Delticom AG

DEX

Equity

ISIN DE0005146807 / Valor 2754216

Xetra (2024-12-23)

EUR 2.16+1.89%

Delticom AG
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Delticom AG is a leading e-commerce company specializing in the online retailing of tires and automotive products. With over 20 years of experience, the company operates more than 300 online shops and distribution platforms in over 70 countries worldwide, primarily in Europe. Delticom has built up expertise in setting up and operating online shops, acquiring customers online, online marketing, and developing partner networks and logistics processes. The company offers a wide range of products, including over 600 tire brands and around 18,000 tire models, catering to both private and business customers. Delticom's commitment to steady growth in online retailing and digitalization has made it Europe's largest online tire retailer, serving more than 17 million satisfied customers globally.

Summarized from source with an LLMView SourceSector: Non-Energy Materials

Revenue Decline

In the first half of 2023, Delticom AG reported revenues of €198 million, marking a 10.0% decrease compared to €220 million in H1 2022. This decline is primarily attributed to a reclassification of revenues due to the introduction of platform business, which shifted some shop revenues to commission contributions.

Gross Merchandise Volume

Delticom AG's gross merchandise volume for H1 2023 amounted to €243.7 million, a slight decrease of 3.8% from €253.3 million in H1 2022. This reduction reflects the overall market conditions and the company's strategic shift towards platform business.

Net Income

For the first half of 2023, Delticom AG's net income was €1.5 million, a significant drop of 45.7% compared to €2.8 million in H1 2022. This decline in net income is indicative of the challenging market environment and the impact of the company's strategic changes.

EBITDA Performance

Delticom AG's EBITDA for H1 2023 stood at €6.8 million, down 23.5% from €8.9 million in H1 2022. The EBITDA margin also decreased to 3.4% from 4.0% in the previous year, reflecting the company's operational challenges and market conditions.

Regional Revenue Split

In H1 2023, Delticom AG generated €164 million in revenues from EU countries, a 9.0% decrease from €180 million in H1 2022. Revenues from non-EU countries also saw a decline, totaling €33 million, down 14.8% from €39 million in the same period last year.

Summarized from source with an LLMView Source

Key figures

3.35%1Y

-68.0%3Y

-48.6%5Y

Performance

62.5%1Y

60.9%3Y

68.8%5Y

Volatility