HolidayCheck Group AG Announces Earnings Results for the Fourth Quarter and Full Year 2017; Provides Earnings Guidance for the Year 2018
For the year, the company announced a year-on-year increase of 13.3% in revenue from EUR 107.3 million in 2016 to EUR 121.6 million. At EUR 0.2 million, EBITDA (Earnings before interest, taxes, depreciation and amortization) was 93.0% down on the 2016 total of EUR 2.8 million. At EUR 1.6 million, operating EBITDA (operating earnings before interest, tax, depreciation and amortization) was 42.4% down on the 2016 figure of EUR 2.7 million. LBIT (loss before interest and tax) stood at EUR 5.7 million compared with EUR 3.0 million in the previous year. LBT (loss before taxes) were EUR 5.9 million compared to EUR 2.8 million a year ago. Consolidated net loss was EUR 5.9 million compared with EUR 2.9 million in 2016. Basic and diluted loss per share from all operations was EUR 0.10 compared with minus EUR 0.05 in 2016.
The company provided earnings guidance for the year 2018. The Management Board anticipates a further increase of between 8% and 13% in the group's total revenue in 2018, after adjusting for any acquisitions or disposals of long-term equity investments and expects operating EBITDA in financial 2018 to lie between EUR 2.5 million and EUR 6.5 million.