Stable business performance continues in Q1 2025
|
EQS-News: 11880 Solutions AG
/ Key word(s): Quarter Results/Quarterly / Interim Statement
Essen, 8 May 2025 - 11880 Solutions AG, a leading provider of online marketing and telephone services in Germany, has successfully completed the first quarter of the current 2025 financial year despite continued challenging macroeconomic conditions. With consolidated revenues of EUR 13.8 million (Q1 2024: EUR 14.1 million), the company confirms its stable business performance. „Especially in light of a record number of corporate insolvencies in our customer environment, we are very pleased that we were able to maintain our sales level,” said Christian Maar, CEO of 11880 Solutions AG. “In March, we recorded a year-over-year revenue increase in our digital business, which gives us confidence for the coming quarters. Following a successful consolidation of our customer base, we are now focusing more strongly on sustainable growth and efficient customer acquisition.” Group EBITDA totalled EUR 0.3 million in the Q1 2025 (Q1 2024: EUR 0.9 million). The year-on-year decrease is largely due to temporary differences in the amount of vacation provisions, which are expected to reverse over the course of the year. The digital segment, which represents the largest share of group revenue, generated EUR 11.1 million in revenue in Q1 2025 (Q1 2024: EUR 11.1 million) and an EBITDA of EUR 0.4 million (Q1 2024: €1.0 million). This result confirms the consistently strong demand for digital marketing solutions among small and medium-sized enterprises. 11880 Solutions AG plans to further strengthen its digital business this year with new product developments. Proprietary AI solutions will make processes even more efficient and customer friendly. In the directory assistance segment, revenue for the reporting period amounted to EUR 2.7 million (Q1 2024: EUR 3.0 million). EBITDA remained stable at minus EUR 0.1 million (Q1 2024: EUR -0.1 million). The business focus here is increasingly on expanding call center services for business customers to tap additional growth potential. This relatively new business already accounts for around 80 percent of the segment's revenue.
Contact: Anja Meyer 11880 Solutions AG Tel.: 0201 / 8099-188 E-Mail: anja.meyer@11880.com
08.05.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | 11880 Solutions AG |
| Hohenzollernstraße 24 | |
| 45128 Essen | |
| Germany | |
| Phone: | 0201-80990 |
| E-mail: | info@11880.com |
| Internet: | www.11880.com |
| ISIN: | DE0005118806, DE0005118806, , |
| WKN: | 511880, 511880 |
| Indices: | Prime All Share |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2132546 |
| End of News | EQS News Service |
|
|
2132546 08.05.2025 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.