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
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EBIT
EUR 800,000
Q1 EBITDA
EUR 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.)