(AOF) – Archos, an expert in mobile solutions, has published its 2022 accounts from which emerges a consolidated net result which stands at -1.5 million euros against -9.2 million a year earlier. Operating income amounted to -2.6 million euros against -4.2 million. The Group’s gross margin rate appears at 22% compared to 20%. The group recorded a turnover of 14.3 million euros over the period, down 7%. Cash appears at 12 million euros, down 4 million.
Archos had announced on February 8, 2022 the listing on the Euronext Access+ market of its subsidiary Medical Devices Venture by way of direct admission following a private placement of an amount of 2.3 million euros.
Its strategic plan in 2023 consists of carrying out more than 50% of its activity in B2B in support of large accounts, accelerating the deployment of Medical Devices Venture and its innovative start-ups and carrying out external growth operations in order to accelerating the group’s development program.
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Growth of the French market in value
According to the Gfk institute, the sector generated sales of 4.8 billion euros in 2021, up 2% compared to 2020. The product families that benefited from the best performance are in particular helmets and accessories as well as televisions. However, while the French consumer electronics market grew in value last year, it fell in terms of volumes (-2% with 51 million units sold). This trend can be explained by a move upmarket in products: Bluetooth speakers are more powerful or even televisions use more innovative technologies. Thus the development of technologies that improve image resolution (Oled, Qled, miniled) and the size of screens have caused an increase of more than 20% in the average price. Consumers are also looking for more sustainable products.