Youngtimers Ltd

YTME

Equity

ISIN CH0006326851 / Valor 632685

SIX Swiss Exchange (2024-09-16)

CHF 0.70%

Youngtimers Ltd
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About company

Youngtimers Ltd is a principal investment firm with a focus on the international media, e-commerce, and lifestyle goods sectors. The company has a history of engaging in tactical investments and has successfully exited several ventures over the years. Notable exits include investments in Facebank in 2019, Pininfarina in 2021, and a series of exits in 2022 and 2023, such as Alti Exchange, Petrolicious, Garage Italia, Talenthouse, and ASBIS. This track record highlights Youngtimers Ltd's strategic approach to investing in and divesting from companies within its areas of focus, demonstrating its active role in the investment landscape.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Youngtimers Ltd reported a significant increase in revenue for the first half of 2023, reaching CHF 793,224 compared to CHF 723 in the same period of 2022. This substantial growth highlights the company's successful strategies in expanding its market presence and improving sales performance.

Operating Expenses

For the six months ending June 30, 2023, Youngtimers Ltd's total operating expenses amounted to CHF 2,546,439. This includes costs of material, personnel expenses, and other operating expenses, reflecting the company's ongoing investments in operational efficiency and workforce expansion.

Net Profit

Youngtimers Ltd achieved a net profit of CHF 250,229 for the first half of 2023, a notable improvement from the net loss of CHF 593,832 recorded in the same period of 2022. This turnaround is attributed to increased revenue and effective cost management strategies implemented by the company.

Financial Position

As of June 30, 2023, Youngtimers Ltd's total assets stood at CHF 11,309,047, slightly down from CHF 11,387,999 as of December 31, 2022. The company's equity also saw an increase, reaching CHF 11,196,957, indicating a stable financial position and strong shareholder confidence.

Outlook for Second Half of 2023

Youngtimers Ltd is in advanced discussions to acquire three well-established, revenue-generating private companies. The company has secured the necessary financial means to complete these acquisitions, which are expected to enhance its market position and drive future growth, despite the uncertain economic outlook in Europe.

Summarized from source with an LLMView Source

Key figures

-18.6%1Y

-41.7%3Y

-23.1%5Y

Performance

264%1Y

227%3Y

302%5Y

Volatility