Brief: Targetspot Eyes EBITDA Margin Above 15% In 2025

Winamp SA

17/10/2022 17:40

Oct 17 (Reuters) - Targetspot SA  ALTGS.PA :
    * TARGETSPOT: AUDIO 2025 STRATEGIC PLAN: INITIATING A NEW
CYCLE OF
GROWTH
    * H1 2022 RESULTS: REVENUE GROWTH OF 17.6%
    * H1 POSITIVE EBITDA EXCLUDING WINAMP
    * AUDIO 2025 STRATEGIC PLAN: INITIATING A NEW CYCLE OF
GROWTH -
REVENUE TO REACH EUR 50M MARK
    * AUDIO 2025 STRATEGIC PLAN: INITIATING A NEW CYCLE OF
GROWTH -
EBITDA MARGIN TARGET OF ABOVE 15%
    * TARGETSPOT GROUP GENERATED H1 REVENUE OF EUR 14.5M
    * GROSS MARGIN ROSE 24.5% GROUP-WIDE IN H1 2022 TO EUR 7.2
MILLION
    * H1 EBITDA WAS NEGATIVE AT -EUR 2M
    * H1 NET RESULT LOSS EUR 5.6 MILLION VERSUS EUR 3.3 MILLION
YEAR
AGO

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