Brief: Broadpeak H1 Net Profit Turns To Loss At Eur 3.8 Mln

Broadpeak SA

18/10/2022 17:13

Oct 18 (Reuters) - Broadpeak SA  ALBPK.PA :
    * BROADPEAK SA: FIRST HALF-YEAR 2022 RESULTS
    * H1 REVENUE EUR 16.1 MILLION VERSUS EUR 11.5 MILLION YEAR
AGO
    * H1 EBITDA LOSS EUR 4.4 MILLION VERSUS LOSS EUR 1.2 MILLION
YEAR
AGO
    * H1 NET LOSS EUR 3.8 MILLION VERSUS PROFIT EUR 0.1 MILLION
YEAR
AGO
    * FINANCIAL DEBT WAS CLOSE TO ITS EUR 13.7M FIGURE AT 31
DECEMBER
2021, STANDING AT EUR 13.1M AT 30 JUNE 2022.
    * FULLY CONFIDENT THAT ITS ANNUAL FINANCIAL TARGETS WILL BE
MET.
    * REVENUE IS STILL EXPECTED TO GROW BY AROUND 25% TO MORE
THAN EUR
41 MILLION.
    * GROUP EXPECTS TO MAINTAIN A POSITIVE EBITDA IN 2022,
DESPITE ITS
SPENDING, WHICH WILL REMAIN AT A SUSTAINED LEVEL TO SUPPORT
STRONG TECHNOLOGICAL AND COMMERCIAL MOMENTUM.
    * CONFIRMS ITS TARGET REVENUE OF EUR 100 MILLION BY 2026, OF
WHICH
40% WILL BE RECURRING REVENUE (MAINTENANCE & SAAS REVENUE), WITH
AN EBITDA MARGIN OF 20% (VERSUS. 9% IN 2021).

Source text for Eikon:  ID:nEQ6T59jsa 
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