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EQS Group AG continues its growth in Q3 2022 - Marketscreener.com

EQS-News: EQS Group AG / Key word(s): Quarterly / Interim Statement
EQS Group AG continues its growth in Q3 2022

11.11.2022 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

EQS Group AG continues its growth in Q3 2022
Strong new customer growth only in the 2023 financial year due to delayed legislation

  • 246 new SaaS customers in the third quarter (previous year 227)
  • Revenue grows by 17 percent to EUR 15.05 million
  • EBITDA grows by 48 percent to EUR 1.40 million
  • Number of SaaS customers rises to 4,786 (previous year 3,817)
  • New ARR at EUR 5.54 million (previous year 5.91 million) in 9M
  • Revenue grows by 27 percent to EUR 44.97 million in 9M
  • German act on whistleblower protection is imminent
  • Long-term syndicated financing agreement concluded

Munich – 11 November 2022

EQS Group AG (ISIN: DE0005494165) continues to grow at double digit rates in the third quarter of 2022, although the implementation of the act on whistleblower protection in Germany has not been implemented yet and the inorganic growth effect is levelling off. In the months of July to September, the Group generated sales revenue of EUR 15.05 million (previous year EUR 12.87 million). That means an increase of 17 percent compared with the same period in the previous year. EBITDA rose to EUR 1.40 million (previous year EUR 946 thousand). The consolidated net profit for the year stood at EUR 353 thousand. Earnings per share amounted accordingly to EUR -0.03.

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