Welcome to our dedicated page for LLEIDANETWORKS SERVEIS news (Ticker: LLEIF), a resource for investors and traders seeking the latest updates and insights on LLEIDANETWORKS SERVEIS stock.
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.
Lleida.net (OTC: LLEIF) reported a 41% increase in gross margin in Q4 2021 and a 17% rise for the year, marking its best results since going public in 2015. The company achieved a margin of €9.37 million in 2021, up from €8 million in 2020, while sales grew by 9% to €17.97 million. SaaS services, now over 50% of sales, drove this growth. The acquisition of Indenova contributed €500,000 in revenue. Despite an increased debt position due to the acquisition, the company aims to invest in internationalization and innovation.
Lleida.net (OTC:LLEIF) has renewed its agreement with Telefónica Global Solutions, strengthening their collaboration established since 2016. The new contract allows Lleida.net to provide its suite of SaaS services, including registered SMS and email, across multiple countries in Latin America. In 2021, Lleida.net achieved a record of 42.2 million electronic communications, marking its best production year. The company, a leader in registered electronic signatures, holds over 205 patents and operates in 18 countries, serving clients in more than 50.
Lleida.net reported a record 42.2 million electronic communications sent in 2021, marking a 532% increase from 2018. This growth is attributed to enhanced service usage, particularly in their Click&Sign service, which saw submissions rise to 4.32 million. The fourth quarter was noted as the best in the company’s 27-year history. While SMS usage dipped slightly to 7.97 million, SMS contracts surged by almost five times since 2018. The firm has a robust intellectual property portfolio with over 205 patents.
Lleida.net (OTCQX: LLEIF) has been added to the OTCQX Composite Index, highlighting its investor-oriented transparency. This marks its inclusion in three OTCQX indexes since entering the U.S. market in 2020. The company traded over 80 million euros in shares in 2021, indicating high liquidity. Lleida.net leads in electronic notification and contracting, holding over 200 patents globally. It also recently acquired Indenova for 7.1 million euros, a notable transaction in Spain's SaaS sector.
Sisco Sapena, CEO and founder of Lleida.net (OTCQX: LLEIF), acquired 44,000 shares at EUR 4.03 each, increasing his ownership to 34.27%. This marks his sixth purchase this year, totaling over 146,000 shares. The acquisition occurred on the same day Lleida.net's General Meeting approved the purchase of Indenova for EUR 7.1 million. Lleida.net is a leader in registered electronic signatures with a strong IP portfolio, holding over 200 patents across 63 countries.
Lleida.net's General Shareholders Meeting, held in Madrid on November 29, 2021, approved the acquisition of Indenova, a tech company, with overwhelming support from 98.44% of shareholders. The transaction, valued at 7.1 million euros, includes assuming 1.6 million euros in existing debt. This acquisition is expected to enhance Lleida.net's growth, projecting an EBITDA increase of 3.79 million euros, and a combined turnover of 19.72 million euros. Payments will be made over four years, with initial cash payments totaling EUR 4 million.
The CEO of Lleida.net, Sisco Sapena, purchased 41,000 shares of the company at a weighted average price of EUR 4.67, totaling over 191,600 euros. This acquisition increases his ownership to 34% of the company. In 2021, he has acquired 102,300 shares demonstrating confidence in Lleida.net's future. The company also announced plans to buy Indenova for 7.1 million euros and reported a 26% increase in SaaS sales year-over-year. Lleida.net boasts over 200 patents and has maintained positive EBITDA for 21 quarters.
Lleida.net reported a 26% increase in SaaS sales for Q3 2021, reaching €4.7 million year-to-date, with Q3 sales exceeding €1.5 million. Total sales across all segments hit €12.58 million, up €860,000 from the previous year. The company achieved a pre-tax result of €788,000 and recorded 21 consecutive quarters of positive EBITDA. International sales grew from 53% to 56% over the year, reflecting Lleida.net's commitment to global expansion and innovation.
Lleida.net reported a remarkable 90% increase in pre-tax profit, achieving €659,000 in the first half of 2021, up from €346,000 in H1 2020. The company also recorded an EBITDA of €1.19 million and a significant sales boost in its SaaS line, which rose by 33% to €3.1 million. The recent acquisition of inDenova for €7.1 million is expected to enhance EBITDA to over €3.96 million. With a market cap exceeding €80 million, Lleida.net solidifies its position as a leader in registered electronic notifications and contracting.
Lleida.net has finalized the purchase of 100% of inDenova's stock for 7.1 million euros, which includes assuming 1.6 million euros in financial debt. The acquisition aims to enhance Lleida.net's EBITDA to over 3.96 million euros, with a combined turnover of 19.7 million euros. The deal will be financed through bank loans and will involve staged payments over four years. The acquisition is part of Lleida.net's inorganic growth strategy.
FAQ
What is the market cap of LLEIDANETWORKS SERVEIS (LLEIF)?
When was Lleida.net founded?
What services does Lleida.net specialize in?
How many patents has Lleida.net accumulated?
What was the EBITDA increase reported by Lleida.net in the first quarter of 2024?
How many clients did Lleida.net have in the first quarter of 2024?
Where is Lleida.net listed?
What recent achievement did Lleida.net announce with the USTPO?
What is the CEO of Lleida.net's name?
What percentage of Lleida.net's revenues in the first quarter of 2024 came from international customers?
What is the focus of Lleida.net's approach to growth?