Alkemy Italy Latest

The growth of Alchemy continues for the sixth consecutive year

alkemy logo

The Board of Directors permitted in the present day the consolidated financial statements for 2018. The Annual Basic Assembly of Shareholders authorised the financial statements for 2018 referred to as for on 30 April 2019 (first name for proposals) and, if needed, 7 Might 2019 (second name for proposals)

Growth continues for the sixth consecutive year since its inception: turnover + 67.7% and EBITDA + 58.5 % 2018 YoY

    • The 2018 monetary statements have been ready for the first time beneath IAS / IFRS accounting requirements, which inter alia rework the earlier year's knowledge to mirror clear comparability parameters1.
    • Group income was EUR 71.6 million in 2018, + 67.7% compared to the euro
      in the earlier year 42.7 million
    • F1820 EBITDA was EUR 6.2 million, + 58.5 % in comparison with EUR three.9 million in 2017.
    • Operating profit for 2018 was EUR four.eight million, in comparison with EUR 2.9 million in 2017. 19659005] Internet profit for the year totaled EUR three.4 million, +150 per cent, in comparison with EUR 1.4 million in 2017.
    • The internet monetary place was EUR -10.7 million on 31 December 2018, compared with EUR +12.6 million on 31 December 2017, mainly on account of

Milan, March 28, 2019 – Board of Administrators of Alkemy SpA, which is Leading firm in innovation in the business model of giant and medium-sized enterprises and listed in AIM Italia Borsa market Since 5 December 2017 (ALK), Italy has permitted for the first time the consolidated and statutory monetary statements for 2018 as a preliminary step in the MTASTAR phase.

Consolidated internet sales in 2018 amounted to EUR 71.6 million, an increase of 67.7 per cent compared to EUR 42.7 million in 2017. The outcome was achieved by organically growing Alkemy's industries and offering providers to Develo
”2018 was Alkemy SpA's sixth consecutive The year's growth since its establishment in 2012. It was an essential year of organic growth and growth, coupled with new and necessary acquisitions – Nunatac, Kreativa New Method, Ontwice Interactive Providers. The growth affected both the home and international markets the place the Group operates by way of its subsidiaries, specifically, Spain,
Mexico and the Balkan area, which now account for greater than 20% of income, stated Dukio Vitali, CEO of Alkemy.
Consolidated EBITDA for 2008 was EUR 6.2 million, a rise of 58.5 per cent, compared to EUR three.9 million in 2017, mainly as a consequence of natural growth and enlargement of the Group

. Enterprises bought in the Spanish and Mexican markets have an essential media element (shopping for and promoting digital media fields, which are characterized by very low margins), we consider it might also be helpful to current an adjusted EBITDA margin of 9.67%. To 9.16 % of the margin in 2017
The consolidated operating profit for 2018 was EUR 4.eight million, in comparison with EUR 2.9 million in 2017, which can improve in response to the broader scope of the Group.

FY 2018 Consolida Internet revenue was EUR three.4 million, in contrast with EUR 1.3 million in 2017, an increase of 150 %. The internet financial place on 31 December 2013 was EUR -10.7 million damaging, whereas the internet financial place was EUR +12.6 million on 31 December 2017. This variation is especially related to acquisitions throughout the year associated to the acquisition of shares and the guide worth of inventory options granted to minority shareholders in connection with the acquisition of minority shareholdings in future subsidiaries

OUTLOOK

Alkemy plans to continue its improvement and growth strategy in 2019 to take care of its specialization in technological and digital innovation , which aims to offer added value and revolutionary providers that can improve the monetary performance of corporations.

This technique is carried out by means of natural growth and the integration of acquired corporations. ”Particular parts via non-organic growth aimed toward expanding expertise and in addition evaluating opportunities

As well as, Alkemy will continue to scale, structure and enhance the organizational construction based mostly on the idea of customer-centeredness, focusing not only on services, but on all processes and buildings to satisfy buyer wants – control and information management techniques prolonged to all Group corporations

Final but not least, Alkemy confirms its intention to transfer its shares from AIM Italy to the MTA-STAR phase by the finish of the year. 2019, which provides the firm larger visibility in the monetary group, especially amongst institutional buyers, and adds value to the inventory resulting from the excessive necessities of the STAR phase in terms of transparency, business info and governance [19659011] Alkemy SpA's monetary statements for the year ended December 31, 2018 embrace a internet end result of EUR 1,972,668. (€ 705,350 in 2). 017). The Board of Directors proposes to the Annual Basic Meeting that Alkemy SpA's internet revenue for 2018 be set aside for the "transferred profit" regardless of the quantity of the provision.

The accounting data introduced listed here are nonetheless audited by unbiased auditors.
Persons entitled to attend and vote at the Annual Basic Assembly will probably be invited to the Annual Common Assembly on April 30, 2016 at 9.00 CET (first call for proposals). The firm is headquartered in Milan by way of San Gregorio 34 and, if crucial, at 7:00 pm on Might 7, 2019. CET (second call) at the firm's headquarters in Milan by way of San Gregorio 34 to discuss and determine on the approval of the company's monetary statements for 2018 and the presentation of the consolidated monetary statements for the year ended December 31, 2018 [19659011] 1 December 31, 2017 was the Worldwide Monetary Reporting Standards (IAS / IFRS). ) and subsequently differ from these introduced in the consolidated monetary statements at 31 December 2017, which have been introduced on three Might 2018 in accordance with the Nationwide Accounting Standards (GAAP).

2 The adjusted EBITDA margin is calculated by comparing EBITDA to complete revenue and income minus Media costs. Acquired Corporations
On the Spanish and Mexican Markets

Paperwork on Bizarre S agenda gadgets Shareholders' Assembly is on the market at the company's registered workplace and on the company's website at www.alkemy.com in accordance with the statutory phrases and methods of Company Governance.

Appendices

CONSOLIDATED INCOME STATEMENT

(Values ​​expressed as & # 39; 00zero Euros)

December 31, 2018

31.12. 2017

Internet Revenue

71,629

42,693

Value of Providers, Items and Different Operating Expenses

42,859

24.142

Human Assets Costs

22,570

14,639

Gross Revenue (EBITDA)

6,200

3,912

Depreciation, Depreciation and Impairment

1.366

990

Revenue

four,834

2,922

Financial revenue

236

10

Monetary Prices

(796)

(406)

Revenue (loss) earlier than taxes

4,274

2,526

Revenue Taxes

879

1.171

Revenue of the Year (Loss)

three.395

1.355

of which

3.248

3,248

1.379

from third parties

147

(24)

CONSOLIDATED FINANCIAL STATEMENTS

(values ​​expressed in & # 39; 00zero euros)

KEY ASSETS

Property, plant and gear

1,064

757

Goodwill

31,748

11,500

Intangible belongings with a finite helpful life

1,444

1,008

Long-term financial belongings

1.335

19659077] 8 Deferred tax belongings

977

678

Other receivables and non-current belongings

149

114

TOTAL ASSETS



14,065

SUSTAINABLE ASSETS

Warehouses

251

251

Business credit

32,632

32,632

leasing of monetary belongings

82

zero

Tax credits

2,431

370

Other current belongings

4,304

2,449

Cash

10,098

DETAILED MATERIALS

49,798

44,736