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aifinyo continues profitable growth in the first half of the year: EBIT +179%.

·4-min read

DGAP-News: aifinyo AG / Key word(s): Quarter Results
aifinyo continues profitable growth in the first half of the year: EBIT +179%.
20.07.2022 / 06:30
The issuer is solely responsible for the content of this announcement.

  • H1 2022: Transaktionsvolumen EUR 157,9 Mio. (+30%), Rohertrag EUR 5,9 Mio. (+55%)

  • Integration of Billomat progressing successfully

  • Outlook: Growth momentum expected to continue


Dresden/Berlin, 20 July 2022 – aifinyo AG today released its approved consolidated financial statements for 2021, confirming the preliminary figures published in January. The B2B fintech has successfully developed operationally and strategically in 2021. After having to record revenue losses and a negative annual result in 2020 for the first time since the company was founded in 2012 due to Corona, the company has returned to its profitable growth course. At the same time, aifinyo has invested heavily in the technological development of its smart billment ecosystem. After a successful start to 2022, the positive development is expected to continue in the further course of the year. 

The operator of a cloud-based platform for invoice and liquidity management, including uncomplicated financing solutions, which is unique in Germany, increased its transaction volume in the first half of 2022 by 30% from EUR 121.83 million in the same period of the previous year to EUR 157.90 million. Gross profit (total operating performance reduced by cost of goods sold and depreciation of leased assets), one of the company's most important key performance indicators, increased by as much as 55% to EUR 5.94 million in the first six months of the year. Despite one-off costs - including those for the acquisition of Billomat - aifinyo's earnings before interest and taxes (EBIT) increased significantly and disproportionately. EBIT increased by 179% from EUR 0.25 million to EUR 0.70 million. Adjusted for one-off effects, EBIT was even EUR 0.88 million. Earnings before taxes (EBT) improved from EUR -0.18 million to EUR 0.32 million compared to the first half of 2021. 

In addition to the pleasing operational development, aifinyo took an important strategic step in the first half of the year with the acquisition of Billomat. This expands aifinyo's ecosystem around the billing process of companies and the customer base was increased from about 2,000 to almost 10,000. In addition, there is considerable cross-selling potential.

aifinyo CEO Stefan Kempf: "The integration of Billomat has gone smoothly so far. After initially focusing on internal processes, we will be tackling the optimization of the joint IT infrastructure and cross-selling potential in the coming months. By giving Billomat customers access to aifinyo's financing solutions, for example, revenue per customer should increase significantly in the medium term."
aifinyo expects that while there are uncertainties due to the macroeconomic environment, the company's profitable growth should continue in the second half of 2022.

Overview of key figures (preliminary):

in kEUR

Q2/2021

Q2/2022

H1/2021

H1/2022

Transaction volume

65,885

83,304

121,834

157,895

Total output

8,786

10,909

16,452

20,919

Gross profit

1,943

2,787

3,824

5,941

EBIT incl. one-time effects

305

390

253

704

EBIT excl. one-time effects

305

488

253

881

EBT incl. one-time effects

34

194

-183

319

EBT excl. one-time effects

34

292

-183

495



About aifinyo
aifinyo is the reliable smart billing partner for entrepreneurs and freelancers to automate the billing, financing and payment of invoices. For this purpose, the fintech operates a unique platform around invoice and liquidity management including uncomplicated financing solutions in the areas of factoring, finetrading, leasing and receivables management. With Billomat, aifinyo also offers one of the leading cloud-based accounting systems in Germany, with which all invoice processes are handled simply and efficiently.
The shares (ISIN: DE000A2G8XP9) of aifinyo AG are listed on Xetra as well as in m:access, a market segment specifically for medium-sized companies within the Regulated Unofficial Market of the Munich Stock Exchange. The German Federal Financial Supervisory Authority (BaFin) supervises aifinyo finance GmbH as a financial services provider and aifinyo payments GmbH as a payment services provider. 
For further information, visit www.aifinyo.de

Responsible
aifinyo AG, John Alexander Rehmann (CMO)
Tiergartenstraße 8, 01219 Dresden
Tel.: 0351 / 896 933 10, e-mail: 
presse@aifinyo.de


Financial media & investor relations contact
Fabian Lorenz
Tel.: 0221 / 29831588, e-mail: 
lorenz@florenz-kommunikation.de


20.07.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

aifinyo AG

Tiergartenstraße 8

01219 Dresden

Germany

Phone:

0351 89693310

E-mail:

info@aifinyo.de

Internet:

https://www.aifinyo.de/

ISIN:

DE000A2G8XP9, DE000A3E5CQ8

WKN:

A2G8XP, A3E5CQ

Listed:

Regulated Unofficial Market in Dusseldorf, Frankfurt, Munich (m:access), Tradegate Exchange

EQS News ID:

1401457


 

End of News

DGAP News Service

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