Net sales

Lleida.net sales exceeded five million euros in the best quarter in its history

MADRID , May 3, 2022 /PRNewswire/ — Lleida.net (OTCQX: LLEIF) (BME: LLN) (EPA: ALLLN) reported a 31% increase in sales in the first quarter of 2022, compared to the same period of the year previous, reaching €5.21 millionthe best sales quarter in its history.

This amount represents a growth of 1.2 million compared to the 3.9 million recorded in the first quarter of 2021.

“These results reflect that the company continues to grow as a market leader in our industry, making money quarter after quarter and delivering value to customers and shareholders,” explained Sisco SapenaCEO and first shareholder.

All business lines saw double-digit growth during the period, with its SaaS line reflecting full consolidation, growing 36%, or €563,000during the first quarters of the year.

This progress is in line with the growth that Lleida.net’s Electronic Registered Notification, Contracting and Signing Line has seen since mid-2020, when the industry began to digitize in the wake of the emergency. health caused by COVID-19.

The SaaS line now accounts for 41% of total Lleida.net sales.

Similarly, commercial SMS sales increased by 54%, while the Other SaaS line (which includes, among others, all services of the group’s new subsidiary, Indenova) increased by 129%.

The company’s international presence was consolidated in the first quarter.

During this quarter, 53% of the company’s total sales came from outside Spainby attaching particular importance to marketing axes in Europe and Latin America.

Gross margin for the period also increased by 31% for €2.61 million.

In the first three months of the year, the company’s recurring clientele has also increased, with an increase of 5% compared to the same period of 2021 and the average billing ticket of Lleida.net to each of them on 1070 euros.

The Lleida.net group increased its workforce during the quarter, thanks to the integration of all Indenova staff. Indenova is a structure composed mainly of technicians and R&D developers, who add value for innovation in the creation of new products for the Lleida.net portfolio.

The company’s team has grown from 105 to 176 people, or 68% more.

Most of these new hires took place in Colombia.

At the end of the quarter, liquidity is 5.2 million eurosand the total financial debt is €9.77 millionfrom the acquisition of Indenova.

For Lleida.net, R&D, internationalization and commitment to intellectual property are the pillars of its medium and long-term strategy.

Lleida.net is listed on the OTCQX index in New Yorkon Euronext Growth in Paris and on the growth of BME in Madrid.

The company, founded in 1995, has one of the largest intellectual property portfolios in the sector internationally.

More than 60 countries have recognized its inventions with 209 patents, and its intellectual property portfolio is one of the most relevant in the industry worldwide.

On March, 31stits board of directors has decided to propose a dividend distribution of €0.0125 net per share at the general meeting of shareholders of the company.

The company will distribute a little more €200,000 to its shareholders.

SOURCE Lleida.net