WEDIA: Wedia – Solid results in a context of strong investments – 09/29/2022 at 6:30 pm

In thousands of euros








Of which SaaS revenue




Of which Service & Miscellaneous












As a % of turnover










For the first half of the 2022 financial year, the Wedia group – SaaS solution and consulting for marketing players – achieved consolidated revenue of €8.4 million,

up 4%

compared to the first half of the 2021 financial year (€8.1 million).

As a reminder, during this semester,

the Wedia group announced the acquisition of 100% of the capital of the company Tripnity (Iconosquare software),

which has been consolidated since 1


May 2022 and contributed just over €900k to the turnover.

During this semester and despite a wait-and-see context in the market for investments in marketing solutions, recurring SaaS revenues supported the Group’s growth.

The breakdown of revenues by type, in line with Wedia’s business plan, is as follows:

  • Recurring revenues (SaaS) are up 22% compared to H1 2021, at nearly €5.1 million. These revenues, in line with the Group’s ambitions, have been growing continuously for many years (17% per year on average over 2019-2022) and now represent 60% of revenues, in line with the target of 70% by 2024;

  • As anticipated, the Group’s Services activity (consulting, configuration, change management) is 15% lower than that of June 30, 2021, as a result of a negative base effect after an excellent first half of 2021;

  • The international share now represents 27% of turnover, compared to 14% in the first half of the previous financial year.

Solid results in a context of increasing investments

EBITDA stands at 17% of turnover (compared to 21% in 2021) and Current Operating Income remains substantial at €545k, compared to €696k in 2021. This is the result of rigorous management in a context of increased investments:

  • sustained pace of hiring in marketing, R&D and Services to support the group’s ambition;

  • increase in external purchases in marketing (digital acquisition campaigns, trade fairs, etc.), investments resumed after the pandemic crisis and which will bear fruit at the end of 2022, beginning of 2023 given the sales cycles.

Net income Group share, impacted by the increase in goodwill and provisions related to the recent acquisition, amounted to €176k (compared to €405k in the first half of 2021). This Net Income is after deduction of the deferred tax charge (knowing that the group benefits from a tax loss of nearly €19 million).

Positive net cash & growing operating flows

Available Cash at June 30, 2022 stood at more than €6.4 million and Net Cash, after the acquisition of Tripnity, is positive.

Overall, cash flow from operations is €3.4 million, and comfortably allows financing the investment dedicated to R&D (€800k) and the repayment of financial debt (€6.1 million). with a maturity of 7 years).

The Group thus has a still solid financial structure to pursue its growth.

2022 outlook and growth objective confirmed

For 2022, the Wedia group anticipates revenues of more than €18 million (+15%) with strong growth in SaaS revenues.

The investments made as well as the complementarities of the various Group companies will enable continued growth in 2023.

A player recognized for its role as a consolidator of a market that is still very fragmented and whose positioning and offer are fully in line with the digital transformation of marketing and commerce, Wedia confirms its objective, by 2024, of joining the Top 5 players in the world market and to achieve a turnover of 30 M€.

Next meeting: 2022 revenue, Thursday January 26, 2023 after market close

About WEDIA (Isin: FR0010688440-ALWED) –

Listed on Euronext Growth, the Wedia group is an international player, leader in SaaS software and consulting dedicated to marketing and communication departments.

Through its three offers, Wedia, Galilée and Iconosquare, the Group supports its customers (marketers, communicators, e-merchants, social media managers, etc.) in the sustainability, personalization, distribution and performance measurement of their marketing content (photos, videos, product descriptions, marketing pitches, social posts, etc.).

These offers thus enable the Group’s various customers to simplify the organization of their marketing content, automate their deployment on the various digital and physical channels and ultimately measure their effectiveness.

The Group’s high-end and innovative positioning is validated by prestigious clients (Decathlon, Royal Canin, Sephora) and by the main technology analysts (Gartner and Forrester)

To serve its 7,000 customers in more than 130 countries, the Wedia group, based in France, Germany and Canada, can count on more than 150 committed employees.

The Wedia group achieved a turnover of €15.7 million in 2021, of which more than 55% was SaaS revenue, and is driving its development with a proven mix of controlled organic and external growth.


Nicolas BOUTET – CEO –

[email protected]

Olivier SCHMITZ – CFO –

[email protected]

Julia BRIDGER – Partner – [email protected]

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