DGAP-News: UET United Electronic Technology AG
/ Key word(s): Annual Results/Annual Report
• Revenues increased to EUR 41.723 million
• EBITDA increased to EUR 5.622 million • positive earnings per share • positive Cash flow from operating activities
UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, today publishes financial figures for the financial year 2021. In the 2021 financial year, the UET Group generated consolidated revenues of EUR 41.723 million (previous year: EUR 30.178 million). The background to the significant increase in revenues is, on the one hand, the increased installation services of products in the SYSTEMS business unit and, on the other hand, the increased project business within the SERVICE business unit. For the 2021 financial year, the UET AG posted positive consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) of EUR 5.622 million after EUR 0.497 million in the previous year. EBIT (earnings before interest and taxes) amounted to EUR 2.582 million (previous year: EUR -2.388 million). The consolidated result attributable to the shareholders of UET AG amounted to EUR 0.018 million after taxes for the financial year 2021 and resulting in positive earnings per share, compared to EUR -0.20 per share in the previous year. The equity of the UET Group amounted to EUR 3.612 million as of December 31, 2021 (previous year: EUR 2.751 million). Cash flow from operating activities was positive and amounted to EUR 3.187 million (previous year: EUR -2.470 million). At the end of the 2021 financial year, liquid funds in the UET Group amounted to EUR 3.558 million compared to EUR 5.048 million in the previous year. The auditor carried out the audit work for the annual financial statements of UET AG and the UET consolidated financial statements. The publication of the audited and certified annual financial statements including the UET annual report has been postponed due to a financing round that is still ongoing (see Ad-hoc report of June 30th, 2022). Regarding the UET Annual General Meeting in Eschborn scheduled for August 30, 2022, the Company will provide information in due time. The interim report for the 2021 financial year will be available on the company's website (www.uet-group.com) as of June 30, 2022.
Contact: UET United Electronic Technology AG D-65760 Eschborn, Frankfurter Str. 80-82 Sebastian Schubert, Investor Relations Tel: + 49 (0) 6196 777755-0 Email: investor@uet-group.com
30.06.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | UET United Electronic Technology AG |
Frankfurter Straße 80-82 | |
65760 Eschborn | |
Germany | |
Phone: | +49 (0)6196-7777550 |
Fax: | +49 (0)6196-7777559 |
E-mail: | investor@uet-group.com |
Internet: | www.uet-group.com |
ISIN: | DE000A0LBKW6 |
WKN: | A0LBKW |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Stuttgart |
EQS News ID: | 1387983 |
End of News | DGAP News Service |
|
1387983 30.06.2022
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.