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LLEIDANETWORKS SERVEIS - LLEIF STOCK NEWS

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Lleida.net (BME: LLN) (EPA: ALN) (OTCQX: LLEIF) is a Spanish-listed technology company founded in 1995. The company specializes in certified electronic notification, signature, and contracting services. In the first quarter of 2024, Lleida.net reported a 71% increase in EBITDA, reaching €666,000, and a total of 1,925 clients, showcasing a significant recovery. With a strong focus on intellectual property, R&D, and internationalization, Lleida.net has accumulated 310 patents in over 60 countries. The company's recent achievements include receiving its eighth patent from the USTPO for a new electronic contracting method, solidifying its position as a leader in the industry.

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Lleida.net, a leader in electronic signature and notification services, reported a significant increase in revenue for 2022, reaching over $20 million—a 15% year-over-year growth and the highest since its inception in 1995. Analyst Theodore R. O'Neill from Litchfield Hills Research has issued a 'Buy' rating with a price target of $9, citing the company’s attractive valuation and market position. Lleida.net holds around 300 patents globally and operates 18 offices worldwide. It is listed on OTCQX in New York and has been recognized for its competence in the digital services market.

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Lleida.net (OTCQX:LLEIF) has been granted 72 new patents in Europe, increasing its global patent portfolio to 298, one of the largest in the digital services sector. The new patents enhance the company’s competitive edge by 30%, with significant patents including the electronic contract certification method and electronic signature method, both valid for 20 years. CEO Sisco Sapena highlighted this achievement as a testament to Lleida.net's innovation and commitment to digital transformation. The company's latest earnings report indicated record sales of over 20 million euros, reflecting successful growth strategies in intellectual property and R&D.

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Lleida.net reported a 15% increase in sales for 2022, reaching a record turnover of €20.67 million. This growth, amounting to €2.7 million, stems from positive performance across most business lines, except for recruitment impacted by economic trends. The gross margin also rose by 15% to €10.78 million, reflecting a gross margin percentage of 59% in Q4. However, EBITDA decreased by 16% due to higher personnel costs, which increased to €6.34 million. The company’s net financial debt rose by 4% to €8.62 million, although total debt dropped by 17%.

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Lleida.net has secured three patents in Germany, Austria, and Switzerland, enhancing its position as a leader in the registered electronic signature industry. This follows a previous patent received in February 2022. With these new patents, the company's total international recognitions rise to 224, solidifying its strong intellectual property portfolio. The patents are valid for 20 years, covering a region with over 100 million potential users. CEO Sisco Sapena highlighted this achievement as a commitment to innovation and intellectual property protection, crucial for sustaining growth in the electronic contracting market.

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Lleida.net, a Spanish publicly traded company, has been awarded a new patent by the Gulf Cooperation Council for a method certifying electronic mail with recognized electronic signatures. This patent, valid for 20 years, supports Lleida.net's growth in electronic certifications, particularly in markets like Dubai and Saudi Arabia. With this addition, the company now holds 220 patents across over 64 countries, establishing its leadership in registered electronic signatures and digital solutions. The CEO, Sisco Sapena, emphasized the importance of this patent for international expansion and market presence.

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Lleida.net has launched USVC, the first universal validator of electronic signatures, aimed at verifying their authenticity regardless of the platform. A patent application has been filed in multiple countries for this technology, which can validate documents in various formats like PDF and Word, and supports multiple electronic signature types.

CEO Sisco Sapena claims USVC could surpass the company's current revenue from registered electronic signature certification, representing a significant growth opportunity as the digital signature industry evolves. Lleida.net holds 220 patents across over 64 countries, reinforcing its leading position in this market.

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Lleida.net has secured a new patent from Danish authorities, increasing its intellectual property portfolio to 220 patents. The patent, titled 'Method for electronically signing contracts,' is valid for 20 years and signifies the company's technological capabilities. Sisco Sapena, CEO, emphasized the importance of the EU market, noting that this patent supports Lleida.net's growth strategy in electronic signatures, notifications, and contracts. The company has a robust portfolio recognized in over 64 countries, positioning it as a leader in the sector. Lleida.net is publicly traded on OTCQX in New York, Euronext Growth in Paris, and BME Growth in Madrid.

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Lleida.net, a Spanish technology services company, has secured its fifth patent from South Korea for a method of producing electronic contracts, marking its 219th patent globally. The 20-year patent is expected to potentially generate €3 million in revenue over the next two decades. This follows the company's announcement on December 12 of another patent granted for its EIDAS certified contracting method. Lleida.net holds patents across key Asian markets including China and Japan, and aims to bolster its presence in e-signature and e-contracting through robust intellectual property and R&D strategies. The company's shares have risen over 43% in the past month.

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Lleida.net has been awarded a new 20-year patent by the South Korean government, marking its fourth patent recognition in the country and the 218th worldwide. This EIDAS-certified patent relates to electronic signature technology and is expected to generate an estimated €3 million in revenue over the next two decades. In 2022, the company reported a 25% increase in sales, totaling €15.7 million in the first nine months, with EBITDA rising 44% from the previous year. Lleida.net aims to enhance its growth strategy in the electronic signature market across various regions.

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FAQ

What is the market cap of LLEIDANETWORKS SERVEIS (LLEIF)?

The market cap of LLEIDANETWORKS SERVEIS (LLEIF) is approximately 20.2M.

When was Lleida.net founded?

Lleida.net was founded in 1995.

What services does Lleida.net specialize in?

Lleida.net specializes in certified electronic notification, signature, and contracting services.

How many patents has Lleida.net accumulated?

Lleida.net has accumulated a total of 310 patents in more than 60 countries.

What was the EBITDA increase reported by Lleida.net in the first quarter of 2024?

Lleida.net reported a 71% increase in EBITDA, reaching €666,000.

How many clients did Lleida.net have in the first quarter of 2024?

Lleida.net had a total of 1,925 clients in the first quarter of 2024.

Where is Lleida.net listed?

Lleida.net is listed on multiple exchanges, including BME Growth, Euronext Growth Paris, OTC Markets in New York, Frankfurt, and Stuttgart stock exchanges.

What recent achievement did Lleida.net announce with the USTPO?

Lleida.net received its eighth patent from the USTPO for a new electronic contracting method.

What is the CEO of Lleida.net's name?

The CEO of Lleida.net is Sisco Sapena.

What percentage of Lleida.net's revenues in the first quarter of 2024 came from international customers?

Fifty-three percent of Lleida.net's revenues in the period came from customers outside Spain.

What is the focus of Lleida.net's approach to growth?

Lleida.net's approach to growth is based on intellectual property development, R&D, and internationalization policy.

How many clients does Lleida.net have in international markets?

Fifty-three percent of Lleida.net's revenues in the first quarter of 2024 came from customers outside Spain.

LLEIDANETWORKS SERVEIS

OTC:LLEIF

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LLEIF Stock Data

20.19M
4.93M
43.27%
1.23%
Telecom Services
Communication Services
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United States of America
Madrid