beaconsmind Ltd

81D

Equity

ISIN CH0451123589 / Valor 45112358

Xetra (2024-09-18)

EUR 5.40%

beaconsmind Ltd
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About company

beaconsmind Ltd, headquartered in Stäfa, Switzerland, with additional offices in Munich, Germany, and Dubai, UAE, specializes in providing location-based marketing and analytics solutions to the retail sector. The company's flagship offering, the beaconsmind® software Suite, integrates with Bluetooth iBeacons installed at points-of-sale to enable retailers to enhance the shopping experience by merging digital and physical shopping environments, thereby creating a seamless customer journey. This technology allows retailers to deliver targeted marketing messages and gather valuable analytics on customer behavior within physical stores. Since its inception, beaconsmind has been recognized for its innovative solutions, receiving awards such as Best Enterprise Solution in 2016 and Best-In-Store Solution and Top Retail Supplier in 2017 by Reta Europe, alongside sponsorship from the Microsoft BizSpark Plus Program. The company serves a diverse international client base across various industries, including retail, wholesale, food service, and finance, and is listed on both the Frankfurt Stock Exchange and Euronext Access Paris.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

In the first half of 2023, beaconsmind Ltd reported a significant increase in net revenue, reaching CHF 2,664,448. This marks a notable improvement from the CHF 1,987,242 recorded in the full year of 2022. The revenue growth is attributed to the strategic acquisitions and expansion of their service offerings.

EBITDA Improvement

beaconsmind Ltd's EBITDA for the first half of 2023 showed a substantial improvement, recording a negative CHF 524,234 compared to a negative CHF 2,246,298 for the full year of 2022. This improvement reflects the company's efforts in cost management and operational efficiencies following recent acquisitions.

Net Income

For the first half of 2023, beaconsmind Ltd reported a net loss of CHF 992,260. This is a significant reduction from the net loss of CHF 2,506,427 reported for the full year of 2022. The reduction in net loss indicates the positive impact of the company's strategic initiatives and acquisitions.

Acquisitions Impact

The acquisitions of Frederix, Netopsie, and Socialwave have been pivotal for beaconsmind Ltd in the first half of 2023. These acquisitions have not only expanded the company's customer base but also enhanced its service offerings, contributing to the overall financial performance and future growth prospects.

Financial Outlook

Looking ahead, beaconsmind Ltd is optimistic about its financial outlook for the remainder of 2023. The company expects to continue benefiting from the synergies of its recent acquisitions and aims to further improve its revenue and profitability through strategic expansions and enhanced service offerings.

Summarized from source with an LLMView Source

Key figures

3.85%1Y

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Performance

92.4%1Y

85.8%3Y

85.8%5Y

Volatility