EQS Group AG has an excellent start to 2021
14.05.2021
Strong revenue growth and increase in number of new customers during the first quarter
- 158 new SaaS customers
- EBITDA of EUR 309 thousand on plan (previous year EUR 799 thousand)
- EBITDA of EUR 1.23 million, adjusted for higher marketing & sales expenses
- New annual recurring business volume amounts to EUR 1.44 million
- Integration of Got Ethics A/S already successfully completed
- Number of SaaS customers rises, including acquisitions, to 3,260
Munich - May 14, 2021
EQS Group AG (ISIN: DE0005494165) started dynamically to the new year. In the months of January to March, the Group generated sales revenue of EUR 10.55 million (previous year EUR 8.35 million). That means an increase of 26 percent compared with the same period in the previous year. The EBITDA declined as expected to EUR 309 thousand (previous year EUR 799 thousand). The consolidated net profit for the year stood at EUR -926 thousand. Earnings per share amounted accordingly to EUR -0.11.