Welcome to our dedicated page for Lleidanetworks news (Ticker: LLEIF), a resource for investors and traders seeking the latest updates and insights on Lleidanetworks stock.
LleidaNetworks (LLEIF) delivers secure digital contracting solutions and certified electronic notification services through advanced encryption technology. This news hub provides investors and industry professionals with timely updates on corporate developments, financial results, and strategic initiatives.
Access official press releases covering product launches, partnership announcements, and operational milestones. Our curated news collection offers insights into the company’s patented electronic signature systems, SaaS platform enhancements, and global market expansion efforts.
Key updates include earnings reports, regulatory filings, and innovations in secure data handling. Bookmark this page for streamlined access to verified information about LleidaNetworks’ progress in digital authentication technologies and international growth strategies.
Lleida.net has agreed to acquire electronic signature solutions company inDenova for 7.1 million euros. This strategic move marks Lleida.net's first acquisition under its new growth strategy, aimed at enhancing profitability for shareholders. The acquisition is expected to increase the company's EBITDA by over 3.95 million euros based on 2020 data and expand its workforce by 70%, adding new teams in Valencia, Bogota, and Lima. inDenova specializes in electronic signature and invoicing services across several countries.
Sisco Sapena, CEO of Lleida.net (OTCQX: LLEIF), acquired 12,000 shares at 6.14 euros each, totaling 73,680 euros, increasing his stake to 36.66%. This purchase reflects his commitment as the company founder. The General Shareholders' Meeting approved a 25% dividend increase, distributing 1.25 euro cents per share on June 17, totaling over 245,000 euros for shareholders. Lleida.net reported a 20% sales increase, reaching 16.42 million euros in 2020, solidifying its position in the e-signature market with 200 patents across 60 countries.
The General Shareholders' Meeting of Lleida.net (OTCQX:LLEIF) approved a 25% increase in dividends, proposing 1.25 cents per share to be paid on June 17. Total dividends exceed 245,000 euros, reflecting the company's best year historically.
In 2020, sales rose by 20% to 16.42 million euros, with EBITDA of 2.57 million euros, a 17% increase. The company's assets grew by 24% to 13.2 million euros, while financial debt decreased by 15%.
Lleida.net reports a significant increase in working capital, reaching 5.2 million euros, up from 1.6 million euros at the start of 2020, indicating strong financial stability. Sales rose by 20% to 16.42 million euros, and net worth increased by 66% to 7.2 million euros.
EBITDA grew by 20% to 2.7 million euros, while profit before taxes reached 1.02 million euros. The company plans to increase dividends by 25% this year and focuses on innovation and international expansion.
Lleida.net (OTCQX: LLEIF) has signed an exclusive distribution agreement with eGate Egypt to distribute its services in Egypt. This partnership aims to enhance digital transformation for businesses in the region by providing registered electronic communication, signature, and contracting services. With over 101 million residents and extensive mobile connectivity, Egypt presents a significant market opportunity. Lleida.net's pay-per-use model simplifies access to its patented services, further strengthening its position in the African market.
Lleida.net has become the first private entity recognized as a UAE Pass Service Provider, facilitating digital signatures and contracts for UAE citizens and residents. This partnership with the Smart Dubai City Office integrates Lleida.net's eSignature and eContracting services with the UAE's national digital identity program, UAE Pass. The agreement promotes the mass adoption of digital solutions for official documents and is bolstered by Lleida.net's established presence in the Middle East through subsidiaries in Dubai.
Lleida.net reported a remarkable 475% increase in earnings for Q1 2021 compared to the prior year. The company achieved a turnover of €3.98 million and an EBITDA of €620,000, reflecting a 46% year-over-year growth. Driven by its SaaS products, sales surpassed €1.5 million. The company anticipates SaaS revenues to exceed 50% of total income this year. With a net financial debt below cash flow and €5.6 million available, Lleida.net is well-positioned for future growth, including a planned 25% dividend increase.
Lleida.net (OTCQX: LLEIF) reported a remarkable growth of its SaaS services, increasing by up to 500% over two years due to new global contracts and shifts in digital behavior caused by COVID-19. In 2020, SaaS revenues reached EUR 5.69 million, with predictions that it will constitute over 50% of total revenue in 2021. Notably, the Click&Sign API recorded a 64.85% rise in usage in Q1 2021 compared to Q1 2020. Additionally, registered emails and SMS traffic surged by 121.65% and 86.09%, respectively, showing strong demand primarily from the insurance sector across Europe and Latin America.
Lleida.net (LLEIF) has been included in the Euronext Tech Croissance index, recognizing its status as a leader in the certified electronic signature industry. This inclusion comes just over two years after its Paris listing, where its share price has increased by approximately 500% in the last year. Furthermore, the company's board approved a 25% increase in dividend payout and initiated a new treasury stock plan. With over 203 patents and legal recognition in more than 75 countries, Lleida.net continues to strengthen its position in the market.
