AI Terminal
Shelly Group SE
Earnings Release • Apr 14, 2022
2562_rns_2022-04-14_f5de5df4-2a8a-4248-9180-7b786eb2dfe1.html
Earnings Release
Open in ViewerOpens in native device viewer
News Details
Ad-hoc | 14 April 2022 10:00
Allterco JSCo announces preliminary sales revenues Q1 2022
Allterco JSCo / Key word(s): Quarter Results
Allterco JSCo announces preliminary sales revenues Q1 2022
14-Apr-2022 / 10:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Publication of inside information according to Article 17 MAR
Allterco JSCo announces preliminary sales revenues Q1 2022
Sofia / Munich, 14 April 2022 – Allterco JSCo ( ticker A4L / ISIN: BG1100003166 ) (“Allterco”), a provider of IoT and smart home products based in Sofia, Bulgaria, announces a 26.2% year-on-year increase in consolidated revenue from sales of devices (including related services) to BGN 17.4 million (EUR 8.9 million) in Q1 2022, based on preliminary data. While the revenue from sales of Shelly-branded smart home devices increased by 25.1%, amounting to BGN 16.6 million (EUR 8.5 million), the revenue from sales of MyKi tracking devices decreased by 8.7% to BGN 447 thousand (EUR 229 thousand), showing trend of recovery mainly as a result of the phasing out the anti-pandemic measures taken by the governments of a number of countries where the devices are being sold.
Considering the seasonal fluctuations in sales, the reported results are in line with the expectations of the management and their planning for 2022 and are based on sales growth of the Company’s current main product lines.
The Company will officially disclose consolidated financials for Q1 2022 within the statutory deadlines until 30 May 2022.
EUR/BGN exchange rate as of 14 April 2022 – EUR 1 = BGN 1.95583
For further information, please visit allterco.com .
Investor Relations contact
CROSS ALLIANCE communication GmbH
Sven Pauly
E-Mail: [email protected]
14-Apr-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | Allterco JSCo |
| 103 Cherny Vrah Bldv | |
| 1407 Sofia | |
| Bulgaria | |
| E-mail: | [email protected] |
| Internet: | www.allterco.com |
| ISIN: | BG1100003166 |
| WKN: | A2DGX9 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin |
| EQS News ID: | 1327863 |
| End of Announcement | DGAP News Service |