11880 Solutions AG · ISIN: DE0005118806 · EQS - Company News

Stable revenue, significant EBITDA growth

Essen, November 6, 2024 – Despite challenging economic conditions, 11880 Solutions AG has maintained its positive trajectory in the first nine months of fiscal year 2024. Revenue remained stable at EUR 41.5 million (9 months 2023: € 42.3 million), while EBITDA rose sharply year-over-year to EUR 3.6 million (9 months 2023: € 1.3 million). Cash holdings also increased from EUR 1.5 million to EUR 2.2 million in the first nine months of 2024. “We are certainly feeling the impact of the current econ...

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Corporate News 11880 Solutions AG

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06 November 2024 08:00AM
Stable revenue, significant EBITDA growth
DE0005118806
Essen, November 6, 2024 – Despite challenging economic conditions, 11880 Solutions AG has maintained its positive trajectory in the first nine months of fiscal year 2024. Revenue remained stable at EUR 41.5 million (9 months 2023: € 42.3 million), while EBITDA rose sharply year-over-year to EUR 3.6 million (9 months 2023: € 1.3 million). Cash holdi...
11880 Solutions AG
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08 August 2024 08:00AM
Strong EBITDA growth, stable revenue
DE0005118806
Essen, 8 August 2024 - 11880 Solutions AG significantly increased its EBITDA in the first half of 2024 compared to the previous year: It totaled EUR 2.1 million in the first six months of 2024 and EUR 0.2 million in the first half of 2023. At EUR 27.8 million, the company's revenue remained almost unchanged compared to the same period of the previo...
11880 Solutions AG
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07 May 2024 08:00AM
EBITDA significantly increased
DE0005118806
Essen, 7 May 2024 – 11880 Solutions AG generated EBITDA of EUR 0.9 million in the first quarter of the 2024 financial year (Q1 2023: EUR 0.2 million). At EUR 14.1 million, sales were at the previous year's level (Q1 2023: EUR 14.5 million). "We have continued the course we set last year in 2024," explains Christian Maar, CEO of 11880 Solutions AG....
11880 Solutions AG
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30 April 2024 08:00AM
Operating cash flow positive again
DE0005118806
 Essen, 30 April 2024 – 11880 Solutions AG was able to significantly improve its earnings and slightly increase its revenue in a turbulent economic environment in the 2023 financial year. The company's goal of increasing profitability was achieved: operating cash flow was positive again on an annualised basis. In the 2023 financial year, 11880 Sol...
11880 Solutions AG
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09 November 2023 08:00AM
11880 Solutions AG reports sales growth in the first nine months of 2023
DE0005118806
Essen, 9 November 2023 - 11880 Solutions AG increased its revenue to EUR 42.3 million in the first nine months of the current 2023 financial year (9 months 2022: € 41.0 million). The digital business generated EUR 33.5 million in the reporting period (9 months 2022: € 32.3 million), while the directory assistance business contributed EUR 8.8 millio...
11880 Solutions AG
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06 November 2023 08:05AM
cleverB2B offers reliable partners for professional purchasing with almost 260,000 suppliers
DE0005118806
Essen, 6 November 2023 – 11880 Solutions AG has now launched a new B2B platform. At cleverb2b.de, companies can now search for products, manufacturers and service providers in Germany and receive a professional purchasing offer from around 260,000 suppliers. "11880 has stood for professional searching and finding for almost three decades. It there...
11880 Solutions AG
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10 October 2023 07:01PM
11880 Solutions AG resolves cash capital increase from authorised capital
DE0005118806
Essen, 10 October 2023 - The Management Board of 11880 Solutions AG (WKN 511880) today resolved, with the approval of the Supervisory Board, to carry out a cash capital increase from authorised capital against cash contributions by issuing 317,000 new shares at an issue price of 1.05 euros. The capital increase will be carried out under exclusion o...
11880 Solutions AG
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30 August 2023 12:46PM
11880 Solutions AG resolves capital increase against contributions in kind and acquires Ormigo GmbH
DE0005118806
Essen, 30 August 2023 – The Management Board of 11880 Solutions AG (WKN 511880) today resolved, with the approval of the Supervisory Board, to carry out a capital increase from authorised capital against contributions in kind at an issue price of EUR 1.05 per new share and excluding shareholders' subscription rights to acquire the pay-per-lead prov...
11880 Solutions AG
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10 August 2023 08:00AM
Cash flow positive, turnover above previous year
DE0005118806
Essen, 10 August 2023 – 11880 Solutions AG generated revenue of EUR 28.2 million in the first half of 2023, an increase of 4.2 percent year-on-year (H1 2022: EUR 27.1 million). EBITDA at Group level was positive in the first half of 2023 at EUR 0.2 million (1 HY 2022: EUR 0.5 million). In the reporting period, operating cash flow was positive at EU...
11880 Solutions AG
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10 May 2023 08:00AM
First quarter 2023: 11880 Solutions AG with higher revenue and improved EBITDA
DE0005118806
Essen, 10 May 2023 – 11880 Solutions AG today announced that it was able to increase revenue to EUR 14.5 million in the first quarter of the 2023 financial year (Q1 2022: EUR 13.4 million). EBITDA amounted to EUR 0.22 million in the first three months of 2023 (Q1 2022: EUR 0.1 million). "2023 is off to a good start. We have left the difficult 2022...
11880 Solutions AG
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10 May 2023 08:00AM
11880 Solutions AG with higher revenue and improved EBITDA
DE0005118806
Essen, 10 May 2023 – 11880 Solutions AG today announced that it was able to increase revenue to EUR 14.5 million in the first quarter of the 2023 financial year (Q1 2022: EUR 13.4 million). EBITDA amounted to EUR 0.22 million in the first three months of 2023 (Q1 2022: EUR 0.1 million). "2023 is off to a good start. We have left the difficult 2022...
11880 Solutions AG
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30 March 2023 08:00AM
11880 Solutions AG presents results for the 2022 financial year: Turnover at previous year's level despite difficult market environment
DE0005118806
Essen, 30 March 2023 – 11880 Solutions AG generated revenue of EUR 56.0 million in the 2022 financial year, thus maintaining the previous year's level of EUR 56.1 million despite a difficult economic environment. EBITDA in 2022 was EUR 2.4 million (2021: EUR 5.4 million). Both results were thus at the upper end of the forecast issued at the beginni...
11880 Solutions AG
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30 March 2023 08:00AM
Turnover at previous year's level despite difficult market environment
DE0005118806
Essen, 30 March 2023 – 11880 Solutions AG generated revenue of EUR 56.0 million in the 2022 financial year, thus maintaining the previous year's level of EUR 56.1 million despite a difficult economic environment. EBITDA in 2022 was EUR 2.4 million (2021: EUR 5.4 million). Both results were thus at the upper end of the forecast issued at the beginni...
11880 Solutions AG
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10 November 2022 08:00AM
Slight decline in turnover despite strong months of August and September
DE0005118806
Essen, 10 November 2022 - As forecasted, the current economic challenges are weighing on the 2022 nine-month results of 11880 Solutions AG: the company generated revenue of € 41.2 million in the first three quarters of 2022, a slight decline of 3.9 per cent year-on-year (9 months 2021: € 42.9 million). At € 1.7 million, the EBITDA generated was beh...
11880 Solutions AG
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10 November 2022 08:00AM
11880 Solutions AG presents nine-month figures 2022: Slight decline in turnover despite strong months of August and September
DE0005118806
Essen, 10 November 2022 - As forecasted, the current economic challenges are weighing on the 2022 nine-month results of 11880 Solutions AG: the company generated revenue of € 41.2 million in the first three quarters of 2022, a slight decline of 3.9 per cent year-on-year (9 months 2021: € 42.9 million). At € 1.7 million, the EBITDA generated was beh...
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03 November 2022 07:42PM
11880 Solutions AG announces preliminary Q3 results and adjusts annual forecast
DE0005118806
Essen, 03 November 2022 - 11880 Solutions AG, Essen, (WKN 511880), announces its preliminary Q3 results and adjusts its full-year forecast for 2022. In particular, unexpected bad debt losses due to looming insolvencies and an increased reluctance to buy on the part of corporate customers, higher third-party service costs as well as a mandatory pri...
11880 Solutions AG
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03 November 2022 07:42PM
11880 Solutions AG announces preliminary Q3 results and adjusts annual forecast
DE0005118806
Essen, 03 November 2022 - 11880 Solutions AG, Essen, (WKN 511880), announces its preliminary Q3 results and adjusts its full-year forecast for 2022. In particular, unexpected bad debt losses due to looming insolvencies and an increased reluctance to buy on the part of corporate customers, higher third-party service costs as well as a mandatory pri...
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10 August 2022 08:00AM
Customer growth in the second quarter
DE0005118806
Essen, 10 August 2022 - 11880 Solutions AG generated revenues of EUR 27.2 million in the first half of 2022 (H1 2021: EUR 28.8 million) and is thus in line with its annual planning. In the second quarter, turnover of EUR 13.7 million was slightly above the turnover of the first quarter. EBITDA at Group level amounted to EUR 0.6 million in the first...
11880 Solutions AG
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10 August 2022 08:00AM
11880 Solutions AG presents half-year results 2022: Customer growth in the second quarter
DE0005118806
Essen, 10 August 2022 - 11880 Solutions AG generated revenues of EUR 27.2 million in the first half of 2022 (H1 2021: EUR 28.8 million) and is thus in line with its annual planning. In the second quarter, turnover of EUR 13.7 million was slightly above the turnover of the first quarter. EBITDA at Group level amounted to EUR 0.6 million in the first...
11880 Solutions AG
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11 May 2022 08:00AM
11880 Solutions AG presents results for the first quarter of 2022: Moderate decline in revenue – stable order situation
DE0005118806
Essen, 11 May 2022 – 11880 Solutions AG generated revenues of EUR 13.5 million (Q1 2021: EUR 14.4 million) in the first quarter of the 2022 financial year. EBITDA was EUR 0.3 million in the first three months of 2022 (Q1 2021: EUR 0.9 million). "The moderate decline in revenue is factored into our internal planning and is primarily due to effects ...
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31 March 2022 08:00AM
11880 Solutions AG looks back on successful 2021 financial year: revenue and EBITDA massively improved
DE0005118806
Essen, 31 March 2022 - 11880 Solutions AG today announced that it grew its revenue by 11.3 percent to EUR 56.5 million in the 2021 financial year (2020: EUR 50.8 million). Consolidated EBITDA almost doubled year-on-year to EUR 5.8 million (2020: EUR 3.0 million), well above the original full-year forecast issued for 2021. At EUR 1.0 million, the Co...
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31 January 2022 08:41AM
11880 Solutions AG significantly raises EBITDA forecast 2021
DE0005118806
Essen, 31. January 2022 - 11880 Solutions AG, Essen, (ISIN DE 0005118806), is expected to significantly exceed the EBITDA forecast of EUR 3.1 to 4.3 million issued at the beginning of 2021. Based on the still ongoing preparation and audit of the 2021 consolidated financial statements, the company currently expects EBITDA of EUR 5.6 to 6.1 million f...
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09 November 2021 08:00AM
11880 Solutions AG with successful nine-month balance sheet 2021: Sales significantly increased compared to previous year, EBITDA strongly improved
DE0005118806
Essen, 9 November 2021 - 11880 Solutions AG has successfully completed the first nine months of the current financial year: As of 30.09.2021, revenues increased by 17.6 percent compared to the previous year and amounted to € 42.9 million at Group level (30.09.2020: € 36.5 million). The EBITDA grew by 77.3 per cent to € 4.1 million (30.09.2020: € 1....
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08 November 2021 12:38PM
11880 Solutions Supervisory Board extends Christian Maar's contract early: The third term of office following his appointment as Chairman of the Executive Board starts on 1 April 2022
DE0005118806
Essen, 08 November 2021 - The supervisory board of 11880 Solutions AG has now succeeded in securing the services of CEO Christian Maar for a third term. With an early contract extension, the manager, who was appointed CEO of the company on 29 April 2015, has now been signed up for a further five years and will thus lead 11880 Solutions AG until at ...
11880 Solutions AG
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10 August 2021 08:00AM
11880 Solutions AG exceeds internal forecasts: Revenues and EBITDA increase significantly in the first half of 2021
DE0005118806
Essen, 10 August 2021 - 11880 Solutions AG has successfully completed the first half of 2021: Consolidated revenue rose to EUR 28.8 million (H1 2020: EUR 24.0 million), while the EBITDA generated at Group level was EUR 2.6 million as of 30 June 2021 (30 June 2020: EUR 1.4 million). In both business segments, revenue and EBITDA increased significan...
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11 May 2021 08:00AM
11880 Solutions AG continues to grow in the first quarter of 2021: Revenue increases by 19 percent - EBITDA more than doubled
DE0005118806
Essen, 11 May 2021 - 11880 Solutions AG was able to continue its growth trend in the first quarter of 2021. Compared to the same quarter in 2020 (EUR 12.1 million), revenue increased by 19 percent to EUR 14.4 million. Of this amount, EUR 11.0 million accounted for the Digital business (Q1 2020: EUR 9.0 million) and EUR 3.3 million for the Directory...
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27 April 2021 08:00AM
E-sharing provider rhingo and KRuiser rely on 11880 expertise
DE0005118806
DGAP-Media / 27.04.2021 / 08:00 Essen, 27 April 2021 - 11880 Solutions AG has again won two new customers in its third-party call centre business: The e-sharing providers rhingo from RheinEnergie AG in Cologne and KRuiser from SWK MOBIL in Krefeld will have all consumer questions about the booming offer of rental e-scooters answered by the e...
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30 March 2021 08:00AM
11880 Solutions AG announces figures for financial year 2020: Successful growth despite coronavirus crisis
DE0005118806
Essen, 30 March 2021 - 11880 Solutions AG today announced that it continued on its growth trajectory despite the restrictions triggered by the pandemic and increased revenue by 7 percent to EUR 50.8 million in the 2020 financial year (2019: EUR 47.7 million). Bucking the general economic downturn, consolidated EBITDA of EUR 3.0 million was up EUR 0...
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05 November 2020 08:00AM
Nine-month results: 11880 Solutions AG reports revenue and EBITDA growth even in crisis year 2020
DE0005118806
Essen, 5 November 2020 - 11880 Solutions AG today announced a significant year-on-year increase in revenue for the first nine months of financial year 2020 despite a difficult economic environment. At EUR 36.5 million, revenue as of 30 September 2020 was up EUR 1.2 million compared with the previous year (30 September 2019: EUR 35.2 million). The c...
11880 Solutions AG
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10 September 2020 04:33PM
11880 Solutions AG fully implements capital increase from authorised capital in return for cash and non-cash contributions - subscription offer significantly oversubscribed
DE0005118806
Essen, 10 September 2020 - 11880 Solutions AG (WKN 511880) today successfully implemented the capital increase from authorised capital in return for cash and non-cash contributions adopted on 26 August 2020. Under the subscription and over-subscription offer and the subsequent private placement, a total of 3,893,000 new no-par value bearer shares o...
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26 August 2020 01:14PM
11880 Solutions AG ignites next stage of growth and acquires Fairrank GmbH to enable rapid expansion of market position
DE0005118806
Essen, 26 August 2020 - 11880 Solutions AG intends to acquire Fairrank GmbH as part of the capital increase from authorised capital in return for cash and non-cash contributions announced today. Fairrank, a Cologne-based online marketing agency, supports clients from various industries in search engine marketing, web development and social media ac...
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26 August 2020 01:13PM
11880 Solutions AG adopts resolution to implement capital increase from authorised capital in return for cash and non-cash contributions and acquires Fairrank GmbH
DE0005118806
Essen, 26 August 2020 - The Management Board of 11880 Solutions AG (WKN 511880) today adopted a resolution, approved by the Supervisory Board, to implement a capital increase from authorised capital in return for cash and non-cash contributions by issuing up to 3,893,000 new shares carrying pre-emption rights. The subscription ratio is 27:5. The m...
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06 August 2020 08:00AM
11880 Solutions AG continues on its growth trajectory in the first half of 2020: Higher revenue and improved EBITDA even during the crisis
DE0005118806
Essen, 6 August 2020 - 11880 Solutions AG today announced that despite the coronavirus crisis it has succeeded in achieving continued growth in the first half of 2020 and generating higher revenues year-on-year. The company again was able to increase the number of contract customers in the Digital business significantly by almost 3,000 to 41,664. ...
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More 11880 Solutions AG related information
Type Total Last Made by Go to
Corporate Research 0 - - Corporate Research
Directors Dealings 1 11th October 2023 Maar, Christian DD
Short Seller (DE) 0 - - SSR (DE)
Short Seller (UK) 0 - - SSR (UK)
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