Generix Group - First Semester Revenue 2019 / 2020: +7% of growth
FINANCIAL PRESS RELEASE
Paris, France, November 4th, 2019
H1 2019/2020 REVENUE: +7%
Accelerated profitability growth
expected in H1
Generix Group, Industrial, Logistics and
Retail Ecosystems provider with leading Collaborative SaaS
Solutions, issued today its revenues for the second quarter of its
2019/2020 fiscal year.
Pursuing continued growth: half-year revenue up by
7%
|
Quarter ended September 30 |
Change |
6 months ended September 30 |
Change |
Unaudited (K€) |
2019 |
2018 |
2019 |
2018 |
SaaS |
8 076 |
6 642 |
22% |
16 253 |
13 390 |
21% |
Maintenance |
4 888 |
4 761 |
3% |
9 667 |
9 454 |
2% |
Licenses |
1 029 |
1 206 |
-15% |
1 729 |
2 212 |
-22% |
Software revenues |
13 993 |
12 609 |
11% |
27 649 |
25 056 |
10% |
Consulting
Services |
5 816 |
6 269 |
-7% |
12 211 |
12 246 |
0% |
Revenues |
19 809 |
18 878 |
5% |
39 860 |
37 302 |
7% |
With €19.8 million in revenue, the group
recorded 5% organic growth over the past quarter driven mainly by
its dynamic strategic SaaS business (22% rise). The Consulting
& Services business generated a quarterly revenue of €5.8
million, impacted by an unfavorable basis effect (16% rise in
growth on the same quarter of the previous financial year) and the
IFRS 15 standard down €0.2 million.
Group revenue for the half-year was €39.9 million,
corresponding to 7% organic growth.
New SaaS contracts H1 2019/2020: €1.4 million
|
Quarter ended September 30 |
Var. Q2 2019 vs Q2 2018 |
6 months ended September 30 |
Var. 2019 vs 2018 |
Unaudited (K€) |
2019 |
2018 |
2019 |
2018 |
New SaaS contracts signing (ACV*) |
677 |
1 311 |
-48% |
1 359 |
2 481 |
-45% |
*New contracts expressed in ACV (Annual Contract
Value), which emphasizes the average annual complementary revenue
to be generated after implementing the contracts in question.
Generix Group registered €0.7 million over the
last quarter in new contracts. For the current financial year, the
group is set to recover its traditional seasonality of signatures,
with a more dynamic second half-year than the first, a trend
confirmed by the signatures already recorded in the third quarter
and by the quality and maturity of the commercial pipeline. This
seasonality was periodically reduced in the previous financial
year, which led to a 62% increase in signatures for H1
2018/2019.
Accelerated profitability growth expected in H1
The continued growth observed over the last
quarter, combined with the Group’s work on its two strategic
aims—improving its operating excellence and accelerating its
international roll-out—, enables the Group to anticipate an
accelerated growth in its EBTIDA for the first half-year of
2019/2020 and to reassert its financial objectives for the
financial year.
Emission of stock warrant subscriptions
As an extension of the emission of stock warrant
subscriptions in November 2018, with the aim of associating the
members of the Management Board with the Group's development1, on
September 4, 2019 Generix Group emitted 1,108,388 stock warrants
subscribed by Ms. Aïda Collette-Sène, Chief Executive Officer and
member of the company’s Management Board. Ms. Collette-Sène
released the full amount of stock warrant subscriptions,
corresponding to a sum of 580,056 euros, confirming her confidence
in Generix Group.
This emission, made as part of a delegation
authorized by the general meeting of September 26 2019, was
composed of two tiers: 738,925 stock warrants subscribed at €0.62,
exercisable at 5 euros and 369,463 stock warrants subscribed at
€0.33, exercisable at 6 euros. Each stock warrant subscription
exercised entitles the holder to a new ordinary share. Stock
warrants are exercisable between April 1, 2021 and September 26,
2022. New ordinary shares can only be sold from September 26, 2021
(“lock-up”), or in the event of a specific financial operation.
Next financial press release: November 25th,
2019 after the market closes
Results of the first half of the fiscal year
2019/2020
About Generix Group
Generix Group is a
Collaborative Supply Chain expert present in 60 countries, thanks
to its subsidiaries and network of partners. More than 6,000
companies around the world use its SaaS solutions. The group’s 550
employees provide daily support for such customers as Carrefour,
Danone, FM Logistic, Fnac-Darty, Essilor, Ferrero and Geodis in the
digital transformation of their Supply Chain.
Its collaborative platform, Generix
Supply Chain Hub, helps companies to keep the promises
they make to their customers. It combines the capabilities to
execute physical flows, digitalize information flows, manage
collaborative processes and connect companies to all their
partners, in real time.
Generix Supply Chain Hub is
aimed at all players in the Supply Chain: manufacturers, third- and
fourth-party logistics providers (3PL/4PL) and retailers.
www.generixgroup.com
Founded in France in 1990, the company is listed on
the Eurolist market of Euronext Paris, compartment C (ISIN:
FR0010501692). To learn more: www.generixgroup.com
Financial Communication Contacts: Generix Group –
Ludovic Luzza – Chief Financial Officer – Tel.: +33 (0)1 77 45 42
80 – lluzza@generixgroup.comCM-CIC Market Solutions –
Stéphanie Stahr – Tel.: +33 (0)1 53 48 80 57 –
stephanie.stahr@cmcic.fr
1 See press release dated November 5, 2018
- EXT-EN-FINA-CP-CA-Q2-2019-2020