CIOA GROUP: CIOA SA Group: Audited results for the 2021 financial year – 05/31/2022 at 15:20

PRESS RELEASE

La Garde (France), May 31, 2022

CIOA SA Group: Audited results for the 2021 financial year

CIOA (MLCIO), a collaborative engineering group that supports underperforming public and private companies and organizations, publishes the audited annual results for the 2021 financial year, the first of the new management team after the handover of the founders .

Turnover up by 28% to €14.23 million for an operating profit of 8.76%

The results are maintained despite a provision of €3.5 million justified by the villainous failure of a client in Cameroon, with the complicity of public decision-makers. Both civil and criminal proceedings are underway.

The added value of the businesses is confirmed with a

EBITDA of 45.5% of sales, helped by efficiency gains resulting from the

consolidation of all the Group’s activities on a single site in La Garde (83, France).

These results are also confirmation of the agile collaborative model adopted by the group, obtained with a contained workforce of 16 employees who lead an ecosystem of affiliated partners (the co-developers).

The different activity centers balance each other out.

The refocusing on Europe and the overseas departments continues.

Outlook

With :

• An original, decentralized and agile model, grounded for years,

• Solutions for pooling resources and assistance that are more than ever, perfectly in line with the expectations of SMEs and private and public organizations in emerging countries,

• Collective expertise in sectors in demand: international procurement, affordable construction, global digitization of organizations,

• The financing of €165 million negotiated last February…

CIOA will be able to calmly develop its business plan:

For its “industry” division:

• The launch of selected real estate programs,

• The co-financing of third-party promoter programs that adopt the constructive solutions of BATI-FABLAB,

• The development of brands in the extension of housing, single-family homes and affordable, energy-efficient and carbon-free collective housing.

For its “business Services” division

• The acceleration of the networking of partner brokers in the different regions of the world, to increase the capacities of the GOLDEN-TRADE.com purchasing platform, particularly in the search for qualified suppliers.

• External growth operations aimed at enriching the offer of its SaaS platform.

ABOUT

CIOA is an engineering and business development group listed on Euronext ACCESS (MLCIO).

Since 1994, CIOA has been helping organizations of all kinds to solve their crucial problems, with innovative solutions that find their sources in the diversity of its global ecosystem of 550,000 economic operators from 140 countries, including 120,000 suppliers.

In collaborative mode, with its network of co-developers, CIOA provides innovative solutions to help its customers adapt to disruptions, create value, implement complex projects.

One of a kind, CIOA meets the essential needs of our changing society:

• Increase the resilience of economic operators,

• Create diversified work opportunities and a motivating environment for the self-employed,

• Facilitate access to residential, recreational and professional buildings that are energy efficient and low carbon.

CIOA Group: www.cioa.com

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