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Allterco JSCo announces preliminary 2021 consolidated financial figures

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  • A4L.F

Allterco JSCo / Key word(s): Preliminary Results/Annual Results
Allterco JSCo announces preliminary 2021 consolidated financial figures

11-Jan-2022 / 09:33 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Publication of inside information according to Article 17 MAR

Allterco JSCo announces preliminary 2021 consolidated financial figures

Sofia / Munich, 11 January 2022 - Allterco JSCo (ticker A4L / ISIN: BG1100003166) ("Allterco"), a provider of IoT and smart home products based in Sofia, Bulgaria, announces a 51% year-on-year increase in consolidated revenue from sales of devices (including related services) to BGN 59.5 million (EUR 30.4 million) in 2021, based on preliminary data as of the end of Q4 2021. While the revenue from sales of Shelly-branded smart home devices increased by 62%, amounting to BGN 55.9 million (EUR 28.6 million), revenue from sales of MyKi tracking devices decreased by 21% mainly as a result of the pandemic measures taken by the governments of a number of countries where the devices are being sold and the associated reduced mobility.

The Company will officially disclose consolidated financials for Q4 2021 within the statutory deadlines until 1 March 2022.

For further information, please visit allterco.com.

Investor Relations contact
CROSS ALLIANCE communication GmbH
Sven Pauly
Tel: +49 (0) 89-1250903-31
E-Mail: sp@crossalliance.de
www.crossalliance.de

11-Jan-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Allterco JSCo

103 Cherny Vrah Bldv

1407 Sofia

Bulgaria

E-mail:

s.iliev@allterco.com

Internet:

www.allterco.com

ISIN:

BG1100003166

WKN:

A2DGX9

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf

EQS News ID:

1266957


 

End of Announcement

DGAP News Service

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