<

WALLSTREET:ONLINE AG (FRA:WSO) wallstreet:online AG: Preliminary results for fiscal 2021 and forecast for 2022

Transparency directive : regulatory news

07/03/2022 13:06

DGAP-Ad-hoc: wallstreet:online AG / Key word(s): Annual Report/Development of Sales
wallstreet:online AG: Preliminary results for fiscal 2021 and forecast for 2022

07-March-2022 / 13:06 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Preliminary results for fiscal 2021 and forecast for 2022

Disclosure of an inside information acc. to Article 17 of Regulation (EU) No 596/2014 (MAR)
 

Berlin, 7 March 2022

wallstreet:online AG ("wallstreet:online", the "Company" or the "Group", ISIN: DE000A2GS609) today announces its preliminary results for the 2021 fiscal year as well as its forecast for 2022.

Based on preliminary and unaudited figures, the Group achieved consolidated revenues of approx. €51.4 million in 2021. The consolidated operating EBITDA* is expected to amount to approx. €4.4 million. The result was largely influenced by investing approx. €13.1 million into new client acquisition for Smartbroker. The operating EBITDA* before customer acquisition costs will thus be approximately €17.5 million.

According to preliminary figures, the Company will thus exceed its revenue forecast of €45 to €50 million. The operating EBITDA* is in line with the forecast.

The audited single-entity and consolidated financial statements for fiscal 2021 in accordance with German GAAP (HGB - German Commercial Code) are expected to be published in May 2022 at www.wallstreet-online.ag

For fiscal 2022, wallstreet:online AG plans to generate consolidated revenues in the range of €62 to €67 million and a consolidated operating EBITDA in the amount of €10 to €12 million. The significant investment into the growth of Smartbroker will continue. The costs of acquiring new customers at Smartbroker are expected to be around €6 million, bringing the operating EBITDA* before client acquisition costs to between €16 and €18 million.

* Operating EBITDA is calculated as follows: earnings before taxes, interest and depreciation before extraordinary items amounting to -€0.5 million for costs in connection with the capital increase.

Notifying person: Matthias Hach, CEO


07-March-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: wallstreet:online AG
Seydelstraße 18
10117 Berlin
Germany
Phone: +49 (0) 30 2 04 56 382
Fax: +49 (0)30 20 456 500
E-mail: ir@wallstreet-online.de
Internet: www.wallstreet-online.ag
ISIN: DE000A2GS609
WKN: A2GS60
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1296125

 
End of Announcement DGAP News Service

1296125  07-March-2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1296125&application_name=news&site_id=symex


Other stories

25/04/2024 17:07
25/04/2024 17:50
25/04/2024 12:20
25/04/2024 19:10
25/04/2024 17:33
25/04/2024 18:05
25/04/2024 19:30
25/04/2024 16:56
25/04/2024 16:56
25/04/2024 13:06
25/04/2024 13:03
25/04/2024 20:00
25/04/2024 17:46
24/04/2024 23:16
25/04/2024 15:44
25/04/2024 13:54
25/04/2024 15:42
25/04/2024 19:30
25/04/2024 19:19
25/04/2024 08:13
25/04/2024 17:14
24/04/2024 10:00
25/04/2024 17:53
25/04/2024 20:00
25/04/2024 20:51
25/04/2024 16:00
25/04/2024 21:01
25/04/2024 20:17
25/04/2024 14:34
25/04/2024 17:00
25/04/2024 14:18
25/04/2024 15:07
25/04/2024 16:15
25/04/2024 14:40
24/04/2024 17:35
25/04/2024 06:00
25/04/2024 14:52
25/04/2024 18:42