Picture of Audius SE logo

3ITN Audius SE News Story

0.000.00%
de flag iconLast trade - 00:00
TechnologyAdventurousSmall CapNeutral

Germany's Audius Q1 revenue jumps 43.7%, EBITDA up 87.5%; helped by acquisitions

Overview

Germany IT services and telecom provider's fiscal Q1 revenue grew 43.7% yr/yr

EBITDA for fiscal Q1 rose 87.5% yr/yr; EBIT climbed 300% yr/yr

Company confirms full-year forecasts and reports order backlog up 26% yr/yr

Outlook

Audius confirms full-year revenue forecast of more than EUR 125 mln

Company maintains full-year EBITDA forecast of more than EUR 10 mln

Result Drivers

ACQUISITIONS - Co said acquisitions made in the previous year contributed to revenue and profit growth

ORGANIC GROWTH - Co reported strong organic growth of about 17% in the reporting period

ORDER BACKLOG - Co said order backlog rose significantly, primarily due to acquisitions

Company press release: ID:nEQ9bJ3Cda

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 EBITEUR 800,000
Q1 EBITDAEUR 1.5 mln
Analyst Coverage The one available analyst rating on the shares is "buy" The average consensus recommendation for the it services & consulting peer group is "buy" Wall Street's median 12-month price target for Audius SE is €27.60, about 104.4% above its May 20 closing price of €13.50 The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 18 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Audius SE

See all news