Brief: Energisme FY Revenue Up At 3.46 Million Euros

Energisme SA

22/02/2022 16:40

Feb 22 (Reuters) - ENERGISME  ALNRG.PA : 
    * FY REVENUE EUR 3.46 MILLION VERSUS EUR 2.0 MILLION YEAR
AGO
    * REVENUE GROWTH OF 71.3% IN 2021, IN LINE WITH EXPECTATIONS
    * END-2021 MRR EUR 430,000 VERSUS EUR 330,000 YEAR AGO
    * OUTLOOK: 2022 WILL ALLOW THE GAP BETWEEN THE SIGNED AND
INVOICED
ARR TO BE REDUCED AND FUTURE COMMUNICATIONS WILL THEN BE BASED
ON THE INVOICED ARR ONLY
    * OUTLOOK: THIS GAP IS OVERWHELMINGLY DUE TO START-UP AND
DEPLOYMENT DELAYS WITH CERTAIN CUSTOMERS IN THE TROUBLED PERIOD
OF THE COVID19 PANDEMIC
    * OUTLOOK: CONFIRMS ALL THE OBJECTIVES SET IN ITS STRATEGIC
PLAN
"AMBITION 20-24", INCLUDING SET TARGET OF EUR 20 MILLION IN ARR
    * OUTLOOK: THIS EXPECTED INCREASE IN REVENUES, COMBINED WITH
A
REDUCTION IN CURRENT EXPENSES, SHOULD LEAD TO AN IMPROVEMENT IN
RESULTS FROM 2022 ONWARDS
    * OUTLOOK: AIM OF ACHIEVING A POSITIVE EBITDA BY THE FIRST
QUARTER
OF 2023

Further company coverage:  ALNRG.PA 

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