NEPTUNE WELLNESS SOLUTIONS INC.: Entering into a Final Material Agreement, Unrecorded Sale of Securities, Material Adjustment of Equity of Securities, Other Events, Financial Statements and Expositions (Form 8-K)

11-22-22: EPSILON NET GROUP: Core Financial Figures for the Nine Months of 2022 Significant 60% increase in turnover and 92% increase in EBIT

Epsilon Web Group of Corporationsin continuously and repeatedly implementing its marketing strategy, recorded through the 9 months of 2022, a big improve in its complete monetary figures, proving its main place within the discipline of enterprise software program within the Greek market.

The continued progress and monetary outcomes (regardless of the particular worldwide geopolitical circumstances and the influence on the Greek financial system) affirm the strategic selections of the group to:
• Excessive charges of natural progress based mostly on recurring income and profit from current purchasers
• Built-in exploitation of the digital transformation of Greek corporations
• Steady growth of the product portfolio with the goal of offering an “all-in-one resolution” for every discipline of exercise
• A dynamic plan for focused acquisitions, to additional improve the client base and vertical market penetration.

The essential monetary figures for EPSILON NET Group for the 9 months of 2022 are as follows:

Key monetary numbers 1/1/2022 – 30/9/2022:

Group (hundreds of euros)

1/1/2022-30/09/2022

1/1/2021-30/09/2021

(%)

rotation

45,725.15

28564.81

60.08%

EBITDA

13,719.93

7,832.21

75.17%

EBIT

11,080.20

5,819.28

90.41%

EBT

10,619.68

5,525.61

92.19%

Key monetary numbers 7/1/2021 – 9/30/2021:

Group (hundreds of euros)

1/7/2022-30/09/2022

1/7/2021-30/09/2021

(%)

rotation

14973.22

10,736.30

39.46%

EBITDA

2,977.15

1,637.73

81.79%

EBIT

2,096.97

615.06

240.94%

EBT

2,026.59

549.34

268.91%

The excessive progress charges of monetary numbers with an total improve of 60.08% in buying and selling quantity, a 75.17% improve in EBITDA, and a 92.19% improve in EBITDA are the results of each. Dynamic natural progress From the corporate ((55% of the entire improve within the turnover for the 9 months), in addition to contributing to the gross sales and profitability of the corporate Goal acquisitions The group applied it in 2020-2021 and continued repeatedly in 2022.

Considerably improved monetary outcomes for the third quarter of 2022 embrace for the primary time outcomes for Resort Availability and BookOnLineNow (from 01/08/2022 to 30/09/2022) and outcomes for HotelonCloud for one month solely (from 08/09/2022 to 30/09/2022). 2022).

The essential numbers of the monetary place

Group (hundreds of euros)

1/1/2022-30/09/2022

1/1/2021-30/09/2021

Money and the like

21,489.02

18,120.46

Long run borrowing

6798.41

9,509.61

Long run leases

2,848.32

1,691.39

Banks – long-term liabilities payable within the subsequent monetary 12 months

10,931.14

6331.26

Lengthy-term rental liabilities due within the following monetary 12 months

730.48

570.20

internet borrowing

(180.66)

(17.99)

the monetary worth

49,703.09

35410.42

Whole capital used

49,522.43

35,392.43

Leverage price

(0.0036

(0.0005)

group liquidity Continues to maneuver at very passable ranges (money and money equivalents of €21.49m), regardless of massive acquisitions that had been absolutely paid off through the 9 months of 2022, (CSA, DIGITAL 4U, TAXHEAVEN, BookOnlineNow, HotelonCloud) offering group administration with The power to proceed the enlargement program by acquisitions and implementing new motion steps. Furthermore, through the 9 months of 2022, he rose Group fairness (+40%) It was considerably boosted and amounted to 49.70 million euros.

The Group has a unfavorable internet debt of €0.18 million. The quantity of €2.89 million shouldn’t be included within the internet unfavorable debt calculation and is invested in mounted revenue securities.

Consider the potential results of a rise in inflation charges& power prices

EPSILON NET Group maintains a sound monetary construction (unfavorable internet debt) in order that the rise in rates of interest doesn’t have a big influence on its enterprise exercise and the implementation of the funding plan. It was confirmed that many of the mortgage commitments had been entered into on favorable phrases, because of the superb monetary situation and prospects of the Group.

The group has already modified its operations to ensure as a lot as doable Elevated prices of power and uncooked supplies It is not going to considerably have an effect on its monetary outcomes, given the character of its corporations’ exercise sector, These prices are usually not concerned Considerably in manufacturing prices, the event of latest info methods and repair supply.

On the similar time, the continued improve in gross sales of Greek corporations within the third quarter of 2022 helps the enlargement of investments within the discipline of digital transformationwhich is anticipated Intensification because of the provision of incentives by monetary packages (From the Non-public Sector Restoration Fund, which is already underway and the brand new NSRF 2021-2027 and anticipated to start out on the finish of 2022). The Group’s administration estimates that the demand for technological services will proceed to fluctuate at excessive ranges, with the consequence that the inflationary pressures noticed within the normal financial system in Europe and Greece (particularly in consumption) is not going to be a consider stopping the Group’s enterprise. Gross sales progress goal for 2022.

Technique – Views

The numerous occasions for the third quarter of 2022 had been:
• Acquisition of a majority stake in three corporations within the hospitality sector (BookOnlineNow, HotelOnCloud, Resort Availabilities) with the goal of strengthening the product portfolio (Reserving engine, channel supervisor) within the hospitality sector, which is a strategic sector for the group’s enlargement in Greece and overseas.
• Full new options to implement the brand new laws of the United Arab Emirates digital enterprise card its interconnection with the DOL’s ERGANI II system and its practical interdependence and integration into the Group’s current portfolio of PAYROLL / HRMS purposes and
• Strengthening technological cooperation with scrutGreece’s largest e-commerce platform.

After current acquisitions, the variety of energetic purchasers of the group is now over 125,000whereas implementing the profitable integration mannequin of latest subsidiaries and operational integration of enterprise models, decisively contributes to Obtain economies of scale and enhance internet working margin on an annual foundation. On the similar time, the group’s administration is consistently finishing up the evolution of the product and repair portfolio, benefiting from the continual enlargement of shoppers with the last word objective of regularly growing services. “The final word return for every buyer”. With the identical consistency, it plans to develop the built-in value-added ecosystem and supply an “all-in-one resolution” to its prospects.

As well as, as already introduced by the group’s administration a number of days in the past, Signing a memorandum of understanding with the Nationwide Financial institution of Greecewhich is able to lengthen and complement the ‘all-in-one’ strategic strategy by leveraging a mix of:
• Teams “what do you imply we do for you” And the “E-Commerce” info methods, with
• Modern capabilities of technological methods “embedded financing” And the Banking as a Service Hellenic Nationwide Financial institution.

Implementation of the strategic settlement, will result in the creation of Distinctive to Greek requirements “technological ecosystem”which can be given by the group’s instruments the potential for offering built-in companies to the tip buyer – companies (no matter their dimension) with guiding capabilities:

  • Transaction automation

  • Executing funds and cash transfers

  • Accepting funds in a number of digital methods

  • Speed up the procedures for evaluating lending purposes

  • Simplify rolling monetary analysis procedures

  • Profit from B2B methods and buyer loyalty

  • Microfinance for suppliers and prospects

  • Complete info

  • Use of digital pockets methods

On an operational and monetary stage, the strategic partnership will allow the EPSILON NET group to:
• Benefiting from and benefiting from the present prospects of the 2 teams
• Attracting new prospects
Create new income strains, “on prime” In present income classes for enterprise software program merchandise.

Lastly, the group’s administration, after the numerous improve (regardless of the tough circumstances created within the European and Greek economies) within the monetary figures for the 9 months, Conclusively confirms its estimate of +50% improve in annual income for the group for the 12 months 2022 In comparison with 2021 and reaching a year-over-year EBITDA margin of over 30%. On the similar time, and based mostly on the constant implementation of the 2022 marketing strategy and strategic cooperation with the Nationwide Financial institution of Bahrain, the group’s administration estimates that the foundations have been laid for detailed planning for New growth course in Greece and overseas for the 12 months 2023-2025.

Mr. Ioannis MichosCEO of EPSILON NET, commenting on the outcomes, made the next assertion:
As I discussed, 2022 is for the EPSILON NET group, a 12 months that confirms our main place within the discipline of enterprise software program in Greece. Attaining our strategic partnership with the NBG Group is now the premise for our group’s growth and complete enlargement within the discipline of monetary expertise.
Group administration, our engineers and executives, we’re already planning the following. With ardour and imaginative and prescient, we proceed the brand new growth path.”

For extra info, please contact:
Investor Relations Division:
E-mail: [email protected]

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