BRIEF

on ADEUNIS (EPA:ALARF)

Adeunis half-yearly turnover as of September 30, 2024

Stock price chart of ADEUNIS (EPA:ALARF) showing fluctuations.

Adeunis, a specialist in IoT solutions for Smart Buildings, has revealed half-yearly sales of €2,840k as of September 30, 2024. This increase represents an increase of €805k compared to the previous financial year. This improvement is due to a one-off catch-up, particularly in Europe and France. The “catalog” and “customized” products contributed to this growth, despite a drop in sales of M2M Modules.

The earnings outlook remains gloomy with negative adjusted EBE and net income. A capital increase, recommended by the Board of Directors, is planned for early 2025. Webdyn has committed to subscribing to its share, i.e. 71.5% of the capital.

In addition, shareholders voted to change the fiscal year-end date to December 31, in order to align the accounting with that of the main shareholder.

R. E.

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