- Net sales of
EUR 4 538 thousand (EUR 6 805 thousand in Q4 2022) -
EBITDA of
EUR 848 thousand (589) and EBITDA margin of 18.7 percent (8.7%) -
EBIT of
EUR 791 thousand (528) and EBIT margin of 17 percent (7.8%) -
Net earnings after tax of
EUR 247 thousand (1 744) and net EAT margin of 5.4 percent (25.6%)
- Net sales of
EUR 15 871 thousand (EUR 25 497 thousand in 2022) -
EBITDA of
EUR 2 006 thousand (1 020) and EBITDA margin of 12.6 percent (3.9%) -
EBIT of
EUR 1 842 thousand (603) and EBIT margin of 11.6 percent (2.4%) -
Net earnings after tax of
EUR 958 thousand (1 240) and net EAT margin of 6 percent (4.9%)
October - December key developments
- Focus on cashflow and streamlining of business operations
-
Approximately
EUR 400 thousand amortization and settlement payments made in 23Q4 - Disruptions within the board of directors and management led to the Chairman stepping in as interim CEO in October
-
All
Talkpool's businesses performed well. The companies inSwitzerland andGermany continued the positive trend. The business inPakistan improved performance in Q4 after three poor quarters - Earnings continue to improve: EBITDA, EBIT and EAT (Earnings After Tax)
-
The process of selling our business in
Pakistan has taken a very long time. A binding offer has been received but no agreement has been made and the outcome is still uncertain
CEO Comments
The company has during 2023 refocused its business on telecom network services while continuing the streamlining of its business. Operational performance improved and loans were reduced throughout 2023.
Profit and Loss Accounts as well as Balance Sheets continued to strengthen and shrink during the calendar year 2023. For the first time in many years, the:
- consolidated equity reached above zero
- Swiss headquarters reached a net profit in 23Q4 and for the full year 2023
Income from operations covered all HQ overhead costs including listing costs in
The German fixed network planning operation continued to impress in the 4th quarter. In addition to the increasingly positive operational cashflow, the German business has received (mainly unused) bank credit lines amounting to a total of around
A major shareholder (MW) that has sold a large amount of TALK shares over the market from 2021 until 2023, has sold his last
Traders in
Beginning of 2024
I'm filled with energy to take on any remaining challenges, trim our business further and prepare for a new dream. I believe this positive energy is starting to show results.
The sales attempts of the Pakistani business continue to drag on. Although an agreement with a buyer still isn't unlikely after receiving a binding offer and concluding Due Diligence, the delay in negotiations with interested buyers continues to be a major insecurity. A decision has been made to discontinue attempts to sell the Pakistani business if it hasn't been sold by the end of
I'm very glad to announce that Erik Strömstedt has decided to stay with
Preparations for the launch of a share options scheme are well underway and I hope to announce the launch in
We've started to develop a new strategy in
Further information
Magnus Sparrholm, Interim CEO
Telephone: +41 79 758 15 48
magnus.sparrholm@talkpool.com
Telephone: +41 79 333 59 71
erika.loretz@talkpool.com
Gäuggelistrasse 7 | Telephone: +41 81 250 20 20 |
CH-7000 Chur | Mail: info@talkpool.com |
Web: www.talkpool.com |
This information is inside information that
https://news.cision.com/talkpool-ag/r/year-end-report-january---december-2023,c3943995
https://mb.cision.com/Main/14365/3943995/2661852.pdf
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