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20.02.2020

EQS Group AG publishes preliminary figures for 2019

DGAP-News: EQS Group AG / Key word(s): Preliminary Results
20.02.2020 / 08:00
The issuer is solely responsible for the content of this announcement.

Corporate News

EQS Group AG publishes preliminary figures for 2019
Forecast for the financial year 2020

Munich - 20.02.2020

EQS Group AG (ISIN: DE0005494165) generated EUR 35.4 million in revenues for the financial year 2019 according to preliminary unaudited figures. Adjusted for the sale of ARIVA.DE AG after the first half of 2019, revenue increased by 11% to EUR 31.9 million. Factoring in accounting guidelines for leases in accordance with IFRS 16, EBITDA increased to EUR 2.1 million (adjusted EUR 0.4 million).

The new ARR, which was introduced for the first time and quantifies the newly contracted recurring business volume, amounted to a volume of EUR 3.8 million. The number of new customers (Large Caps) was 320.

The customer onboarding to the new IR COCKPIT has accelerated. So far more than 250 companies have migrated to the new platform.

Forecast for the 2020 financial year

For the 2020 financial year, the Management Board is planning a 10% to 20% adjusted revenue increase to between EUR 35.1 million and EUR 38.2 million. The EBITDA is expected to come out between EUR 3.5 million and EUR 4.5 million. The new ARR, which quantifies the newly contracted recurring business volume, we expect a volume between EUR 4.5 million to EUR 5.5 million. The number of new customers (Large Caps) shall be between 320 and 400.

The audited figures for the financial year 2019 will be published by EQS Group AG on April 3, 2020.


More information:

Receive news from EQS Group AG free of charge on your mobile device: via DGAP News App directly to your AppleWatch or iPhone (http://newsapp.dgap.de/).

EQS Group is a leading international provider of regulatory technology (RegTech) in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.

EQS Group's products are pooled in the cloud-based software EQS COCKPIT. They ensure the professional control of compliance workflows in the fields of whistleblower protection and case management, policy management, insider list management and disclosure obligations. In addition, listed companies benefit from a global newswire, investor targeting and contact management, IR websites, digital reports and webcasts for efficient and secure investor communications.

EQS Group was founded in 2000 in Munich, Germany. Today the group employs over 350 professionals and has offices in the world's key financial markets.

Contact:

André Marques

CFO

Tel.: +49 89-21029833

Mobile: +49 175-5250009

Email.: andre.marques@eqs.com



20.02.2020 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.
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