EXASOL AG

EXL

Equity

ISIN DE000A0LR9G9 / Valor 47180404

Xetra (2024-11-22)

EUR 2.14+5.94%

EXASOL AG
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About company

EXASOL AG is a leading provider of analytics database solutions, offering businesses increased productivity, cost-savings, and flexibility without compromising on quality. Their dedicated team is focused on redefining how businesses use data, allowing them to act on real-time insights to drive competitive advantage. The company's no-compromise approach sets them apart in the industry, providing a reliable and efficient database solution for businesses looking to optimize their data analytics capabilities.

Summarized from source with an LLMView SourceSector: Technology

Annualized Recurring Revenue (ARR)

EXASOL AG reported an 11.8% increase in Annualized Recurring Revenue (ARR) for the first half of 2024, reaching EUR 39.7 million as of June 30, 2024, compared to EUR 35.5 million on June 30, 2023.

Group Revenue

In the first half of 2024, EXASOL AG's group revenue rose by 9.3% year-on-year, amounting to EUR 19.4 million, up from EUR 17.8 million in the same period of 2023.

Operating Result (EBITDA)

EXASOL AG's operating result (EBITDA) showed significant improvement, reaching EUR 0.7 million in the first half of 2024, compared to a loss of EUR -3.4 million in the first half of 2023.

Cash and Cash Equivalents

As of June 30, 2024, EXASOL AG reported cash and cash equivalents of EUR 19.7 million, a notable increase from EUR 13.3 million as of December 31, 2023.

Outlook for 2024

EXASOL AG has confirmed its outlook for the 2024 financial year, expecting ARR to increase by up to 10% year-on-year and consolidated revenue to grow by 10-15%, with a positive operating result (EBITDA) anticipated for the year.

Summarized from source with an LLMView Source

Key figures

-17.7%1Y

-69.2%3Y

%5Y

Performance

56.4%1Y

59.1%3Y

57.3%5Y

Volatility