29.04.2019 UniDevice AG  DE000A11QLU3

DGAP-News: UniDevice AG continues to grow in Q1 2019: Sales +42%, net profit +163%, raised outlook 2019


 

DGAP-News: UniDevice AG / Key word(s): Quarter Results/Change in Forecast
UniDevice AG continues to grow in Q1 2019: Sales +42%, net profit +163%, raised outlook 2019 (news with additional features)

29.04.2019 / 09:00
The issuer is solely responsible for the content of this announcement.


Investor News

UniDevice AG
Mittelstraße 7
12529 Schönefeld
Tel.: (030) 55 57 25 78
[email protected]
 

April 29, 2019

UniDevice AG continues to grow in Q1 2019:
Sales +42%, net profit +163%, raised outlook 2019

- Broker for communications and consumer electronics benefits from strong market position

- First quarter 2019 (preliminary): Sales EURm 101, gross profit EURm 1.47 (+56%),

EBIT EURm 0.92 (+131%), net profit EURm 0.58 (+163%)

- Outlook raised for 2019: Sales and EBIT to increase to more than EURm 400 and EURm 3 respectively

Schönefeld, 04/29/2019 - UniDevice AG (ISIN: DE000A11QLU3) announces that it has continued its profitable growth track in Q1 2019 according to preliminary calculations. The broker for communication and entertainment electronics with a focus on high-priced smartphones from leading manufacturers such as Apple and Samsung increased revenues last quarter by 42% from EUR 71.24 million to EUR 101.07 million. At all levels, profit increased disproportionately to revenues. UniDevice is the first company in Germany to specialize in the international B2B brokerage of communication and entertainment electronics and benefits from its strong market position. Sales are expected to increase to more than EUR 410 million in 2019 - with a rising margin.

The first quarter 2019 in detail
In the first quarter 2019, UniDevice's gross profit increased by 56% to EUR 1.47 million. On the earnings side, the company benefits from economies of scale. Earnings before interest and taxes (EBIT) increased by 131% to EUR 0.92 million and net profit by 163% to EUR 0.58 million. This corresponds to earnings per share of EUR 0.0389 (annualized: EUR 0.1556). Xetra closing price on April 26, 2019: EUR 1.57.

Dynamic start into 2019 and raised outlook 2019
"Having achieved the highest monthly turnover in the company's history in November 2018 at EUR 39 million, we have also made a very dynamic start into the current year with an average monthly turnover of EUR 33.7 million in the first quarter 2019," says UniDevice CEO Dr. Christian Pahl.

"UniDevice benefits from industry growth and increases its own market share in communications and consumer electronics. Telephone companies and B2C retailers are increasingly using supply chain optimization through UniDevice's international B2B brokerage. The increase in market penetration is achieved independently of the sales development of individual smartphone manufacturers. Our business model as a broker is marked by significantly lower risks due to the fast stock turnover in an average of 5 days and immediate payment by the customers than with a traditional wholesaler."

UniDevice intends to continue its growth course. In the current year, the revenue growth should be at least 26% and more than EUR 400 million redeemed. As the necessary capacities are already in place, UniDevice can exploit economies of scale and improve margins at all levels. Accordingly, EBIT should increase disproportionately more than 60% to more than EUR 3.0 million in 2019.

About UniDevice AG
UniDevice AG (DE000A11QLU3) is an international B2B broker for communication and entertainment electronics with a focus on high-priced smartphones from leading manufacturers such as Apple and Samsung. In this market, the Berlin-based company is the first in Germany to specialize in optimizing the supply chain of its customers. Its customers include mobile service providers as well as wholesalers and retailers. Risks are minimized by fast stock turnover and immediate payment. UniDevice is growing strongly and in 2018 increased sales by 38% to EUR 317 million and operating profit (EBIT) by 63% to EUR 1.84 million. The company has been listed on the stock exchange since March 2018.


Additional features:

Document: http://n.eqs.com/c/fncls.ssp?u=SPCGLOIBGG
Document title: UniDevice AG sales growth and profit growth


29.04.2019 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.
Archive at www.dgap.de


Language: English
Company: UniDevice AG
Mittelstrasse 7
12529 Schönefeld
Germany
Phone: 030 63415600
E-mail: [email protected]
Internet: www.unidevice.de
ISIN: DE000A11QLU3
WKN: A11QLU
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich
EQS News ID: 804275

 
End of News DGAP News Service

804275  29.04.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 229,23 317,31 358,53 404,81 348,03 460,52 436,18
EBITDA1,2 1,15 1,86 3,93 5,35 4,16 5,80 0,00
EBITDA-Marge3 0,50 0,59 1,10 1,32 1,20 1,26
EBIT1,4 1,13 1,84 3,48 5,13 3,08 4,71 0,00
EBIT-Marge5 0,49 0,58 0,97 1,27 0,89 1,02 0,00
Jahresüberschuss1 0,60 0,99 2,21 3,51 1,72 2,90 1,60
Netto-Marge6 0,26 0,31 0,62 0,87 0,49 0,63 0,37
Cashflow1,7 -0,04 -2,76 1,10 -4,52 -1,88 5,83 0,00
Ergebnis je Aktie8 0,04 0,07 0,15 0,23 0,11 0,19 0,11
Dividende8 0,00 0,00 0,07 0,12 0,07 0,12 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Harry Haseloff

INVESTOR-INFORMATIONEN
©boersengefluester.de
UniDevice
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A11QLU 1,080 16,25
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
9,00 12,39 0,73 8,93
KBV KCV KUV EV/EBITDA
32,51 2,79 0,04 4,58
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,12 0,00 0,00 11.07.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
24.04.2024 15.07.2024 16.10.2024 24.05.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-2,61% -3,66% -4,85% -15,29%
    
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Handel , A11QLU , UDC , XETR:UDC