25.08.2021: Talkpool Interim Report, January – June 2021

25.08.2021: Talkpool Interim Report, January – June 2021
April 1st – Jun 30th 2021 Net sales amounted to EUR 6 246 thousand
(4 889), a 27.8 percent increase EBITDA of EUR 383 thousand (183)
and EBITDA margin of 6.1 percent (3.7) EBIT of EUR 286 thousand (87)
and EBIT margin of 4.6 percent (1.8)Net earnings after tax of positive
EUR 19 thousand (-264)
Jan 1st – Jun 30th 2021 Net sales amounted to EUR 11 937 thousand
(9 770), a 22.2 percent increase EBITDA of EUR 432 thousand (188)
and EBITDA margin of 3.6 percent (1.9)EBIT of EUR 238 thousand (-5)
and EBIT margin of 2 percent (-0.1)Net earnings after tax of negative
EUR 320 thousand (-791)

 
April ­– June key developments

  • Group Revenue grew with 10% from Q1, EBITDA 8-folded and Net Profit reached EUR 19 thousand
  • IoT Revenue reached 22% of total Revenue and both Swedish IoT companies were profitable
  • Talkpool’s shares were introduced and started trading on the Frankfurt Stock Exchange
  • The formal merger of the two IoT companies Talkpool AB and Home Solutions in Sweden was initiated
  • Andreas Göth was appointed new CEO of Home Solutions
  • Talkpool communicated its new business plan and financial targets for 2025 in a Grand Master Plan II
  • The sale of Netmore shares and conversion of stock improved cash flow in Talkpool AB with SEK 7,5m
  • Loans to a total value of SEK 8’535’136 were converted into 398’367 shares
  • An IoT service agreement was signed with Profi Fastigheter for energy optimization, submetering and billing
  • Talkpool, Redytel, Netmore and Senseair formed an indoor air quality alliance based on the success in Spain
  • Talkpool Pakistan won a 2-year drive test project with China Mobile Pakistan

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