- Total output more than doubled to 13.8 million euros
- EBITDA rises to 1.6 million euros
- EBITDA forecast for the year increased to more than 5 million euros, sales to more than 54 million euros expected
audius SE got off to a very good start in 2021 and was able to significantly increase all financial key figures, compared to previous years first quarter. According to unaudited figures the total output has doubled to more than 13.8 million euros (total output Q1 2020: 6.4 million euros).
The operating result EBITDA increased disproportionately by around 220% compared to the previous year with 1.6 million euros (EBITDA Q1 2020: 0.5 million euros). While the EBITDA margin in the first quarter was 8.3%, the company was able to achieve a value of 11.6%. This shows the significantly increased efficiency in the newly formed group of companies as well as the strong utilization of all business areas. Due to increased goodwill amortization, EBIT was 1.3 million euros (EBIT Q1 2020: 0.5 million euros).
Furthermore, order backlog as of 31st March 2021, further increased to around 30.0 million euros (previous year: 16.0 million euros).
In view of the very good first quarter and a continued good order situation for the coming months, the company has increased its forecast for the full-year result. The executive board expects an EBITDA of more than 5 million euros (previously: more than 4 million euros). A turnover is now expected to be more than 54 million euros (previously: more than 50 million euros).
Founded in 1991, audius SE is a globally active IT company. From network technology to specific software applications, the group of companies offers the right solutions for public clients, medium-sized companies and internationally active corporations. With support of 350,000 IT workstations worldwide, the approximately 500 employees at 17 locations - 14 of which are in Germany - focus on the use of future-oriented technologies and best practices. Another business area is dealing with network infrastructures, particularly the development and expansion of 5G networks. The group's customers include global corporations as well as medium-sized companies. The strategic goal is to grow, both organically and through acquisitions. The shares of audius SE are listed on the Basic Board of the Frankfurt Stock Exchange and in the m:access segment of the Munich Stock Exchange.
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