Paris, Thursday, January 5, 2023
Bluelinea, a major operator in the “Silver Economy” sector in France, announces record 2022 turnover, at €10,443k, up 39% compared to 2021.
Revenue is driven by a solid level of organic growth, estimated at +16%, and the successful integration of the company Securitas Téléassistance, finalized on December 31, 2021 at midnight, which enabled Bluelinea to climb into the Top 5 on the French remote assistance market.
|
Unaudited consolidated data in k€ |
2021 |
2022 |
Variation |
B2C activity – Senior & Home | 3,813 | 5,832 | +53% |
B2B activity – Establishments | 3,711 | 4,611 | +24% |
|
Bluelinea |
7,524 |
10,443 |
+39% |
The pole
Senior & Home
, comprising the B2C activity, is the engine of growth (+53%) and generates 56% of the turnover for the financial year. In addition to the integration of Securitas Teleassistance customers on the platform
HELP
24/7 remote assistance, Bluelinea also benefited from the growing commercial success of its offer
MOBILE HELP
remote assistance design, mobile and connected for the outdoors. With HELP MOBILE, Bluelinea meets the needs of “young seniors” who are still independent with a functional offer both at home and outside that goes beyond traditional remote assistance. From €35 including tax / month, the customer has access to the HELP platform wherever he is, thanks to a connected watch or a discreet medallion.
Bluelinea thus once again demonstrates its ability to make technological innovation accessible in the service of aging well. This DNA is at the heart of the success of the “Seniors & Home” activity which now supports, day and night, 59,750 families and their elders (compared to 50,019 at the end of 2021 after integration of Securitas Teleassistance).
The division’s B2B activity
Establishments
is not to be outdone, with organic growth of +24%, still driven by the growing success of the offer
SERENEA
®
. This solution, which attracted 451 establishments in France at the end of 2022, responds today more than ever to the fundamental issue of the quality of life in EHPADs, Senior Services Residences & Hospitals and new types of inclusive housing such as roommates between seniors. In order to always better assist caregivers and facility staff, Bluelinea has enhanced its patient call system with a functionality for forwarding unanswered calls to the HELP platform.
By implementing synergies between its divisions, Bluelinea strengthens its ability to achieve its two priority objectives:
caring for the elderly and assisting caregivers
.
Significant strengthening of cash and expected improvement in results
Thanks to the success of the capital increase carried out during the summer of 2022 with the support of Apicil, its main shareholder, Bluelinea posted, at December 31, 2022, available cash of €4 million compared to only €0.8 million one year. earlier. The Company was thus able to significantly reduce its financial debt and its commitments to its main suppliers. Bluelinea also paid the balance of the acquisition price of Securitas Téléassistance.
Bluelinea also took advantage of this strengthened financial structure to support its growth (working capital financing) and accelerate the implementation of the plan to optimize its organization and its costs. Thus, Bluelinea should show a very marked improvement in 2022 EBITDA compared to 2021 (proforma EBITDA of -€2.1 million) to move towards break-even.
Next meeting: 2022 annual results, Tuesday April 4, 2023 (before market opening)
About Bluelinea:
“Caring for loved ones, whether they are elderly or disabled, at home or in an establishment”
is the main mission of Bluelinea, the first SilverTech listed on Euronext Growth.
The activity
“Seniors & Home”
accompanies, day and night, families and their elders thanks to the deployment of solutions and services
“HELP”
. At the same time, the activity
“Connected Establishments”
protects residents while assisting caregivers and staff in shared flats between seniors, serviced residences, nursing homes, specialized disability centers or more broadly in healthcare establishments thanks to the unique modular solution
« Serenea
®
»
.
With this complementary expertise in solutions and services dedicated to
“aging well” course, Bluelinea
positions itself as a key player with families, with kindness and responsibility.
|
Investor contacts: |
Press contacts: |
|
Florence Blais Accounting Director [email protected] +33.1.76.21.70.60 Jerome Fabreguettes-Leib |
Laurent Levasseur Chairman of the Board [email protected] +33.1.76.21.70.60 Nawel Naamane |
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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/77866-bluelinea_cp_ca_2022_vdef.pdf
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