ENENSYS TECHNOLOGIES: Return to dynamic growth in the second half of 2022: +10% – Annual turnover: EUR 12.7 million (+2%) – Solid order book to start the 2023 financial year – 01/26/2023 at 6:00 p.m.


The ENENSYS Technologies Group, a global specialist in digital video broadcasting and targeted advertising insertion, announces the publication of its turnover for its 2022 financial year.

Audited data in M€

2021

2022

Variation

1

er

semester

5.90

5.43

-8.0%

2

n/a

semester

6.62

7.31

+10.4%

Consolidated turnover

12.52

12.74

+1.8%

The Group recorded a very good level of activity in the second half with a turnover of €7.3 million, up +10.4% over the period, reaping the benefits of its commercial dynamics and the good level of order book as of June 30, 2022. This performance made it possible to make up for the delay in the first half and to close the financial year with satisfactory revenue of €12.7 million, up by +1.8%.

The geographical breakdown of 2022 revenue is as follows:

Audited data in M€

2021

2022

Variation

EMEA

6.03

6.19

+2.7%

North America

2.44

3.25

+33.2%

France

2.02

1.09

-46.0%

Asia Pacific

1.50

2.06

+37.3%

South America

0.53

0.15

-71.7%

Consolidated turnover

12.52

12.74

+1.8%

Strong business growth in the United States and Asia Pacific

The ENENSYS Technologies Group continues to reap the benefits of its international commercial presence either through its direct sales force or through its network of partners or distributors. The Group’s solutions have thus been marketed in nearly 80 countries in 2022.

Growth was particularly strong in the United States with revenue of €3.2 million, up +33.2%, supported by a favorable exchange rate effect of €0.3 million. This performance was based in particular on the conclusion of a contract with a major American player for the supply of a strategic software component for critical mobile applications.

In the EMEA zone, activity remained solid, growing by +2.7% to €6.2 million despite a high basis of comparison (+40% growth in this zone during the previous financial year). This performance was notably supported by the continued deployment of terrestrial solutions in Italy and monitoring solutions in South Africa.

In France, activity is down significantly by €0.9 million due to the absence of a significant contract this year. The Group has undertaken commercial developments to boost its domestic market.

In Asia, the Group posted dynamic growth of +37.3% driven in particular by the “OneBeam” project in the Philippines.

Landing on annual profitability

The good level of activity recorded in the second half of the year and the good control of operating costs will enable the Group to generate

Positive annual EBITDA for the second consecutive year

.

The net result will, moreover, as in the first half, be clearly positive

thanks to exceptional income related to capital transactions.

As of December 31, 2022,

available cash increased to €3.5 million

(vs. €3.0 million a year ago) allowing the Group to pursue its development with serenity.

2023 objectives: Continued growth

The Group’s commercial activity remained dynamic throughout the second half of the year and concerns all of the Group’s offers, from historical terrestrial activity to OTT monitoring or targeted advertising. The Group is thus starting the year 2023 with

a high order book of approximately €6.0 million

in line with that of last year at the same period.

The Group also has a good prospecting portfolio while remaining attentive to the complex general economic context, even if the supply tensions that disrupted the 2022 financial year are greatly reduced.

ENENSYS Technologies will support its commercial development by participating in 2023 in the 3 major international fairs

the Mobile World Congress in Barcelona in February, which will be an opportunity to capitalize on recent commercial successes in this area, the NAB Show in Las Vegas in April 2023 and the IBC show in Amsterdam in September.

The Group thus continues to make every effort to sustainably pursue its new virtuous development trajectory.

Next meeting :

Publication of the 2022 annual results on April 11, 2023 after market close.

Find us on our website

: www.enensys.com

Follow our news

at https://www.linkedin.com/company/enensys-technologies

About ENENSYS Technologies Group:

A specialist in digital video broadcasting and advertising insertion, the ENENSYS Technologies Group has been offering highly innovative solutions for more than fifteen years on networks and terminals in the media chain, enabling efficient distribution of content. With approximately €60 million invested in Research and Development over the past 10 years, the Group enjoys a reputation for excellence in solutions for optimizing, securing and monetizing video streams. The solutions are marketed through two brands – ENENSYS and TestTree – and reach more than 1.2 billion viewers worldwide. The Group achieved a turnover of €12.7 million in 2022, of which more than 90% internationally.

contacts

Guillaume Le Floch

Investor/Analyst Relations

Tel: 01.53.67.36.70

[email protected]

Fatou-Kine N’Diaye

Press relations

Tel: 01.53.67.36.34

[email protected]


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– Information on annual turnover


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