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Lleida.net increases sales and EBITDA according to audited results for the first half of 2024

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Lleida.net reported strong financial performance in H1 2024 with sales reaching 9.57 million euros, marking a 10% increase from 2023. The company achieved EBITDA of 1.38 million euros, showing a remarkable 476% improvement compared to H1 2023. The ICX Wholesale line contributed 38% of total revenues, while registered electronic notification services accounted for 11%. The company's Recovery Plan implementation, including a 26% workforce reduction, has yielded positive results with reduced personnel expenses by 16% and savings of 478,000 euros in external services. The SMS Solutions line in Spain showed growth with increased sales of 101,000 euros.

Lleida.net ha riportato una forte performance finanziaria nel primo semestre del 2024, con vendite che hanno raggiunto 9,57 milioni di euro, segnando un aumento del 10% rispetto al 2023. L'azienda ha ottenuto un EBITDA di 1,38 milioni di euro, con un notevole miglioramento del 476% rispetto al primo semestre del 2023. La linea ICX Wholesale ha contribuito per il 38% ai ricavi totali, mentre i servizi di notifica elettronica registrata hanno rappresentato l'11%. L'implementazione del Piano di Recupero dell'azienda, che ha incluso una riduzione del personale del 26%, ha prodotto risultati positivi, riducendo le spese per il personale del 16% e generando risparmi di 478.000 euro nei servizi esterni. La linea SMS Solutions in Spagna ha mostrato una crescita con vendite aumentate di 101.000 euro.

Lleida.net reportó un sólido desempeño financiero en el primer semestre de 2024, con ventas que alcanzaron 9,57 millones de euros, marcando un aumento del 10% en comparación con 2023. La compañía logró un EBITDA de 1,38 millones de euros, mostrando una notable mejora del 476% en comparación con el primer semestre de 2023. La línea ICX Wholesale contribuyó al 38% de los ingresos totales, mientras que los servicios de notificación electrónica registrada representaron el 11%. La implementación del Plan de Recuperación de la compañía, que incluyó una reducción del 26% en la plantilla, ha dado resultados positivos, con una reducción de los gastos de personal del 16% y ahorros de 478.000 euros en servicios externos. La línea SMS Solutions en España mostró un crecimiento con un aumento de ventas de 101.000 euros.

Lleida.net는 2024년 상반기에 강력한 재무 성과를 보고했으며, 매출은 957만 유로에 달해 2023년 대비 10% 증가했습니다. 회사는 138만 유로의 EBITDA를 달성하며 2023년 상반기와 비교해 476%의 눈에 띄는 개선을 보였습니다. ICX 도매 라인은 전체 수익의 38%를 기여했으며, 등록 전자 알림 서비스는 11%를 차지했습니다. 회사의 회복 계획 구현(26%의 인력 감축 포함)은 인건비 16% 감소와 외부 서비스에서 47만 8천 유로 절감이라는 긍정적인 결과를 가져왔습니다. 스페인의 SMS 솔루션 라인은 10만 1천 유로의 매출 증가로 성장을 보였습니다.

Lleida.net a rapporté une forte performance financière au premier semestre 2024, avec des ventes atteignant 9,57 millions d'euros, marquant une augmentation de 10% par rapport à 2023. L'entreprise a réalisé un EBITDA de 1,38 million d'euros, montrant une amélioration remarquable de 476% par rapport au premier semestre 2023. La ligne ICX Wholesale a contribué à 38% des revenus totaux, tandis que les services de notification électronique enregistrée ont représenté 11%. La mise en œuvre du Plan de Récupération de l'entreprise, comprenant une réduction de 26% de la main-d'œuvre, a produit des résultats positifs, avec une réduction des dépenses de personnel de 16% et des économies de 478.000 euros dans les services externes. La ligne SMS Solutions en Espagne a montré une croissance avec une augmentation des ventes de 101.000 euros.

Lleida.net berichtete von einer starken finanziellen Leistung im ersten Halbjahr 2024, mit einem Umsatz von 9,57 Millionen Euro, was einem Anstieg von 10% im Vergleich zu 2023 entspricht. Das Unternehmen erzielte ein EBITDA von 1,38 Millionen Euro, was eine bemerkenswerte Verbesserung von 476% im Vergleich zum ersten Halbjahr 2023 zeigt. Die ICX Wholesale-Sparte trug 38% zum Gesamtumsatz bei, während registrierte elektronische Benachrichtigungsdienste 11% ausmachten. Die Umsetzung des Wiederherstellungsplans des Unternehmens, einschließlich einer Reduzierung der Belegschaft um 26%, hat positive Ergebnisse erzielt, da die Personalkosten um 16% gesenkt werden konnten und Einsparungen von 478.000 Euro bei externen Dienstleistungen erzielt wurden. Die SMS Solutions-Sparte in Spanien zeigte ein Wachstum mit einem Anstieg der Verkäufe um 101.000 Euro.

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Madrid, October 25.- Technology services quoted company Lleida.net (BME:LLN) (EPA:ALLN) (OTCQX:LLEIF) recorded sales of 9.57 million euros in the first half of 2024, according to audited data presented by the company to the market today.

This figure represents a 10% increase in sales compared to the same period in 2023, when sales of the ICX Wholesale line accounted for 38% of the company's revenues.

In the first six months of the year, the listed company recorded EBIDTA of 1.38 million, with operating income of €389,000 and pre-tax income of €261,000, or a 130% increase over the same half of 2023.

EBITDA, 476% higher than in the first half of 2023, signals a return to profit after the implementation of a strict Recovery Plan at the end of last year.

The company has put all its efforts in 2024 into maintaining and improving margins per sale. Of the company's total revenues in the first half, 38% came from the ICX Wholesale line, while 11% originated from the registered electronic notification line.

The company recorded growth in sales of the SMS Solutions line, aimed at its customers in Spain, which increased sales by 101,000 euros.

In a regulatory document presented to the market today, the company explains that “our strategy is focused on increasing the number of standard users, which require fewer technical resources and offer greater profitability.”

“This approach has had a progressive impact on our sales, by simplifying processes that are cheaper than custom developments lead to higher profitability and have a larger potential market,” it adds.

At the end of last year, the company implemented a Recovery Plan that included an employment regulation process, which reduced its average workforce by 26%. Personnel expenses during the year have been reduced by 16% over the six-month period, while the company has saved 478,000 euros in external services.

Lleida.net, founded in 1995, has been listed on the stock exchange since 2015. It has a presence on BME Growth in Madrid, Euronext Growth in Paris and OTC Markets in New York, as well as in Frankfurt.

The company presented, last November 2023, a Comprehensive Recovery Plan with the objective of putting the company back on the path to growth.

The company has received more than 300 patents from 60 countries for its innovations in certified electronic notification, contracting and signature, and is considered one of the leaders in the industry.


SAFE HARBOR STATEMENT
This press release contains statements regarding the future of the company and its innovations. Statements regarding the future may be accompanied by words such as “anticipate”, “believe”, “estimate”, “wait”, “anticipate”, “pretend”, “power”, “plan”, “potential”, the use of future time and other terms of similar meaning. No undue reliance should be placed on these claims. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including uncertainty of the company's commercial success, ability to protect our intellectual property rights, and other risks. These statements are based on current beliefs and forecasts and refer only to the date of this press release. The company assumes no obligation to publicly update its forward-looking statements, regardless of whether new information, future events or any other circumstance arise.


FAQ

What was Lleida.net (LLEIF) revenue growth in H1 2024?

Lleida.net reported sales of 9.57 million euros in H1 2024, representing a 10% increase compared to the same period in 2023.

How much EBITDA did Lleida.net (LLEIF) generate in H1 2024?

Lleida.net generated EBITDA of 1.38 million euros in H1 2024, showing a 476% increase compared to H1 2023.

What percentage of Lleida.net's H1 2024 revenue came from ICX Wholesale?

ICX Wholesale line accounted for 38% of Lleida.net's total revenues in H1 2024.

What cost savings did Lleida.net achieve through its Recovery Plan in H1 2024?

Lleida.net reduced personnel expenses by 16% and saved 478,000 euros in external services through its Recovery Plan implementation.

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