Shareholders' subscription rights have been or will be excluded. The conversion price is EUR 3.25 per share. The term of the convertible bonds is 2 years. The bonds are subject to qualified subordination.

Further information: www.ev-digitalinvest.de and www.digitalinvest-assets.de

EV Digital Invest AG
Licence partner of Engel & Völkers Marken GmbH & Co. KG
Joachimsthaler Str. 12
10719 Berlin
www.ev-digitalinvest.de

Contact:
Kirchhoff Consult, Jan Hutterer
Borselstraße 20, 22765 Hamburg
Phone: +49 40 60 91 86 65
E-mail: ev-digitalinvest@kirchhoff.de

1) Income is made up of the following items in the income statement: 1. sales, 2. other operating income, 3. other interest and similar income.



End of Inside Information

30-May-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: EV Digital Invest AG
Joachimsthaler Straße 10
10719 Berlin
Germany
Phone: +49 30 403 69 15 21
E-mail: info@ev-digitalinvest.de
Internet: www.ev-digitalinvest.de
ISIN: DE000A3DD6W5
WKN: A3DD6W
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1914815

 
End of Announcement EQS News Service

1914815  30-May-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 0,66 1,73 3,12 4,37 5,20 4,14 2,55
EBITDA1,2 -0,68 -1,04 -0,99 0,05 -3,43 -3,69 -3,90
EBITDA-Margin3 -103,03 -60,12 -31,73 1,14 -65,96 -89,13 -152,94
EBIT1,4 -0,82 -1,06 -1,02 0,03 -3,45 -3,70 -3,80
EBIT-Margin5 -124,24 -61,27 -32,69 0,69 -66,35 -89,37 -149,02
Net Profit (Loss)1 -0,70 -1,23 -1,20 0,04 -3,32 -3,69 -4,40
Net-Margin6 -106,06 -71,10 -38,46 0,92 -63,85 -89,13 -172,55
Cashflow1,7 -0,70 -0,63 -1,28 -0,21 -7,18 -2,13 0,00
Earnings per share8 -0,18 -0,28 -0,27 0,01 -0,75 -0,78 -0,98
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: Baker Tilly

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
EV Digital Invest
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A3DD6W DE000A3DD6W5 AG 3,80 Mio € 03.05.2022 9F4MG83J+38
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
-4,76 0,00 0,00 -2,04 1,61 -1,78 0,92
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
04.06.2024 31.10.2024 17.04.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+0,00%
0,81 €
ATH 13,97 €
-15,98% -49,97% -79,95% -81,42% -94,21%

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