Solutiance AG

Latest Results (13.06.2024):

Revenue Growth

In the fiscal year 2021, Solutiance AG reported a notable increase in revenue, rising by 8.7% to €2.12 million from the previous year's €1.95 million. This growth was primarily driven by the company's core segment "Roof Management 4.0," which generated revenues of €1.79 million, up from €1.74 million in the prior year.

EBITDA Improvement

Despite challenging conditions, Solutiance AG saw an improvement in EBITDA in 2021, reducing losses to -€2.18 million from -€2.59 million in the previous year. This improvement was attributed to the still modest revenue base and investments in IT platform development and expansion.

Net Income Development

Solutiance AG also reported an improvement in net income for the fiscal year 2021, with losses decreasing to -€2.59 million from -€2.99 million in the previous year. This reflects the company's ongoing efforts to streamline operations and enhance its platform-based business model.

2022 Outlook Confirmation

Following the release of the half-year results in 2022, Solutiance AG confirmed its previously communicated guidance for the fiscal year 2022. The management expects revenue to reach €3.60 million and order intake to also hit €3.60 million, indicating a stable growth trajectory for the company.

Adjusted Forecasts for 2022 and Beyond

Given the slower-than-expected revenue growth, Solutiance AG has revised its revenue and earnings estimates downwards for 2022. The company now expects revenues of €3.42 million and an EBITDA loss of -€1.57 million for the year. For the following years, 2023 and 2024, the company projects revenues of €5.31 million and €7.95 million, respectively, with corresponding improvements in EBITDA, reflecting anticipated scale effects from the platform business model.