- Consolidated gross sales building up via 4.3% to new file of EUR 111.9 million
- Above-average expansion in SaaS earnings of eleven.5% to EUR 10.8 million
- Adjusted EBIT grows via 10.2% to EUR 10.2 million
- Web benefit up 23.2% to EUR 6.8 million
- Staff liquidity will increase via 31.4% to EUR 24.3 million
- Orders available climb via 6.5% to EUR 65.8 million
Möglingen, February 28, 2022. In keeping with the provisional figures revealed nowadays, USU Device AG (“USU”, ISIN DE000A0BVU28) loved the most productive fiscal 12 months in its historical past in 2021. USU and its subsidiaries (hereinafter known as “USU” or the “USU Staff”) greater their consolidated gross sales via 4.3% year-on-year to EUR 111.9 million (2020: EUR 107.3 million). The corporate benefited from above-average expansion in software-as-a-service (SaaS) earnings, which rose via 11.5% to EUR 10.8 million (2020: EUR 9.7 million). On the similar time, upkeep source of revenue climbed 4.0% year-on-year to EUR 23.7 million (2020: EUR 22.8 million). Accordingly, USU greater its habitual earnings (upkeep source of revenue plus SaaS earnings) via 6.3% when compared with the former 12 months to EUR 34.5 million (2020: EUR 32.5 million). With the digitalization pattern proceeding, USU’s consulting earnings additionally rose via 5.8% year-on-year to EUR 63.7 million in 2021 (2020: EUR 60.2 million). License earnings declined as anticipated in 2021 as USU transitions from non-recurring license trade to SaaS. Regardless of a large number of license orders from new and present shoppers, license earnings fell via 7.5% year-on-year to EUR 12.0 million in 2021 (2020: EUR 12.9 million).
The working price base of the USU Staff greater via simply 2.2% year-on-year to EUR 103.2 million in fiscal 2021 (2020: EUR 100.9 million). On account of the numerous enlargement in high-margin habitual earnings and the below-average building up in Staff bills, the reporting duration noticed the USU Staff considerably give a boost to its profitability when compared with the former 12 months. Adjusted EBIT rose via 10.2% year-on-year to EUR 10.2 million (2020: EUR 9.2 million).
On an unadjusted foundation, the corporate greater its EBITDA via 7.6% year-on-year to EUR 14.4 million (2020: EUR 13.4 million), whilst its EBIT rose via 37.7% year-on-year to EUR 9.7 million (2020: EUR 7.0 million).
Web finance prices amounted to EUR 0.1 million within the reporting 12 months (2020: EUR -0.2 million), in large part on account of trade fee results, whilst source of revenue taxes greater to EUR -3.0 million in the similar duration on account of the profits expansion and unintended effects from deferred taxes (2020: EUR -1.3 million). All in all, consolidated internet benefit stepped forward considerably via 23.2% to EUR 6.8 million in 2021 (2020: EUR 5.5 million). With a median of 10,523,770 stocks exceptional, this corresponds to profits in step with proportion of EUR 0.64 (2020: EUR 0.52).
On account of the sure construction in source of revenue, the USU Staff’s fairness climbed from EUR 61.8 million as of December 31, 2020 to EUR 64.4 million as of December 31, 2021. With overall property of EUR 116.0 million (December 31, 2020: EUR 115.5 million), the fairness ratio used to be 55.5% as at December 31, 2021 (December 31, 2020: 53.5%). At the again of the rise in income, the USU Staff’s liquidity rose to EUR 24.3 million (December 31, 2020: EUR 18.5 million). With this fairness ratio, intensive Staff liquidity, and no liabilities to banks, the USU Staff continues to have extraordinarily sound and safe financing.
The USU Staff’s overall orders available greater via 6.5% year-on-year to EUR 65.9 million on the finish of fiscal 2021 (December 31, 2020: EUR 61.9 million).
For 2022, the Control Board is forecasting gross sales expansion to EUR 120-125 million, with habitual earnings accounting for 45% of recent product trade. Accordingly, adjusted EBIT is predicted to extend to EUR 10.5-12 million. Following on from the forecast expansion in 2021, the Control Board may be confirming the present medium-term making plans, which contains common natural gross sales expansion of 10% in the following few years and, in view of the continuing expansion in SaaS trade, an building up within the working margin on adjusted EBIT to between 13% and 15% via 2024.
This press liberate is to be had at USU’s site.
USU Device AG
As a number one supplier of application and services and products for IT and customer support control, USU allows corporations to grasp the calls for of nowadays’s virtual global. World organizations use our answers to chop prices, turn into extra agile and scale back dangers – with smarter services and products, more effective workflows, and higher collaboration. With greater than 40 years of revel in and places international, the USU group brings shoppers into the longer term.
Along with USU GmbH, which used to be based in 1977, the subsidiaries USU Applied sciences GmbH, USU Answers GmbH, USU Answers Inc., USU GK, and USU SAS additionally belong to USU Device AG (ISIN DE 000A0BVU28), which is indexed within the High Same old of the German Inventory Alternate.
Additional knowledge: https://www.usu.com/en-us/
Touch
USU Device AG
Investor Family members Supervisor
Falk Sorge
E-mail: falk.sorge@usu.com
USU Device AG
Dr. Thomas Gerick
Company Communications Supervisor
E-mail: thomas.gerick@usu.com
