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ADOMOS: ADOMOS: AVAILABILITY OF THE ANNUAL FINANCIAL STATEMENTS AT DECEMBER 31, 2021 AND OF THE MANAGEMENT REPORT – 04/29/2022 at 8:00 p.m.


Paris, April 29, 2022 (8:00 p.m.)

AVAILABILITY OF THE ANNUAL FINANCIAL STATEMENTS AT DECEMBER 31, 2021 AND OF THE MANAGEMENT REPORT

DETAILS ON THE ANNUAL RESULTS AS OF DECEMBER 31, 2021

ADOMOS (the “Company”) announces the availability on its website in the “Stock Exchange” section of the following documents:

  • The company and consolidated annual financial statements as of December 31, 2021;

  • The management report as of December 31, 2021.

Furthermore, in addition to the press release issued on March 31, 2022, ADOMOS today completes the presentation of the company’s annual accounts which are summarized in the two tables below showing the main performance indicators for the past financial year and the balance sheet as of December 31, 2021.


In K€

Consolidated income statement

2021

2020

Change 2021 / 2020

The consolidation covers ADOMOS and its subsidiaries:

Selectaux, Adominvest, Adominvest 2, ADOMOS Placement and ADOMOS Property Management.

Exploitation product

6,541

7,886

(17.1)%

EBITDA

(1)

1,150

1,956

(41.2)%

Consolidated operating profit

(1,928)

(1,822)

(5.8)%

Current result of the consolidated group

(2,075)

(1,955)

(6.1)%

Net result of the consolidated group

(2,099)

(2,068)

(1.5)%

Earnings per share

(0.045)

(0.069)

Audited consolidated figures

  1. EBITDA corresponds to Operating income – Payroll costs – Other operating expenses – Taxes and duties

In K€

2021

2020

Exploitation product

6,541

7,886

Other operating expenses

(4,011)

(4,611)

Dues and taxes

(40)

(200)

Staff costs

(1,341)

(1,119)

EBITDA

1,150

1 95


In K€

consolidated results

2021

2020

The consolidation covers ADOMOS and its subsidiaries:

Selectaux, Adominvest, Adominvest 2, ADOMOS Placement and ADOMOS Property Management.

Fixed assets

18,500

17,931

Current assets

4,590

5,572

Total assets

23,090

23,503

Equity

15,893

15,744

Debts

7,117

7,674

Total liabilities

23,090

23,503

Audited consolidated figures

An activity impacted by the health crisis

As indicated during the distribution of the press release presenting the annual turnover on January 31, the activity of ADOMOS continues to be penalized by delays and shifts in projects for all of its market segments.


Lead Marketing Department

: This activity, amounting to €1,936k, grew by 9.3% despite market difficulties, the scope of activity remaining broadly identical.


New Real Estate Division

: The containment measures and the significant tightening of the conditions for granting mortgages were unfavorable to the activity with a turnover of 3,093 K€, down 23.0% in 2021 compared to the year past.


Old Real Estate Operator Center

: ADOMOS concentrated on the end of the sales of its building in Périgueux and did not start the marketing of other products, so as not to degrade its WCR. As a result, revenue was €1,512,000, down 27.8% compared to 2020.

Overall, operating income amounted to €6,451,000, down 17.1% compared to 2020.

ADOMOS has endeavored to adapt its operating costs to the reduction in its turnover while making the necessary investments in human capital to prepare for the future.

Purchases and external charges are thus down by €600,000 to €4,011,000 and net allocations to depreciation and provisions are down from €700,000 to €3,078,000. Conversely, personnel costs including the hiring of new staff increased slightly by €222,000 to €1,341,000.

Operating expenses amounted to €8,469k, down 10.9% compared to 2021, leading to a limited decrease in consolidated operating loss from €106k to €1,928k.

Given the operational interweaving of all the segments with each other, it is not possible to provide profitability indicators by business segment.

After allocation of a financial result of -€147k and a net exceptional charge of €22k, the group’s consolidated net income shows -€2,098k, almost stable compared to 2020.

A financial structure that takes into account growth in equity

Equity amounted to €15,893 thousand at December 31, 2021, up €149 thousand and includes in particular the benefit of capital increases carried out during the year.

The financial debt of €4,669K takes into account bonds convertible into shares for €1,350K (fully converted to date) and medium-term bank loans for an amount of €2,435 as of December 31, 2021. Gross cash is amounted to €1,572k, up €147k compared to the end of 2020. As a result, net debt stood at €3,097k at December 31, 2021 compared to €2,749k at December 31, 2020.

Better oriented prospects for 2022

The technological transformation of ADOMOS towards the real estate Fintech business should allow it to resume the path of growth and return to profitable operations, and this, from 2022 in the absence of a sharp deterioration in the economic situation. in France.


ADOMOS


( ALADO, ISIN code FR0013247244), is a major player in the Internet distribution of rental investment property for individuals.

www.adomos.com/bourse

Company contact: [email protected]

Agency contact: [email protected]


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Regulated information:


Press releases for the availability of documents:

– Methods of making available the annual financial and annual audit reports


Full and original press release in PDF format:

https://www.actusnews.com/news/74330-adomos-cp-ra-2021-complement-d_informations-vdef.pdf

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