Annual Report Seluxit 2021/2022
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
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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