OSMOZIS: Strong revenue growth over the 2021-2022 financial year: +22% to EUR 11.7m – 10/04/2022 at 6:00 pm

Press release

Hutches, October 4, 2022

Strong revenue growth

over the 2021-2022 financial year: +22% to €11.7 million

• Record turnover for the second consecutive year;
  

• Performance driven by Connected Services sold by subscription (+69%);
  

• Continuation of the switch from periodic WiFi consumption (-17%) to Premium WiFi
  
  by subscription (+34%);
  

• Prospects confirmed for an EBITDA also record for the 2021-2022 financial year.
  

OSMOZIS (FR0013231180 – ALOSM), the specialist in the digital transition of campsites and holiday villages

presents its revenue for the 2021-2022 financial year (period from 1

^er

September 2021 to August 31, 2022).

Gérard Tremblay, CEO of the Osmozis group, says: “

Osmozis confirmed its growth momentum throughout the year, in line with an already record previous year. The digital transformation of campsites is now under way and the accuracy of our positioning and the attractiveness of our product range are demonstrated day by day. Our low churn rate of 1.4% illustrates the historical record satisfaction of our customers. The parallel work on the profitability of our operations allows us today to anticipate an EBITDA clearly higher than that of the previous financial year. »

Osmozis continued its growth momentum throughout the 2021-2022 financial year, reaching record revenue of €11,665k as of August 31, 2022, i.e. growth of +22% compared to the 2020 financial year. -2021, also already growing by +20%.

This performance was supported by a fourth quarter (period from 1

^er

June 2022 to August 31, 2022) which reached a turnover of 4,705 k€, well oriented by a successful summer season in the outdoor hotel industry. At the end of the financial year, however, Osmozis encountered slight slowdowns in the pace of installation, on the sites of the customers of the last orders recorded, resulting from the lack of manpower available to carry out the interventions before the summer. This had the effect of capping the growth of the 4

^th

quarter of 2021-2022 and to carry over this additional revenue to fiscal year 2022-2023.

Over the year as a whole, performance was driven by the commercial success of Osmozis’ complete range of connected products and services, which continued to meet strong demand from campsite operators, in a context of stabilization of the health situation.

In summary by segment:

• The turnover of
  
  Premium Subscription Services
  
  the central axis of the commercial deployment strategy, experienced further net growth of +44% and reached €8,715 k thanks in particular to the
  
  Connected services
  
  , up +69% compared to the 2020-2021 financial year. OsmoCam, OsmoPower/Water and OsmoKey confirm their ramp-up and thus contribute significantly to the segment’s turnover. the
  
  Premium Wi-Fi
  
  also increased by +34% to reach €5,675,000. The share of
  
  Premium Subscription Services
  
  grew by more than 12 points to reach 75% of annual turnover, enabling greater recurrence and predictability of Osmozis’ activity.

• The
  
  Periodic consumption
  
  WiFi stands at €2,950,000, a controlled drop of 17%, which illustrates the discontinuation of the marketing of this formula and the desire to transform this activity gradually into
  
  Premium Wi-Fi
  
  .

The global WiFi access service (

Periodic consumption

+ Services

Premium Wi-Fi

) confirms the attractiveness and the need for WiFi access in vacation spots, with an increase year after year in the associated turnover. Over the 2021-2022 financial year, its growth was +11% compared to the previous financial year, rising from €7,793k to €8,625k. This growth illustrates a still dynamic demand for this service, which remains a basic element for operators, and therefore an important entry point for deploying all Osmozis connected services.

RENEWED PROSPECTS FOR PROFITABLE GROWTH FOR THE YEAR

In the continuity of record commercial activity over the financial year, Osmozis confirms its ambition to solidify the profitability of its activities over the whole of the 2021-2022 financial year, with an EBITDA/Revenue margin which should remain around 33%, despite the inflationary context. 2021-2022 EBITDA should therefore be higher than that of the previous financial year (€3.2 million). This profitable growth will automatically improve cash flow and reduce Osmozis’ net debt as of August 31, 2022.

Next meeting :

Annual results 2021-2022 December 12, 2022

ABOUT OSMOZIS

Specialist in the digital transformation of campsites and holiday residences in Europe, OSMOZIS now offers its customers complete solutions for the optimization and dematerialized management of their holiday centres. In 16 years, the Group has built, acquired an installed base and owns nearly 33,000 WiFi/LoRaWan devices at more than 2,200 sites in Europe.

The OSMOZIS offer is a complete solution of connected services for holiday areas (Broadband Internet access for holidaymakers and professional connected services to help operators) built on the basis of innovative technologies in the Internet of Things embedding technologies of architectures patented in Europe. The Group achieved consolidated revenue of €11.7 million during the financial year ended August 31, 2022.

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