27.12.2016 MyBucks S.A.  LU1404975507

DGAP-News: MyBucks S.A.: MyBucks releases primary figures for financial year ended 30 June 2016

DGAP-News: MyBucks S.A. / Key word(s): Results Forecast MyBucks S.A.: MyBucks releases primary figures for financial year ended 30 June 2016 27.12.2016 / 07:50 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Media Release: MyBucks releases primary figures for financial year ended 30 June 2016. - Annual results show an adjusted profit before taxes and one-off charges of EUR 3 million. - Management expects very strong growth in revenues and earnings for the current financial year ending June 2017 Luxembourg 27 December 2016 - Frankfurt-listed FinTech, MyBucks S.A. (the "Company") today released preliminary figures for its business development in the financial year ended 30 June 2016. During this period, disbursements grew by EUR 13.2 million or c. 20%, from EUR 64.7 million to a EUR 77.9 million. Revenues increased by EUR 7.6 million from EUR 31.2 million to to EUR 38.9 million, recording a 24% growth. This growth has been achieved despite negative impact by the deterioration of certain African currencies, which have seen a slight recovery post year-end. In constant currency terms, revenue and operating profit would have been c. 20% higher than they are recorded in the annual financial statements. In the current financial year ending 30 June 2017, the Company has recorded disbursements of EUR 12.9 million in November alone, a year-on-year increase of 96%, leaving the Company on-track to significant increase its growth for the financial period ending 30 June 2017. Dave van Niekerk, CEO of MyBucks says, "Looking forward, currency risks are now better hedged after the acquisition of the Opportunity Bank network which allows MyBucks to get funding in local currencies via retail deposits. Via this acquisition, MyBucks has acquired two banking licenses in Mozambique and Uganda and expanded its operations into three additional territories, namely Mozambique, Uganda and Tanzania, with two more deposit taking institutions pending regulatory approval in Ghana and Malawi." Consolidating the Opportunity Banks, for which regulatory approval was received after year-end, the pro forma combined loan book would have been in excess of EUR 60 million. In preparation of the planned acquisitions and integrating the four banks into its stable, the Company started building capacity on a head-office level bringing on board senior executives to prepare for growth. As a result the operating margin reduced to c. 29% during the second half of the year coming from c. 37% for the prior year. Van Niekerk says that MyBucks has achieved significant milestones during the financial year ended 30 June 2016, most notably its successful listing on the Frankfurt Stock Exchange in June 2016 and the agreement to acquire the Opportunity Banks in October 2015. "We have built a solid foundation, geared up for the next growth phase, while still growing our revenues and maintaining our default rate below 8%. MyBucks will leverage the built infrastructure to significant increase its operating leverage during the financial year ending 30 June 2017. Based on year-to-date results, management is very confident that the current financial year will be a very strong one with significant growth both in revenues and earnings." Furthermore, apart from the incremental capacity built, the results were negatively impacted by one-off charges related to consultancy, legal and audit (EUR 1.5 million), increased impairments as a result of additional write-offs and the group-wide implementation of a more stringent provisioning model (EUR 2.0 million) and changes in the taxation regime in one of the African subsidiaries (EUR 0.6 million). Due to the timing of the IPO, MyBucks also incurred higher financing costs including funding origination costs of EUR 0.8 million during the financial year ended 30 June 2016. Finance costs went-up by c. EUR 5.2 million for the financial year vis-à-vis prior year. However, with the acquired banks and the announced funding facility of the German FinTech Group, the Company has made successful strides towards reducing its cost of funding significantly going forward. As a result, the Company recorded a pre-tax profit (EBT) of EUR1.0 million with an after-tax loss of c. EUR 0.6 million. The Company suffered from extraordinary taxes in the year ended 30 June 2016, as a deferred tax asset of EUR 0.9 million could not be recognized on the balance sheet for the year ended 30 June 2016 based on IFRS recognition criteria - however, management expects to be able to recognize future benefits from the underlying losses carry-forward and record benefits correspondingly." van Niekerk explained. Without those one-off charges, the pre-tax profit in the financial year ended 30 June 2016 would have been in excess of EUR 3 million. MyBucks will publish the annual financial statements by the end of January 2017. Upon release of the financial statements, MyBucks will invite for its Annual General Meeting. About MyBucks MyBucks S.A. (WKN: A2AJLT, ISIN: LU1404975507, Ticker Symbol: MBC: GR) is a FinTech company based in Luxembourg that delivers seamless financial services through technology. Through its brands GetBucks, GetBanked and GetSure the company offers unsecured consumer loans, banking solutions as well as insurance products to customers. MyBucks has experienced exponential growth since its inception in 2011 and today has operations in twelve African and two European countries. MyBucks aims to ensure that its product offering is accessible, simple and trustworthy, in comparison to traditional, non-technological methods, ultimately working towards enhancing the benefits to the customer. The MyBucks' product offering enables customers to manage their financial affairs easily and conveniently Discover more at www.mybucks.com --------------------------------------------------------------------------- 27.12.2016 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: MyBucks S.A. 14, rue Edward Steichen L-2540 Luxembourg Grand Duchy of Luxembourg Phone: +352 2088 2123 Fax: +27 86 537 2010 E-mail: info@mybucks.com Internet: www.mybucks.com ISIN: LU1404975507 WKN: A2AJLT Listed: Open Market (Entry Standard) in Frankfurt End of News DGAP News Service --------------------------------------------------------------------------- 532947 27.12.2016

Die wichtigsten Finanzdaten auf einen Blick
  2013 2014 2015 2016 2017 2018 2019e 2020e
Umsatzerlöse1 12,98 31,29 36,25 55,79 21,01 12,77 0,00 0,00
EBITDA1,2 4,56 11,14 11,08 13,93 -2,30 -21,98 0,00 0,00
EBITDA-Marge3 35,13 35,60 30,57 24,97 -10,95 -172,12 0,00 0,00
EBIT1,4 4,56 11,14 11,08 11,41 -2,30 -21,98 0,00 0,00
EBIT-Marge5 35,13 35,60 30,57 20,45 -10,95 -172,12 0,00 0,00
Jahresüberschuss1 2,18 3,34 -1,88 -13,04 -8,19 -36,11 0,00 0,00
Netto-Marge6 16,80 10,67 -5,19 -23,37 -38,98 -282,77 0,00 0,00
Cashflow1,7 -7,46 -16,95 -6,56 -28,34 -25,06 -27,25 0,00 0,00
Ergebnis je Aktie8 0,20 0,30 -6.45 -1,10 -0,59 -2,23 -0,35 -0,09
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: PricewaterhouseCoopers

WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2AJLT 0,428 32,80
KGV 2021e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 0,00 0,000 -0,41
-0,78 - 2,57 -1,492
Dividende '19 in € Dividende '20e in € Div.-Rendite '19e
in %
0,00 0,00 0,00 31.01.2020
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.05.2020 17.12.2019
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-12,80% -37,42% -47,55% -52,34%
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu MyBucks S.A.  ISIN: LU1404975507 können Sie bei DGAP abrufen