Fintech aifinyo AG after strong 4th quarter with record figures for 2022: gross profit +75%.
EQS News: aifinyo AG / Keywords: Preliminary results
Fintech aifinyo AG after strong 4th quarter with record figures for 2022: gross profit +75%.
24.01.2023 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
Fintech aifinyo AG after strong Q4 with record figures for 2022: gross profit +75%.
- Preliminary figures: Transaction volume +40.5% to EUR 378 million; EBT above plan of EUR 1.3 million (first year EUR 0.1 million)
- Growth drivers: SaaS revenue, financing services and acquisitions
Berlin, 24 January 2023 – aifinyo AG achieved record numbers at all levels in 2022. The positive business development even accelerated in the fourth quarter. After B2B fintech had already passed 100 million euros measured in transaction volume* for the first time in the third quarter of 2022, 115 million euros were achieved from October to December. In the fourth quarter of 2021, the transaction volume was EUR 75 million.
According to preliminary figures, the operator of a cloud-based smart invoicing platform for the administration, financing and payment of bills, which is unique in Germany, increased its transaction volume by 40.5% from 269 million euros to 378 million euros in the full year. 2022. Sales increased by 22.7% to 54 million euros. Gross profit (total operating profit less costs of sales and depreciation of leased assets), one of the most important key indicators, increased by a disproportionately high 75% to EUR 14 million in 2022. Earnings development was also encouraging: aifinyo’s earnings before tax (EBT) increased from 0.1 million euros to 1.3 million euros.
“The fact that we ended the fourth quarter of 2022 – and thus the year as a whole – at a record level was not necessarily to be expected given the general economic outlook in Germany. The positive development shows that aifinyo is very solidly positioned.” says aifinyo CEO Stefan Kempf. “All business areas have contributed to the growth. The recurring SaaS income from our subscription-based tools for invoice and liquidity management as well as income from financing services. The acquisitions of Billomat and Fundflow are also already yielding results.”
After a record year in 2022, aifinyo is optimistic for 2023 – despite all the existing macroeconomic uncertainty. Around 10,000 entrepreneurs in Germany now manage their invoices, financing and cash flows with aifinyo. In Germany alone, the target group includes 4 million companies and the market is still poorly developed.
aifinyo is expected to publish its audited consolidated financial statements for the year 2022 in early May 2023.
*The sum of factoring, fine trading, leasing and collection transactions processed
About aifinyo
aifinyo is the trusted smart invoicing partner for entrepreneurs and freelancers to automate invoicing, financing and payment of invoices. For this purpose, fintech runs a unique platform around invoice and liquidity management, including uncomplicated financing solutions within factoring, fine trading, leasing and receivables management. With Billomat, aifinyo also offers one of the leading cloud-based accounting systems in Germany, with which all invoice processes are handled easily and efficiently.
The shares (ISIN: DE000A2G8XP9) of aifinyo AG are listed on Xetra as well as im:access, a market segment specific to medium-sized companies within the regulated unofficial market of the Munich stock exchange. The German Federal Financial Supervisory Authority (BaFin) supervises aifinyo finance GmbH as a provider of financial services and aifinyo payments GmbH as a provider of payment services.
For more information, visit www.aifinyo.de
Responsible
aifinyo AG
Friedrichstrasse 94, 10117 Berlin
Tel.: 0351 / 896 933 10, E-mail: [email protected]
Financial media & investor relations contact
Fabian Lorenz
Tel.: 0221 / 29831588, E-mail: [email protected]
24.01.2023 CET/CEST Dissemination of a company news, transmitted by EQS News – a service of EQS Group AG.
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