JDC Group AG

JDC

Equity

ISIN DE000A0B9N37 / Valor 2351305

Xetra (2024-09-18)

EUR 23.60+1.29%

JDC Group AG
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About company

JDC Group AG, through its subsidiaries FiNUM.Private Finance AG and FiNUM.Finanzhaus AG, operates as an independent financial and asset manager advisor catering to sophisticated, high net worth clients in Germany and Austria. With a network of around 230 brokers, the company offers advice across various asset classes and generates commission income exceeding Euro 25 million. JDC Group is actively developing technology-based tools to enhance its sales activities and is involved in strategic investments in financial technology and advisory technology companies. In addition to its traditional Advisory segment, the company markets financial products to private clients through independent advisors, brokers, and financial sales operations. Ralph Konrad, a seasoned professional with over 20 years of experience in the private equity industry, has been a key member of the JDC Group Management Board since 2005, contributing to the company's growth through IPOs, mergers, acquisitions, and restructuring projects.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

In the first quarter of 2023, JDC Group AG reported a significant increase in revenues, reaching EUR 171.714 million, up from EUR 156.080 million in the same period of the previous year. This represents a year-on-year growth of 10.0%, driven primarily by the strong performance of the Advisortech segment.

Segment Performance

The Advisortech segment of JDC Group AG saw a notable revenue increase of 13.5%, amounting to EUR 150.850 million in Q1 2023 compared to EUR 132.854 million in Q1 2022. Conversely, the Advisory segment experienced a slight decline, with revenues decreasing by 4.3% to EUR 33.220 million.

Profitability Improvement

JDC Group AG's operational earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 30.8% in the first quarter of 2023, reaching EUR 11.726 million, compared to EUR 8.966 million in the same quarter of the previous year. This improvement reflects the company's enhanced operational efficiency and cost management.

Net Income Surge

For Q1 2023, JDC Group AG reported a substantial increase in net income, which soared to EUR 3.832 million from EUR 939 thousand in Q1 2022. This remarkable growth of over 100% underscores the company's successful strategies in boosting profitability.

Equity and Equity Ratio

JDC Group AG's equity also saw a significant rise, reaching EUR 52.805 million in the first quarter of 2023, up from EUR 36.971 million in the same period of the previous year. The equity ratio improved to 37.2%, compared to 32.7% in Q1 2022, indicating a stronger financial position and stability.

Summarized from source with an LLMView Source

Key figures

34.1%1Y

21.6%3Y

314%5Y

Performance

32.7%1Y

41.4%3Y

44.8%5Y

Volatility