Seluxit

Annual Report Seluxit 2021/2022

22.9.2022 10:25:07 CEST | Seluxit | Annual report

Annual Report Seluxit

Company announcement nr. 50 
Aalborg September 22nd, 2022  

 

For the financial year 2021/22, Seluxit had a turnover of DKK 6 million and a result (EBITDA) of DKK -0.35 million, which is within the guidance announced in January 2022. Turnover has been historically low in Seluxit, which we consider to be unsatisfactory.

Selected key figures for the period 1 July 2021 - 30 June 2022:

Key figures                              DKK-tkr

2021/22

2020/21

2019/20

2018/19

2017/18

Revenue

6.004

6.800

20.981

17.966

8.137

  Revenue from data, licence, and subscription

4.050

3.850

 

 

 

  Revenue from Hardware

985

1.346

 

 

 

  Revenue from other

969

1.604

 

 

 

EBITDA

-346

-36

-3.743

-4.274

2.307

EBIT

-8.099

-5.391

-5.594

-5.575

1.452

Financial costs/income

-62

144

-188

14

-92

EBT

-5.434

-2.810

-5.782

-5.560

1.360

Profit/loss for the year

-3.996

-1.854

-4.510

-4.342

1.059

 

 

 

 

 

 

Equity

14.401

18.396

20.269

24.779

4.318

Balance Sheet

22.934

28.612

26.062

30.968

8.064

 

 

 

 

 

 

Cash Flow

 

 

 

 

 

Cash Flow from Operation

2.785

-3.165

-2.276

-1.199

1.754

Cash Flow from Investment

-3.696

-5.578

-4.875

-3.192

-3.310

  Investments in fixed assets

0

-510

0

-222

0

Cash Flow from Financing

0

4.907

0

23.277

-978

Total Cash Flow

-911

-3.837

-7.151

18.886

-2.535

Cash equivalent end of period

7.001

7.912

11.749

18.900

14

 

 

 

 

 

 

Number of shares (pcs.)

9.632.961

9.632.961

9.570.957

9.570.957

 

Earnings per share (DKK)

-0,41

-0,19

-0,47

-0,45

 

Solvency ratio

62,8%

64,3%

77,8%

80,0%

53,5%

Liquidity ratio

473,8%

539,1%

351,6%

423,0%

112,1%

The expectations for 2022/23

Subject to the uncertainty involved in growing revenue to primarily new customers, with a new sales organization, the management of Seluxit expects that revenue for the financial year 2022/23 will increase by more than 30% and reach between DKK 8-10 million. At the same time, we expect to deliver an EBITDA of between DKK -3 and 0 million.

Daniel Lux, CEO states:

"We expect 2022/23 to be a year in which we see growth in revenue. The rising energy prices have an impact on the demand for easy-to-use, profitable and efficient solutions that can help lower costs and contribute to the green energy transition.”

Attached file: Seluxit Annual Report, 2021/22.

  

Financial Calendar

 

22. September 2022

Annual report for the financial year 2021/22

26. October 2022

General Assembly 2022

30. January 2023

Half-year report for the first half of 2022/23

25. September 2023

Annual report for the financial year 2022/23

26. October 2023

General Assembly 2023

 

Contacts

Daniel Lux

CEO

Seluxit

info@seluxit.com

John Norden

Certified Advisor

Norden CEF

jn@nordencef.dk

About Seluxit

Seluxit connects things to the internet to optimize systems, save resources and save money.

That makes sense for the economy, for the environment and for society.

Seluxit’s unique standards-based approach to IoT reduces development time and development costs, and thereby minimizes risks.That gives our customers a fast path to both saving and earning money, because their solution enters the market quickly.

Our end-to-end IoT solutions create value in many ways including optimizing energy usage, improving service efficiency, and allowing for more effective training.

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