(Boursier.com) — Given the change in the closing date to March 31, the previous financial year was a reduced financial year of 3 months (January 1 to March 31, 2021) making the comparison irrelevant.
The turnover of Wiziboat over the financial year amounted to 0.69 million euros made up of the sale of packages. It is up by +69% compared to the last 12-month financial year covering the 2020 calendar year. This performance is however below the target of 1 ME due to the slowdown in package sales in the 2nd part of the year. exercise in a more difficult economic context and before changes in commercial offers.
The net result of the first self-service shared boat short-term rental application came to -0.45 ME including an exceptional result of -0.13 ME related to stock market listing fees.
The company has virtually no financial debt. Available cash was €0.01 million at March 31. It was reinforced by the capital increase of 0.325 ME carried out in May, which allows Wiziboat to continue its development.
Outlook for the 2022-2023 financial year
Wiziboat started its new season with ambition, reinforced by the growth in the number of dealer-partners which continued to grow thanks to very positive “word of mouth” around the success of the offer and the win-win economic model of Wiziboat. .
Wiziboat is present today in 27 Wizibases (21 at the end of April 2021). The number of packages marketed to customers is up, over 800 at the end of July, compared to just over 600 for the whole of the previous year, with an increase in the average unit price. Wiziboat is therefore aiming for a turnover of 1.5 ME over the financial year with a limited operating loss.
The Wizibases have expanded the number of boats made available, bringing the fleet to 68 boats. This promising commercial growth confirms the attractiveness of supply in an unfavorable inflationary context. Wiziboat is thus continuing its development with the objective of reaching the break-even point in the 2023-2024 financial year.
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