Key figures
H1 2023-2024
(December 31, 2023)
€301m | €2.2m | €1.1m | €96.5m |
H1 revenue | Net income | Positive equity | Cash and cash |
equivalents |
€27.5m | +67% | 9.1% | 96% |
EBITDA* | Growth in EBITDA at | EBITDA margin** % | Share of |
constant exchange | international | ||
rates | revenue |
- EBITDA (Earnings before interest, taxes, depreciation and amortization) is a non-GAAP aggregate used to measure the operating performance of the businesses. It is equal to Recurring Operating Income before depreciation, amortization and share-based payments including related social security expenses and the IFRS 16 impact on the recognition of leases.
2 ** EBITDA as a percentage of revenue.
FY24 9 months Revenue
1 | Continued recovery, with sales up 2%* in the |
third quarter | |
Revenue 9m'24 | Revenue 9m'23 |
Unaudited
2 | Good growth momentum with Avanquest | 395M€ | 405M€ |
+2%* | |||
(+8%*) and myDevices (+18%*) | |||
Revenue Q3'24 | Revenue Q3'23 | ||
Continuous improvement in the effectiveness of | Unaudited | ||
3 | 94M€ | 91M€ | |
marketing investments at PlanetArt level | |||
+1%*
4 | EBITDA margin** target for FY 2023-2024 of c.10% |
maintained | |
* at constant rates | |
3 | ** EBITDA compared to revenues |
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Revenue Q3 (M€) | |
60 | 61 |
FY2023 | FY2024 |
Unaudited |
Revenue 9m (M€)
314
296
FY2023 | FY2024 |
A new path for virtuous and profitable growth
Q3 revenue of €61m, down -2% (up +2% at actual exchange rates),
Total revenue for the first 9 months to €296m (-3% at constant exchange rates and -6% at actual exchange rates)
Teams continue their efforts to improve the return on marketing investments.
4 | Unaudited |
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Revenue Q3 (M€)
2931
FY2023FY2024
Unaudited
Revenue 9m (M€)
86 | 92 |
9 | |
15 | |
71 | 83 |
FY23 | FY24 |
Unaudited | |
Core | Non core |
Avanquest's quarterly sales rose 8% to €31m (+7% at actual exchange rates)
9-month revenue of €92m, up from €86m year on
year, representing growth of 12% (+7% at actual exchange rates).
Growth of core activities (90% of total revenues)
over 9 months :
- At constant rates: + 38% for Adaware, +6% for Soda PDF, +4% for InPixio.
Non-core* activities now account for only 10% of sales, or €9m at March 31, 2024, down 43% over the period
*Non-core: distribution of third-party software and other non-core activities (Europe: Retail France & Germany, Marketplace) USA (Retail, bundle, Core distribution)
5
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Revenue Q3 (M€)
22
FY2023 | FY2024 |
Unaudited |
Revenue 9m (M€)
7
5
FY2023FY2024
Q3 sales of €2m, up 18% (+18% at actual exchange rates) year-on-year
For the first nine months, revenue rose 54% to €7m (+48% at actual exchange rates).
€3.4m in annual recurring revenue (ARR), an increase of 10% (+5% at actual exchange rates)
210 partners at March 31, 2024.
6 | Unaudited |
Governance
evolution
7
Governance organized around expertise and independence
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Marc Goldberg
Chairman of the Board of Directors
Michele Anderson
Member of the Board of Directors and Chair of the CSR Committee
Gabrielle Gauthey
Member of the Board of Directors
and the Audit Committee
Daniel Assouline
Observer
Craig Forman
Vice-President of the Board of Directors and Chair of the Appointments and Compensation Committee
Michael Dadoun
Member of the Board of Directors and the
Appointments and Compensation Committee
Christine Hedouis
Member of the Board of Directors and Chair of
the Audit Committee
Resignation of Mr. Francis Meston (Chairman and Board member) and Mr. Roger Bloxberg (Board member)
Mr. Bloxberg continues as CEO of the company's Planet Art unit.
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Eric Gareau appointed Chief Executive Officer
Eric Gareau
CEO of Claranova and Avanquest
CEO of Avanquest since 2021, Eric Gareau has demonstrated strong leadership skills and has successfully led Avanquest's transition to a subscription-based sales business model, making it the single-biggest contributor to Claranova's operating results.
Eric Gareau joined Claranova in 2018 when the Group acquired Lulu Software (PDF) of which he was CEO since its inception in 2009. He brings more than 25 years of experience in leadership roles in sales and marketing of software and consumer goods.
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Group debt
reduction
10
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Disclaimer
Claranova SA published this content on 10 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2024 18:37:03 UTC.