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
Real-time Estimate Quote. Real-time Estimate Tradegate - 08/03 03:47:40 am
6.9 EUR   -0.72%
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

elumeo : Q1 Quarterly Release 2021 (pdf)

05/12/2021 | 02:26am EDT

Quarterly Release

Q1/2021

elumeo SE | Quarterly Release Q1/2021 | Table of Contents

| 1

Table of Contents

Key Figures Q1/2021................................................................................................................

2

Capital Market Information.....................................................................................................

3

Publication of Results Q1/2021..............................................................................................

4

Principles ....................................................................................................................................................

4

Business Development.............................................................................................................................

4

Earnings, Assets and Financial Position.................................................................................................

5

Supplementary Report ............................................................................................................

7

Risk and Opportunity Report..................................................................................................

7

Forecast Report........................................................................................................................

7

Condensed Interim Consolidated Financial Statements ....................................................

8

Consolidated Statement of Income and Consolidated Statement of Comprehensive Income 8

Consolidated Statement of Financial Position.....................................................................................

9

Consolidated Statement of Changes in Equity..................................................................................

11

Consolidated Statement of Cash Flows..............................................................................................

12

Imprint .....................................................................................................................................

13

2 |

elumeo SE | Quarterly Release Q1/2021 | Key Figures Q1/2021

Key Figures Q1/2021

Q1 2020

EUR thousand

Q1 2021

QoQ

[unless indicated otherwise]

in %

Revenue

13,208

100.0%

10,330

100.0%

27.9%

[The following disclosures represent:

absolute values and in % of revenue]

Gross profit

7,210

54.6%

4,635

44.9%

55.5%

EBITDA

1,074

8.1%

-1,041

-10.1%

203.1%

Adjusted-EBITDA

1,029

7.8%

-1,081

-10.5%

195.2%

Depreciation and amortisation

232

1.8%

239

2.3%

-2.8%

EBIT

842

6.4%

-1,320

-12.8%

163.8%

Total comprehensive income

792

6.0%

-1,341

-13.0%

159.1%

Selling and administrative expenses

6,475

49.0%

5,998

58.1%

7.9%

[absolutely and in % of balance sheet total]

Total assets 1

20,327

100.0%

21,164

100.0%

-4.0%

Total equity 1

5,141

25.3%

4,346

20.5%

18.3%

[absolutely and in % of balance sheet total]

Working capital 1

4,920

24.2%

4,142

19.6%

18.8%

[absolutely and in % of balance sheet total]

1 Prior year disclsoure: 31 Dec 2020

[The following disclosures represent:

absolute values and in % of revenue]

Net cash flow from operating activities

253

1.9%

278

2.7%

-9.0%

Net cash flow from investing activities

-107

-0.8%

-81

-0.8%

-31.8%

Net cash flow from financing activities

-99

-0.8%

-527

-5.1%

81.2%

Items sold [pieces]

145,839

147,162

-0.9%

Average sales price (ASP) [EUR]

91

70

29.0%

Gross profit per item sold [EUR]

49

31

57.0%

New customer breakdown (Germany only)

[in % of new customers]

TV only

13%

25%

-11.5 p.p.

Web only

76%

63%

13.5 p.p.

Others

10%

12%

-1.9 p.p.

elumeo SE | Quarterly Release Q1/2021 |

| 3

Capital Market Information

Basic data and key figures on the share of elumeo SE

(Status: 31 March 2021)

WKN

ISIN

Earnings per share in Q1 2021

Number of shares outstanding

XETRA closing price at the end of the reporting period

Market capitalisation

A11Q05

DE000A11Q059EUR 0.15 5,500,000

EUR 7.40

EUR 40.7 million

Share price development

(1 January to 31 March 2021: XETRA, in EUR)

Shareholder structure

(Status: 31 March 2021)

Shareholdings

1.

Blackflint Ltd.

26.66%

2.

Ottoman Strategy Holdings (Suisse) SA

26.23%

3.

Universal Investment

10.01%

4. Members of the Executive Board

10.83%

5.

Free float

26.26%

4 |

elumeo SE | Quarterly Release Q1/2021 |

Publication of Results Q1/2021

Principles

The principles and methods of the elumeo Group described in the Annual Report for financial year 2020 which ended on 31 December ("Annual Report 2020") remain valid.

General information and comparability of disclosures

This Quarterly Release covers the period from 1 January to 31 March 2021 ("3M 2021"). The changes in the period comparison are referred to as three-month period to three-month period ("3Mo3M") or quarter to quarter ("QoQ").

Explanation of alternative performance indicators

The elumeo Group uses alternative performance measures ("APMs") in its regulatory and mandatory publications that are not regulated in the applicable International Financial Reporting Standards ("IFRSs"). For further information on the definition, use and limitations of the usability of the alternative performance measures, the accounting methods used and the reconciliations, please refer to https://www.elumeo.com/ir/publications/explanation-alternative-performance-measures.

Business Development

In the three-month period of 2021, the economic development of the elumeo Group was characterised by the following key events:

The elumeo Group continued its positive business development. Revenues increased QoQ by 28% from EUR 10.3 million to EUR 13.2 million, gross profit increased above average by 56% from EUR 4.6 million to EUR 7.2 million and EBIT from EUR -1.3 million to EUR 0.8 million.

The main driver here is the classic web shop, whose sales increased by 41%, gross profit increased by 81%. The performance of our TV business improved either, sales increased by 29% (based on merchandise data).

Selling expenses in the first quarter of 2021 increased by 4.8%. The reductions are mainly due to higher investments in Online-Marketing. Administrative expenses increased QoQ by 16.3%, mainly due to higher legal advice costs and maintenance measures for our warehouse.

Other operating income mainly includes income from exchange rate differences and from the sale of assets.

Total adjusted EBITDA improved from EUR -1.1 million to EUR 1.0 million.

The consolidated net result developed from EUR -1.3 million in the first quarter of 2020 to EUR 0.8 million in the first quarter of 2021.

Explanations of the individual financial ratios are provided in the following sections.

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

elumeo SE published this content on 12 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2021 06:25:04 UTC.


ę Publicnow 2021
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 56,4 M 56,4 M
Net income 2021 1,95 M 2,32 M 2,32 M
Net cash 2021 4,40 M 5,22 M 5,22 M
P/E ratio 2021 20,2x
Yield 2021 -
Capitalization 38,2 M 45,4 M 45,4 M
EV / Sales 2021 0,71x
EV / Sales 2022 0,59x
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
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 6,95 €
Average target price 11,00 €
Spread / Average Target 58,3%
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