AURES TECHNOLOGIES: 2022 REVENUES – 02/24/2023 at 6:00 pm


Friday, February 24, 2023

2022 revenue slightly higher than the Group’s expectations: €103.5m, up 3.82%.

In a global context of 2022 where the crisis in electronic components and the difficulties of the supply chain have penalized all POS players, the AURES Group recorded a slight increase in its annual turnover.

The latter was carried by France, the United Kingdom, Australia and the United States (excluding RTG).

The activity of the American service entity RTG (which must provide all products during deployments to customers) was more strongly penalized by supply difficulties, while the majority of purchases concern products outside the group .

Activity in Germany was penalized by supply difficulties and by the backlash of strong revenue linked to the implementation of new tax regulations relating to VAT fraud in 2021.

Evolution of turnover by Group entity:

Australia: €9,625K +20.58%

(+16.18% in local currency)

Germany: €11,432K – 19.71%

United States: €8,657k + 15.34%

(+3.34% in local currency)

France: €27,818k + 17.00%

UK: €11,795k + 20.25% (

+18.94% in local currency)

RTG: €32,545k – 5.37% (-

16.04% in local currency)

SOFTAVERA: €1,594 thousand – 18.45%

Consolidated turnover

(

K€)

2022

2021

Variation

Variation at constant exchange rate

1st trimester

25,012

25 112

-0.40%

-3.45%

2

th

quarter

26,291

26,164

+0.49%

-4.51%

3

th

quarter

28,239

25,046

+12.91%

+5.51%

4

th

quarter

23,919

23,335

+2.50%

-2.26%

Year to date

103,465

99,656

+3.82%

-1.19%

unaudited data

Outlook

The evolution of the global economic situation and the uncertainties related to inflation and the energy crisis are weighing on purchasing power and impacting the retail sectors, which are the Group’s customers.

In the short term, any forecast is risky.

If the outlook for the evolution of the world economy is confirmed by the end of 2023 (fall in inflation, favorable evolution of the energy crisis, etc.), the Group could set itself the objective of returning to growth in 2023 .

About AURES

Founded in 1989 and listed on Euronext since 1999, AURES is an IT manufacturer of digital hardware and application solutions for all point-of-sale sectors.

The AURES Group has a worldwide presence, with headquarters in France, subsidiaries in the United Kingdom, Germany, Australia and the USA (AURES Technologies Inc and Retail Technology Group – RTG*), in Tunisia (LST**) as well than a network of partners, distributors and resellers established in more than 60 other countries.

*The American company Retail Technology Group Inc (RTG) is a major player on the other side of the Atlantic in IT services and POS (hardware & software) maintenance.

** The Tunisian company LST (Leader Solution Tactile) is the Group’s development unit in terms of middleware and digital applications.

ISIN code: FR 0013183589


Financial information: Sabine De Vuyst


www.aures.com

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Regulated information:


Inside information:

– Information on annual turnover

Full and original press release in PDF format:

https://www.actusnews.com/news/78697-20230223-annonce-ca-2022.pdf

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