Sales have risen to EUR 42.62 million (previous year: EUR 13.60 million)
EBITDA has improved to TEUR 253 (previous year: minus TEUR 360)
Outlook for 2013 confirmed: significant increase in sales to EUR 130 million and positive EBITDA expected
Munich, 26 September 2013 – Ecommerce Alliance AG, which is listed on the Entry Standard of the Frankfurt Stock Exchange (ISIN DE000A1C9YW6 / WKN A1C9YW) generated consolidated sales of EUR 42.62 million in the first half of 2013 (previous year: EUR 13.60 million). The increase in sales of EUR 29.02 million is mainly due to the initial consolidation of the wap-telecom Group as at 1 March 2013.
Consolidated gross profit rose in the first half of the year by around 28 per cent to EUR 6.82 million (previous year: EUR 5.32 million). The EBITDA improved compared to the same period of the previous year to TEUR 253. In the first half of 2012 a minus of TEUR 360 was recorded. The Group generated earnings before interest and taxes (EBIT) of minus TEUR 169 in the first six months of the current financial year (previous year: minus TEUR 667). Earnings before taxes (EBT) totalled TEUR 1,037 in the period under review (previous year: minus TEUR 936). The EBT was positively influenced by earnings from associated companies totalling TEUR 1,303 TEUR, which was primarily due to the one-time effect of the deconsolidation of Experience Media GmbH. The Group closed the first half of the financial year 2013 with a profit of TEUR 838 (previous year: minus TEUR 1,022). This resulted in an earnings per share of EUR 0.38 following minus EUR 0.66 in the previous year.
As at 30 June 2013 the Group reported equity of EUR 18.45 million (31 December 2012: EUR 10.43 million). The equity ratio at the end of the first half of 2013 was around 61 per cent following 62 per cent at the end of 2012.
Daniel Wild, CEO of Ecommerce Alliance AG: “With the acquisition of the majority shareholding in the wap-telecom Group and the associated entry into the smartphone and tablet market, we have fundamentally repositioned ourselves in the first half of 2013. We have added an important core business, Mobile, to our existing two divisions, Services and Brands, and are investing here in light of the increasing number of internet-savvy smartphone customers and the increasing attractiveness of mobile communication in a sustainable growth market. Now we need to exploit this potential in the next few years.”
For 2013 as a whole the Management Board of Ecommerce Alliance AG is expecting sales to increase to around EUR 130 million and a significant additional boost in operating earnings thanks to the holiday season in Q4.
