21.11.2019 NFON AG  DE000A0N4N52

DGAP-News: NFON AG: NFON AG confirms preliminary figures for the first 9 months of 2019


 

DGAP-News: NFON AG / Key word(s): 9 Month figures/9 Month figures
NFON AG: NFON AG confirms preliminary figures for the first 9 months of 2019
21.11.2019 / 07:00
The issuer is solely responsible for the content of this announcement.


Corporate News

NFON AG confirms preliminary figures for the first 9 months of 2019

- Number of seats increased by 41% to 431,935

- Recurring revenues rose by 39% compared to the previous year's period

- Share of recurring revenues increased to 85%

- Total revenues of EUR 41.5 million in the first nine months

- ARPU development remains stable in the reporting period

- Europe-wide partner network has grown to over 2,500 partners

Munich, November 21, 2019 - NFON AG (together with its subsidiaries "NFON" or the "Company"), the only pan-European cloud PBX provider (telephone system from the cloud), has published its quarterly release for the first nine months of 2019 and confirms its preliminary figures. Accordingly, the company generated total revenue of EUR 41.5 million in the reporting period in 2019 (9M 2018: EUR 31.3 million). In the third quarter of 2019, revenue increased by 42% to EUR 15.1 million compared to EUR 10.6 million in the third quarter of 2018. At around 39%, recurring revenues increased to EUR 35.0 million; this equates to a very high share of 85% of total revenues. In the first nine months of 2019, NFON also recorded an overall stable development of average revenue per customer (ARPU). By posting an increase of 41%, the number of customer-operated seats also increased significantly (9M 2019: 431,935 seats / 9M 2018: 305,616 seats).

Hans Szymanski, CEO & CFO of NFON AG: "In the first nine months, we accelerated our growth compared to the previous year. At the same time, we reached important milestones in implementing our growth strategy. Since the beginning of the year, for example, we have successfully acquired and continuing integrated Deutsche Telefon Standard, opened our offices in Italy and France, and expanded our scope for M&A activities by gaining the support of AOC. We also introduced the new products NCTI Pro and Nvoice for Microsoft Teams at the end of October. In view of the very positive conditions in the telecommunications market - the old ISDN world will be a thing of the past in the foreseeable future - we are convinced that we will continue to grow dynamically in the future."

For 2019 as a whole, NFON AG is planning seat growth of between 39% and 41%, which equates to an increase in recurring revenues of between 38% and 40% and a share of recurring revenues in total revenues of between 80% and 85%. This would mean total revenue growth of between 30% and 33%.

Overview of the key figures for the first nine months of 2019:

EUR million 9M 2019 9M 2018 Change in % Q3 2019 Q3 2018 Change in %
Total revenue 41.5 31.3 32.7 15.1 10.6 42.4
Recurring revenues 35.0 25.3 84.5 12.6 8.8 43.4
Share of recurring revenues in total revenues 84.5% 80.9%   83.4% 82.8%  
Non-recurring revenues 6.4 6.0 7.5 2.5 1.8 37.5
Share of non-recurring revenues in total revenues 15.5% 19.1%   16.6% 17.2%  
ARPU blended (EUR)1 9.71 9.96 -2.5      
Seats (number) 431,935 305,616 41.3      
EBITDA -5.6 -6.5 n/a -1.8 0.0 n/a
Adjusted EBITDA2 -4.2 0.0 n/a -1.5 -0.1 n/a
 

1 ARPU is calculated by dividing the average recurring revenue per month from seats and SIP trunks by the recurring revenue per month from SIP trunk license fees in relation to the average number of seats per month.
2 Adjusted for IPO costs (9M 2018), retention bonus (excluding Q3 2018), stock options (9M and Q3 2019) and share-based payments (9M and Q3 2018)

 

Investor Relations Contact

NFON AG
Sabina Prüser
Head of Investor Relations
+49 89 45300 134
sabina.prueser@nfon.com

Media Contact

NFON AG
Thorsten Wehner
Vice President Public Relations
+49 89 45300 121
thorsten.wehner@nfon.com

About NFON AG

Headquartered in Munich, NFON AG is the only pan-European cloud PBX provider - counting more than 30,000 companies across 15 European countries as its customers. With Cloudya, NFON offers an easy-to-use, independent and reliable solution for advanced cloud business communications. Further premium and industry solutions complete the portfolio in the field of cloud communications. With our intuitive communications solutions, we enable European companies to improve their work a little, every single day. NFON is the new freedom in business communication. https://corporate.nfon.com/de/

Disclaimer

This announcement is not an offer of securities for sale in the United States of America. The securities of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act. No public offering of securities of the Company is being made in the United States of America and the information contained herein does not constitute an offering of securities for sale in the United States of America, Canada, Australia, Japan or any other jurisdiction in which such offering would be unlawful. This announcement is not for release, publication or distribution directly or indirectly in or into the United States of America, Australia, Canada, Japan or any other jurisdiction in which the distribution or release would be unlawful or to U.S. persons.

 



21.11.2019 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.

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Language: English
Company: NFON AG
Machtlfinger Straße 7
81379 Munich
Germany
Phone: +49 89 453 00 0
E-mail: info@nfon.com
Internet: www.nfon.com
ISIN: DE000A0N4N52
WKN: A0N4N5
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 918149

 
End of News DGAP News Service

918149  21.11.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2012 2013 2014 2015 2016 2017 2018 2019e
Umsatzerlöse1 0,00 0,00 0,00 20,95 30,39 35,65 43,03 56,40
EBITDA1,2 0,00 0,00 0,00 -5,61 -0,72 -1,03 -7,78 -8,90
EBITDA-Marge3 0,00 0,00 0,00 -26,78 -2,37 -2,89 -18,08 -15,78
EBIT1,4 0,00 0,00 0,00 -6,02 -1,26 -1,70 -8,47 -9,60
EBIT-Marge5 0,00 0,00 0,00 -28,74 -4,15 -4,77 -19,68 -17,02
Jahresüberschuss1 0,00 0,00 0,00 -6,05 -1,55 -2,02 -8,11 -9,40
Netto-Marge6 0,00 0,00 0,00 -28,88 -5,10 -5,67 -18,85 -16,67
Cashflow1,7 0,00 0,00 0,00 -4,14 -1,54 -0,34 -4,96 -6,20
Ergebnis je Aktie8 0,00 0,00 0,00 0.47 -0,12 -0,16 -0,76 -0,63
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2018 - 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: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
NFON
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0N4N5 9,850 Halten 148,30
KGV 2020e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 11,35 0,000 -38,46
KBV KCV KUV EV/EBITDA
3,86 - 3,45 -17,309
Dividende '18 in € Dividende '19e in € Div.-Rendite '18
in %
Hauptversammlung
0,00 0,00 0,00 05.06.2019
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
21.05.2019 23.08.2019 21.11.2019 11.04.2019
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-2,03% -7,36% 9,81% -6,15%
    
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