AVENIR TELECOM: 2.7 times sales from 2021 to 2022 and further improvement of results-May 17, 2022 08:30

Marseille, May 17, 2022

.. Avenir Telecom, a design and distributor of mobile phones and mobility accessories, sold under a worldwide exclusive brand license.

Energizer®

Announces annual revenue and revenue forecasts for the 2021-202 fiscal year (period from 1)

er

From April 2021 to March 31, 2022).

(Millions of euros)

2020-2021

2021-2022

change

over 1 year

turn over

16.1

43.8

+ 171.5%

Operating income

(1.8)

CN


Net financial expenses

(1.1)

CN


Net income from continuing operations

(2.9)

CN


Record sales since fiscal year 2017-2018

Avenir Telecom will end its fiscal year 2021-202 with annual sales of € 43.8 million. In other words, it is 2.7 times higher than the income level of the previous fiscal year. In particular, the Group has returned to an unparalleled level of activity since fiscal year 2017-2018.

[1]

, The period during which Avenir Telecom implemented the continuity plan. Management demonstrates the ability to reconnect to a large number of businesses through strategic choices.

This growth is the result of a 22% increase in invoices from the sale of mobile phones and accessories (€ 24.2 million) and the contribution of laptop computer sales launched during the fiscal year (€ 19.7 million).

This new activity has increased sales in Europe, the Middle East and Africa (75% of sales), and the Asia Zone (25% of sales) has benefited from the continued expansion of the mobile distribution network. ..

Significant improvement in profits from continuing business

Thanks to this growth and very good cost management in the still complex macroeconomic environment (especially component shortages and logistics difficulties), Avenir Telecom has a clear improvement in operating profit and net profit from continuing operations. You will need to provide an annual report showing that you have been. 2020-2021 Fiscal year level.

Again, these are the best results published since the implementation of the recovery plan.

1

..

€ 25 million cash available as of the end of March 2022

With this solid performance and the strength of € 25 million in cash available at the end of March 2022, Avenir Telecom is approaching a new fiscal year with tranquility, compared to € 16.2 million in the previous year.

The Group has several strategic options for maintaining commercial and financial momentum and will reveal development projects when announcing its annual financial results.

about

Future Telecom

Avenir Telecom Group is a designer and distributor of mobile phones and mobility accessories sold under an exclusive and global brand license.

Energizer®


..

The product currently exists in more than 55 countries and more than half of its sales are made internationally. Avenir Telecom is listed on Euronext – Compartment C (FR0013529815 – AVT) in Paris. Avenir Telecom’s share is part of the CAC Mid & Small and CAC Technology Indexes.

Press and investor contacts

Veronique Hernandez

Jerome Fabreguettes-Leib

Amaury Dugast

Management Director

And finance

Public relations activities for investors

Public relations

+33 4 88 00 60 00

+33 1 53 67 36 78

+33 1 53 67 36 74

[email protected]

[email protected]

[email protected]

Find all the financial information above

corporate.avenir-telecom.com


[1]

Excludes revenue from discontinued operations


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Regulatory information:


Inside information:

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