PRESS RELEASE
Luxembourg, 04/25/2024
Turnover and Annual Results 2023
Turnover: €22.0 million
Operating income: €7.0 million
These figures have been audited and certification reports are being prepared.
|
In €K |
Annual 2023 |
Annual 2022 |
Variation 2023 vs 2022 |
|
Turnover |
22,027 |
20,149 |
+9.3% |
|
Operating income ** % of turnover |
6,950 31.6% |
4,580 22.7% |
+51.7% |
|
Bottom line |
-200 |
-8 | |
|
result before taxes |
6,750 |
4,571 |
+47.7% |
|
Income tax |
-1,428 |
-536 | |
|
Net income from continuing operations |
5,322 24.2% |
4,035 20.0% |
+31.9% |
|
Net income from discontinued or sold activities* |
0 |
0 | |
|
Net profit |
5,322 |
4,035 |
+31.9% |
|
Net income, group share % of turnover |
5,322 24.2% |
4,035 20.0% |
+31.9% |
|
In €K |
H2 2022 |
H2 2022 |
Variation 2023 vs 2022 |
|
2nd half turnover |
11,054 |
10,369 |
+6.6% |
DNXcorp announces its results for the financial year ending 12/31/2023:
Turnover
The turnover for the second half of 2023 of the DNXcorp Group stood at €11.1 million, an increase of 6.6% compared to the second half of 2022. The 14% increase in prices applied on January 1, 2024 is not is not fully reflected in sales, consumption having fallen slightly.
Over the entire 2023 financial year, sales totaled €22.0 million, up 9.3%.
Operating income*
Operating profit for the 2023 financial year is up sharply by 51.7% compared to the 2022 financial year. This increase in the margin is mainly explained by the acquisition of PK Multimedia in September 2022, the group’s first commercial partner. , which led to a significant reduction in marketing expenses due to the integration of commissions which were previously paid to it.
Profitability** is strengthening, at 31.6% of turnover compared to 22.7% in 2022.
Bottom line
The financial result is down sharply, going negative by €200 thousand in 2023 compared to a negative result of €8 thousand the previous year.
This decline is mainly explained by an increase in foreign exchange losses and a slight decline in financial products.
Net profit
The tax expense amounts to €1,428 thousand for the 2023 financial year.
Despite the increase in the tax charge, the Net Profit is up sharply by 31.9% compared to the 2022 financial year, and stands at €5.3 million.
The net profitability of continuing activities increased slightly to 24.2% of turnover compared to 20.0% in 2022.
Treasury
Cash less current financial liabilities stands at €4.1 million as of December 31, 2023. The DNXcorp Group remains free of any bank loans.
Dividend
DNXcorp will propose to the general meeting a dividend of €1.75 per share for the 2023 financial year. After the interim exceptional dividend of €1.50 per share paid on November 22, 2023, DNXcorp will distribute a balance of dividend of €0.25 per share in June 2024.
In addition, the Group will pay an interim dividend of €1 per share in July 2024.
The total payment will therefore be €1.25 per share in 2024 (€0.25 final dividend for 2023 and €1 interim dividend for 2024).
*Operating result: turnover less all operating expenses
**Profitability: operating profit ratio divided by turnover
Next publication:
H1 2024 Half-Year Sales and Results
September 25, 2024 after closing
About DNXcorp
European group specializing in the development and enhancement of audiences on the Internet, DNXcorp integrates all the key skills of the web: traffic generation, development of sites and services, multi-country payment solutions, video streaming technology, analysis CRM… This global expertise has allowed the Group to develop its own sites since 2000 in dynamic markets such as entertainment or meetings….
Based in Luxembourg, with several European subsidiaries, the Group employs around fifty employees. DNXcorp has been listed on the stock exchange since 2019 on Euronext Growth Paris.
MNEMO code: ALDNX
ISIN CODE: FR0010436584
Corporate website: www.dnxcorp.com
Contact DNXcorp: [email protected] + 352 27 00 28 00
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