HOLOSFIND (ALHOL): S1-2015 Report Very Significant Improvement, Positive Net Income

Nov 04, 2015, 13:56 ET from HOLOSFIND

PARIS, Nov. 4, 2015 /PRNewswire/ -- Holosfind (FR0010446765 - ALHOL) today announced its results for the first semester 2015.

The strategic plan for 2015 -2017 is bearing its first results and the indicators are in the green.

  • EBITDA is positive 20 K € against a loss in -72 K € for same period in 2014.
  • The PNL is also positive at 62 K € against a loss of 1,043 K € in 2013.
  • The NOI is at 108 K € against a net loss from 1,048 K € in 2014.

The Revenue for the period, mostly generated through SEO activities, is in line with management expectations since the group focuses its strategy on marketing its software platform "Social Retail". Initiated restructuring efforts and business model changes enabled a reduction in personnel expenses and a better control on purchases and other expenses in the first half of 2015.

From a global perspective, the profitability of the first half of 2015 is consistent with management's expectation.

 

INCOME STATEMENT

06/30/14

06/30/15

CONSOLIDATED H1 2015 (in EUR) *







CA


853   720

425   480

EBITDA


-72   451

21   790





Net operating result

-1   043   920

62   949

Net profit

-1   048   920

108   180

* Unaudited figures



 

Since the closing of December 31, 2014 to June 30, 2015, the consolidated balance sheet shows encouraging signs, the main indicators are:

  • Provisions for contingencies are down 24% due to favorable settlement of various ongoing litigation for € 238 200 euros.
  • The outstanding suppliers' debt is down 9% due to the various payments made to the tune of 137,000 euros.
  • Payroll and tax debts fell sharply to - 23% or 524 030 euros.
  • The share capital increased by 35% since last reporting or 2 million euros in the logic of the financing plan 2015-2017.

"The efforts are beginning to bear fruit, all the lights are green, recognizing that there is still room for improvement. But the different marketing events and studies we have conducted all demonstrate that connected objects will have more and more space in everyone's personal and professional life. We have a great team, an innovative and fantastic technology." Declares Sylvain Bellaiche Fondateur - CEO.

About HOLOSFIND - REFERENCEMENT.COM
The HOLOSFIND Group - REFERENCEMENT.COM founded in 1996 by Mr. Sylvain Bellaiche develops a unique offering in the market through its REFERENCEMENT.COM offering, and now its convergence platform SOCIAL RETAIL ®.

REFERENCEMENT.COM is a leading SEO and SEM field in the airline industry.

DIGITAL SOCIAL RETAIL, the American division of the Group, provides a "Physical Web" convergence platform that is revolutionizing the customer relationship to brands and retail outlets.

GROUPE NAIA, subsidiary of Digital Social Retail, is leader of iBeacon market in France with its brands www.groupe-naia.fr, www.ibeaconstore.fr, www.mizzybeacon.com

Certified "Innovative Company" by OSEO innovation, HOLOSFIND is eligible for FCPI and PEA-PME investments in France. HOLOSFIND is listed on NYSE Alternext – Paris
ISIN : FR0010446765 – ALHOL (Visa AMF : 08-090)





Sylvain Bellaiche

Founder, CEO

+331 73 54 75 00

                    

Eric Kimbembe

CFO

+331 73 54 75 00






SOURCE HOLOSFIND