Weborama: Results for the first half of 2019

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Results from 1st semester 2019

Profitability impacted by lower sales and continuing
investments.

Press release – Paris, October 17, 2019 at 5:45 pm

Weborama (FR0010337444 – ALWEB – PEA PME), world leader in Data Science at the service of customer knowledge, today publishes its half-year results 2019, ended June 30, 2019.

in € million June 30, 2019 June 30, 2018
Turnover 15.15 16,01
Gross margin 9.96 10.22
Gross Margin Rate 66% 64%
Operating profit -1.53 -0.15
bottom line -0.03
exceptional result -0.30 -0.20
Minority interests and QP ME -0.43 -0.46
Net profit (Group share) -1.09 0.11

In a market environment still affected by the implementation of the RGPD in Europe, Weborama records at 1st first half of 2019, sales of € 15.15 million were down 5.4% compared to 1st 2018, despite the slight growth of the Data Strategy division.

International sales amounted to 68%, slightly down compared to the same period last year.

The gross margin rate stands at 66%, an improvement compared to the same period of the previous year when it amounted to 64%.

Commercial efforts in the United States continue as well as investments in R & D.

The operating result for the half-year amounted to € 1.53 million (- € 0.15 million in the first half of 2018).

Given the sustained efforts in Research & Development, the Group has a research tax credit for the first half of 2019 of € 1.2 million.

After taking into account the financial result and taxes, the Group's net profit is – € 1.09 million.

At June 30, 2019, the Group had a cash position of € 5 million (plus € 2 million of CIR 2018 to be cashed after June 30, 1919) with a financial debt down to € 2.6 million ( compared with € 3.8 million at 31/12/2018) and shareholders' equity of € 22.4 million.

Provision of the half-yearly financial report
The 2019 Half-Year Financial Report is available to the public today. It can be consulted on the company's website at the following address: www.weborama.com in the section "Financial communication / Financial documentation".

Weborama is a world leader in Data Science that supports companies in the digital transformation of their marketing thanks to its tools and know-how in scientific knowledge of the consumer. In a world of globalized marketing where the relationship between brands and their audiences is increasingly individualized, Weborama brings to the next generation marketers a proprietary, efficient, low-intrusive and competitive personal data solution, all on a worldwide scale.

Weborama's offering is made up of several proprietary technologies – including a DMP (data management platform) – powered by one of the most elaborate behavioral databases in the world (BigSea: 1.5 billion anonymized profiles, 220 qualification criteria). . This database is expanding rapidly and is based on a unique Data Science combining Automatic Language Processing and Machine Learning.

Listed in Paris on Euronext GrowthTM, Weborama is developing its expertise in some 30 countries
– with a team of 250 people. Weborama is a recognized research organization in France and a member of BPI France's Club Excellence, of which it has been awarded the "Innovative Company" label and is eligible for PEA-PME.
www.weborama.com

Contact :
WEBORAMA – Alain Levy / Daniel Sfez – 01.53.19.21.40 – [email protected] / [email protected]
CALYPTUS – Sophie Levesque / Mathieu Calleux – 01.53.65.68.68 – [email protected]

  • 2019_10_17_Weborama_RS1_2019_FR



Source link
https://www.zonebourse.com/WEBORAMA-32743/actualite/Weborama-Resultats-du-1er-semestre-2019-29411212/

Dmca

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