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Brockhaus Technologies AG: Preliminary revenue significantly increases to €125.8 million in 9M 2022 with adjusted EBITDA of €47.6 million (37.9% margin); Forecast 2022 raised

Brockhaus Technologies AG / Key word(s): 9 Month figures/Forecast
Brockhaus Technologies AG: Preliminary revenue significantly increases to €125.8 million in 9M 2022 with adjusted EBITDA of €47.6 million (37.9% margin); Forecast 2022 raised

10-Nov-2022 / 20:14 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Brockhaus Technologies AG: Preliminary revenue significantly increases to €125.8 million in 9M 2022 with adjusted EBITDA of €47.6 million (37.9% margin); Forecast 2022 raised

Frankfurt am Main, November 10, 2022.

Brockhaus Technologies AG (BKHT, ISIN: DE000A2GSU42, „Brockhaus Technologies“), according to preliminary numbers, generated revenue before PPA of €125.8 million in the first nine months of the fiscal year, which corresponds to +268% growth as compared to the previous year’s period 9M 2021 (9M 2021: €34.2 million). Adjusted EBITDA grew by +835% compared to the previous year’s period to €47.6 million, resulting in an adjusted EBITDA margin of 37.9% (9M 2021: €5.1 million; 14.9% margin). Adjusted EBIT grew by +1,115% compared to the previous year to €44.5 million (9M 2021: €3.7 million).

Before adjustments, preliminary revenue reached €123.2 million (+261% growth vs. 9M 2021; €34.2 million) with EBITDA of €44.5 million (+1,734% vs. 9M 2021; €2.4 million) and EBIT of €29.8 million (9M 2021: € -4.1 million). EBIT is especially affected by PPA amortizations.

Growth related to the segments that were already part of the group in the previous year period 9M 2021 amounted to +12%.

On the back of the strong operational development within the first nine months of the year, management expects to exceed the previous forecast. Management now expects revenue before PPA of between €150 and 155 million (previous forecast: €140 – 150 million) for fiscal year 2022, which corresponds to growth of between 19% and 23% as compared to the pro forma revenue of 2021 (previous forecast: growth between 11% and 19%). With regards to the adjusted EBITDA margin, Brockhaus Technologies confirms the current forecast of 35%.

With regard to the definition of alternative performance measures we refer to page 86 onwards in the annual report 2021 of Brockhaus Technologies.

The financial figures stated in this disclosure are preliminary and unaudited. The quarterly statement 9M 2022 of Brockhaus Technologies will be published on Monday, November 14, 2022. The earnings call 9M 2022 is also scheduled for Monday at 04:00pm CET.

Contact:

Brockhaus Technologies – Paul Göhring

Phone: +49 69 20 43 40 90

Fax: +49 69 20 43 40 971

E-Mail: ir@brockhaus-technologies.com

10-Nov-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language:

English

Company:

Brockhaus Technologies AG

Thurn-und-Taxis-Platz 6

60313 Frankfurt am Main

Germany

Phone:

+49 (0)69 2043 409 0

Fax:

+49 (0)69 2043 409 71

E-mail:

info@brockhaus-technologies.com

Internet:

https://www.brockhaus-technologies.com/

ISIN:

DE000A2GSU42

WKN:

A2GSU4

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1484947


 

End of Announcement

EQS News Service

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