Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Elumeo SE
  6. News
  7. Summary
    ELB   DE000A11Q059

ELUMEO SE

(ELB)
  Report
Delayed Quote. Delayed Xetra - 07/23 11:36:17 am
7.2 EUR   --.--%
06/28ELUMEO : Presentation of the Annual General Meeting 2021
PU
06/15DGAP-DD : elumeo SE english
DJ
06/11DGAP-DD : elumeo SE english
DJ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

PRESS RELEASE: elumeo SE continues positive business development from 2020

05/12/2021 | 02:02am EDT
DGAP-News: elumeo SE / Key word(s): Quarterly / Interim Statement 
elumeo SE continues positive business development from 2020 
2021-05-12 / 08:00 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
/ 
 
Corporate News 
elumeo SE continues positive business development from 2020 
- Revenue in first quarter rises by more than 28% year-on-year 
- Positive adjusted EBITDA in first quarter increases to EUR 1.0 million 
- Group net result improves from EUR -1.3 million (Q1/2020) to EUR 0.8 million (Q1/2021) 
- New feature of the Juwelo smartphone app launched 
Berlin, 12 May 2021 
elumeo SE has carried over the momentum from the previous year and gotten off to a successful start to financial year 
2021. Revenue of the leading European company in the electronic distribution of high-quality gemstone jewelry rose by 
28% compared to the previous year from EUR 10.3 million to EUR 13.2 million in the first quarter of 2021, while gross 
profit increased disproportionately by 56% from EUR 4.6 million to EUR 7.2 million. Adjusted EBITDA developed from EUR 
-1.1 million to EUR 1.0 million. 
The traditional web shop again proved to be a growth driver. Its revenue rose by 41%, the increase in gross profit was 
81%. However, the development of the German TV business also developed positively and managed to record the most 
successful first quarter in the company's history in terms of gross profit (Information based on merchandise management 
data). 
Distribution costs rose by 4.8% in the first quarter of 2021. This was mainly due to increased investments in online 
marketing. Administrative costs increased by 16.3% QoQ, mainly due to higher legal fees and warehouse maintenance. 
To further strengthen sales activities and customer activation, elumeo launched a new feature of the high-reach Juwelo 
smartphone app shortly before Easter in 2021. The new moving image feature called "My Juwelo" optimises the sales 
process and makes a significant contribution to the user experience. Customers can now order their desired items 
conveniently and intuitively by simply swiping directly from the product video view. The Juwelo app uses an 
AI-controlled algorithm to tailor these to the individual customer's needs. 
For the full year 2021, the management confirms its previous forecast. While the company expects high volatility and 
risks related to the COVID-19 pandemic to continue this year, revenue growth is still expected to be in the low 
double-digit % range. For the gross profit margin, management projects a stable development of more than 50%. Gross 
profit is also expected to develop slightly disproportionately. Adjusted segment EBITDA 2021 is expected to be in the 
low to mid-single-digit million range. 
 
About the company: 
The elumeo Group, headquartered in Berlin, is the leading European company in the electronic distribution of 
high-quality gemstone jewelry, mainly produced in India and Thailand. elumeo's goal is to make high-quality gemstone 
jewelry an affordable luxury for everyone. 
Through a variety of electronic distribution channels (such as TV, the Internet, Smart TV and Smartphone App), the 
listed company offers its customers primarily colour gemstone jewelry at comparatively low prices. The company sells 
its jewelry predominantly through direct sales. For example, the elumeo Group operates home shopping television 
stations in Germany and Italy as well as web shops in Germany, the UK, Italy, France, the Netherlands, Spain and 
Belgium. 
Contact: 
elumeo SE 
Investor Relations 
Erkelenzdamm 59/61 
10999 Berlin 
Tel.: +49 30 69 59 79-231 
Fax: +49 30 69 59 79-650 
E-Mail: ir@elumeo.com 
 
=---------------------------------------------------------------------------------------------------------------------- 
2021-05-12 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:      elumeo SE 
              Erkelenzdamm 59/61, Portal 3b 
              10999 Berlin 
              Germany 
Phone:        +49 30 69 59 79-0 
Fax:          +49 30 69 59 79-20 
E-mail:       info@elumeo.com 
Internet:     www.elumeo.com 
ISIN:         DE000A11Q059 
WKN:          A11Q05 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Munich, Stuttgart 
EQS News ID:  1195471 
 
End of News   DGAP News Service 
=------------ 

1195471 2021-05-12

 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1195471&application_name=news 
 

(END) Dow Jones Newswires

May 12, 2021 02:01 ET (06:01 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
ACTIVATION GROUP HOLDINGS LIMITED 2.47% 0.83 End-of-day quote.7.79%
DJ INDUSTRIAL 0.68% 35061.55 Delayed Quote.13.78%
ELUMEO SE 0.00% 7.2 Delayed Quote.70.62%
All news about ELUMEO SE
06/28ELUMEO : Presentation of the Annual General Meeting 2021
PU
06/15DGAP-DD : elumeo SE english
DJ
06/11DGAP-DD : elumeo SE english
DJ
06/11ELUMEO SE : Notification and public disclosure of transactions by persons
EQ
05/14ELUMEO : Präsentation Q1 Finanzbericht 2021 (pdf)
PU
05/12Elumeo SE Reports Earnings Results for the First quarter Ended March 31, 2021
CI
05/12ELUMEO : Q1 Quarterly Release 2021 (pdf)
PU
05/12ELUMEO : continues positive business development from 2020
EQ
05/12PRESS RELEASE : elumeo SE continues positive business development from 2020
DJ
05/12Elumeo SE Confirms Previous Earnings Guidance for the Year 2021
CI
More news
Financials
Sales 2021 47,5 M 55,9 M 55,9 M
Net income 2021 1,95 M 2,30 M 2,30 M
Net cash 2021 4,40 M 5,18 M 5,18 M
P/E ratio 2021 20,9x
Yield 2021 -
Capitalization 39,6 M 46,6 M 46,6 M
EV / Sales 2021 0,74x
EV / Sales 2022 0,61x
Nbr of Employees 242
Free-Float 36,3%
Chart ELUMEO SE
Duration : Period :
elumeo SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ELUMEO SE
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 7,20 €
Average target price 11,00 €
Spread / Average Target 52,8%
EPS Revisions
Managers and Directors
Wolfgang BoyÚ Chairman & Chief Executive Officer
Riad Nourallah Managing Director
Boris Kirn Chief Operating Officer
Frank Broer Deputy Chairman
Gregor Fa▀bender-Menzel Director
Sector and Competitors