'- EBITDA nearly triples at € 1.76 million (year on year € 0.62 million)
- Earnings before Taxes of € 2.21 million (year on year € -13.05 million)
- Business units Services and Brands show solid growth and high synergy potential
Munich, May 23, 2016 – Ecommerce Alliance AG (ISIN DE000A12UK08), an entry standard listing at the Frankfurt stock exchange, presents a positive consolidated result for 2015. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased by more than 182 percent to € 1.76 million. Last year’s EBITDA had been € 0.62 million. Earnings per share rose to € 0.72 in comparison with last year’s € -5.34. With a consolidated net profit of € 1.78 million, Ecommerce Alliance AG has managed to return to profit in 2015, as planned. Last year’s results showed a loss of € 12.87 million after special effects. In 2015, both business units Brands and Services contributed significantly to an almost tripled positive operating result. Consolidated revenues of the reporting period reduced to € 50.7 million (year on year € 77.2 million) due to the reduced scope of consolidation compared to the previous year. The decline in sales is a result of the de-consolidation of wap-telecom GmbH during Fiscal Year 2015.
“Solid growth in the core business area and an ambitious efficiency and profitability improvement program have allowed us to achieve our objectives. Even more: We were able to nearly triple our profitability”, says Daniel Wild, CEO of Ecommerce Alliance AG. “This is an impressive testament for the success of our newly aligned business model.
As expected, the business units Services and Brands were able to increase revenues during the reporting period and perfectly complemented each other in their efforts. Overall, Services, comprising the currently five companies eMinded GmbH (online marketing agency), getonTV GmbH (TV marketing agency), XAD Service GmbH (information service provider focusing on TV2WEB Tracking), getlogics GmbH (fulfilment service provider focusing on e-commerce) and mailcommerce GmbH (email & social media marketing agency) map almost the entire e-commerce value-add chain. The Services segment is a key part of the Ecommerce Alliance group’s business model. Functional expertise and continuous cashflows allow an ongoing expansion of
e-commerce Brands, which is reflected in the increase of the operating result of 87 percent in the “Shirtinator” holding.
Due to increased cash and cash equivalents of € 4.8 million on the 2015 balance sheet date in comparison with € 3.6 million by December 31, 2014 and a significantly improved equity ratio of 78 percent (year on year 52 percent), Ecommerce Alliance will be able to follow its objectives with a solid starting point.
“The mix of business units which are positioned well in the market, minority holdings in innovative companies, and a solid capital base are a reliable foundation for the success of the group. We are looking forward to the new fiscal year with optimism and enthusiasm”, says Daniel Wild.
Due to the change in the scope of consolidated companies, the revenue target for the current fiscal year will be in the range of € 20 to € 24 million. It is important to note that the holdings in the now de-consolidated wap-telecom GmbH accounted for a share of € 29 million of total group revenues of fiscal year 2015. Based on the expected growth in the business units Services and Brands, the executive board expects further growth in the operating result.
The complete annual report 2015 is available for download at www.mountain-alliance.de.
