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Justin Reid, President and CEO, Troilus Gold Corp.

Justin Reid
President and CEO | Troilus Gold Corp.
36 Lombard Street, Floor 4, M5C 2X3 Toronto, Ontario (CAN)

info@troilusgold.com

+1 (647) 276-0050

Interview Troilus Gold: "We are convinced that Troilus is more than just a mine".


John Jeffrey, CEO, Saturn Oil + Gas Inc.

John Jeffrey
CEO | Saturn Oil + Gas Inc.
Suite 1000 - 207 9 Ave SW, T2P 1K3 Calgary (CAN)

info@saturnoil.com

+1-587-392-7900

Saturn Oil + Gas CEO John Jeffrey: "Acquisition has increased production by 2,000%"


Gary Cope, President and CEO, Barsele Minerals

Gary Cope
President and CEO | Barsele Minerals
Suite 1130 - 1055 W. Hastings Street, V6E 2E9 Vancouver (CAN)

info@barseleminerals.com

+1(604) 687-8566

Interview Barsele Minerals: 'I have never seen a project with such good general conditions'.


27. November 2019 | 14:50 CET

EQS Group AG - Delays send share price down to two-year low

  • RegTech
Photo credits: pixabay.com

The RegTech company, EQS Group, was founded in Munich in 2000 and has since developed into an international provider of regulatory technologies in the areas of corporate compliance and investor relations. Several thousand companies worldwide use the EQS Group's solutions to meet complex compliance requirements, minimize risks and communicate transparently with stakeholders. The products of the EQS Group are bundled in the cloud-based software EQS COCKPIT. This allows compliance workflows in the areas of whistleblower protection and case management, policy management, insider list management and reporting obligations to be professionally controlled. Listed companies also use a global newswire, investor targeting and contact management, IR websites, digital reports and webcasts for investor communication.

time to read: 1 minutes by Mario Hose
ISIN: DE0005494165


 

Author

Mario Hose

Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

About the author


Only one third of expected IPOs

The EQS Group achieved sales growth of 2.7% to EUR 26.58 million in the first nine months compared to EUR 25.90 million in the same period of the previous year. However, the sold ARIVA.DE AG was deconsolidated as of July 1, 2019. Adjusted for the subsidiary sold, sales rose by 11.8% to EUR 23.09 million from EUR 20.64 million in the previous year. Nevertheless, this development was below management expectations.

The reason for this low growth was longer development times for the new modules for CRM, Mailing, Policy Manager, which consequently led to shifts in the migration of existing customers and also postponed the acquisition of new customers. In addition, five IPOs resulted in significantly fewer IPOs than the company had previously expected at 15.

Disposal reduces net loss

EBITDA increased from EUR -0.67 million to EUR 0.65 million, although special effects must be taken into account in this development. According to the pro forma consolidated income statement excluding ARIVA.DE AG, EBITDA amounted to EUR 0.39 million compared to EUR -0.63 million, with IFRS 16 effects also having a significant positive impact on EBITDA.

The sale of ARIVA.DE AG generated financial income of EUR 2.23 million, which significantly reduced the net loss for the period. Accordingly, the net result amounted to EUR -0.72 million compared to EUR -2.29 million in the previous year.

Guidance and price target adjustments

The EBITDA guidance was reduced from EUR 2.8 - 3.8 million to EUR 2.3 - 3.3 million. In the course of adjusting the forecast, the analysts of GBC Research now expect EBITDA of EUR 3.30 million in the current financial year 2019, EUR 3.86 million in 2020 and EUR 7.93 million in 2021.

Due to the adjustment of the forecasts, GBC's experts have reduced the price target from EUR 94.00 per share to EUR 90.00 per share, but remain with the Buy rating.


Author

Mario Hose

Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

About the author



Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.