2CRSi SA: Final 2021/22 Consolidated annual results
2CRSi SA
2CRSi SA: Final 2021/22 Consolidated annual results
22-Jul-2022 / 21:03 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Final 2021/22 Consolidated annual results
Strasbourg (France), 22 July 2022 - 2CRSi (ISIN: FR0013341781), a designer and manufacturer of high-performance energy-efficient IT solutions, releases its final consolidated annual results for financial year 2021/22.
This press release presents the consolidated results approved by the Board of Directors on July 21, 2022. The audit procedures of the statutory auditors on the consolidated financial statements have been performed. The certification report will be issued after: (i) the review of post balance sheet events, (ii) the finalization of specific verifications required by legal and regulatory texts, (iii) the finalization of work on the presentation required in the annual financial report of the accounts in ESEF format.
FINAL CONSOLIDATED ANNUAL RESULTS FOR FY 2021/22
Simplified income statement - Audited
In millions of EUR - IFRS
2021-2022
2020-2021
Change
Revenue
183.6
163.3
+12.4%
Other ordinary operating income
1.8
3.9
-53.5%
Revenue from ordinary activities
185.4
167.2
+10.9%
Consumed purchases
(142.5)
(129.7)
+9.9%
Gross margin rate
22.4%
20.6%
+180 bp
External expenses
(10.9)
(9.4)
+16.8%
Personnel expenses
(23.6)
(19.5)
+20.6%
Taxes
(0.6)
(0.6)
ns
Other operating income and expenses
0.5
(0.6)
ns
EBITDA
8.4
7.4
+14.5%
EBITDA margin
4.6%
4.5%
+10 bp
Other current operating income and expenses
(0.5)
(0.2)
+153.2%
Depreciation, amortisation and impairment
(6.5)
(6.6)
-1.2%
Current operating income (expense)
1.4
0.6
+144.3%
Current operating margin
0.8%
0.3%
+50 bp
Operating income (expense)
1.4
0.6
+144.3%
Financial income (expense)
(3.0)
(5.0)
-41.1%
Taxes
0,6
0,1
ns
Consolidated net income (expense)
(1.1)
(4.3)
ns
Group net income (expense)
(1.1)
(4.2)
ns
Consolidated net income and other comprehensive income
(0.4)
(5.0)
ns
Following the closing of audit procedures, modifications have been made to 2CRSi’s consolidated statements that were previously released on 11 July 2022. These modifications are related to the reclassification of foreign exchange impacts, the accounting presentation of the impact of the Blade receivership and the reclassification of loans and financial debts between current and non-current. Impacts of these changes on the main aggregates of the Group's income statement for the year 2021/22 are summarized below:
Revenue from ordinary activities: +€0.5m EBITDA: -€1.1m Current operating income: +€0.7m Operating income: +€0.7m Taxes: -€0.2m Consolidated net income: +€0.5m
Simplified consolidated balance sheet - Audited
In millions of EUR - IFRS
28/02/2022
29/02/2021
Goodwill
8.7
7.8
Intangible assets
16.3
15.6
Tangible assets[1]
20.0
22.2
Non-current financial receivables
4.4
7.2
Other non-current assets
3.9
3.2
Total non-current assets
53.3
55.9
Inventories
56.4
32.2
Customers
26.2
28.1
Other current assets
16.8
12.1
Current financial receivables
5.9
28.1
Cash and cash equivalents
4.7
4.5
Total current assets
110.1
105.1
TOTAL ASSETS
163.4
161.0
Capital attributable to equity holders of the parent
40.5
40.7
Non-controlling interests
(0.3)
(0.1)
Consolidated capital
40.3
40.7
Borrowings and financial debt
26.5
33.8
Non-current lease liabilities
12.3
14.0
Other non-current liabilities
3.1
3.6
Total non-current liabilities
42.0
52.4
Trade payables
24.8
24.1
Current financial liabilities
29.8
23.1
Current lease liabilities
3.0
2.9
Other current liabilities
23.5
17.9
Total current liabilities
81.1
67.9
TOTAL LIABILITIES
163.4
161.0
Impacts of these changes on the main aggregates of the Group's balance sheet are summarized below:
Total non-current assets: -€0.2m Total current assets: -€0.2m Total assets: -€0.4m Consolidated capital: -€0.3m Total non-current liabilities: -€5.3m Total current liabilities : +€5.3m Total liabilities : -€0.4m
- END-
Next event: Annual General Meeting on 31 August 2022.
About 2CRSi
Founded in Strasbourg (France), 2CRSi group develops, produces and sells customised, high-performance and environment-friendly servers. In the 2021-22 financial year, the Group generated revenue of €183,6 million. The Group today has around 400 employees and markets its offer of innovative solutions (processing, storage and network) in more than 50 countries. 2CRSi has been listed since June 2018 on the regulated market of Euronext in Paris (ISIN Code: FR0013341781). For further information please visit: www.2crsi.com.
Contacts
2CRSi
Joseph Gonnachon
Chief Marketing Officer
+33 (0)3 68 41 10 70
Actifin
Simon Derbanne
Financial Communication
sderbanne@actifin.fr
+33 (0)1 56 88 11 14
Actifin
Mathias Jordan
Financial PR
+33 (0)1 56 88 11 26
À propos de 2CRSiCréé à Strasbourg, le groupe 2CRSi conçoit, produit et commercialise des serveurs informatiques haute performance sur mesure et éco-responsables. Sur l’exercice 2021-2022, le Groupe a réalisé un chiffre d’affaires de 183,6 millions d’euros. Le Groupe compte aujourd’hui environ 400 collaborateurs et commercialise désormais son offre de solutions innovantes (calcul, stockage et réseau) dans plus de 50 pays. 2CRSi est coté depuis juin 2018 sur le marché réglementé d’Euronext à Paris (Code ISIN : FR0013341781) et figure dans le label European Rising Tech. Pour plus d’informations : www.2crsi.comContacts 2CRSi
2CRSiJoseph GonnachonChief Marketing Officerinvestors@2crsi.com03 68 41 10 70
ActifinSimon Derbanne Communication financière sderbanne@actifin.fr01 56 88 11 14
ActifinMathias JordanRelations Presse financière mjordan@actifin.fr01 56 88 11 26
[1] Includes items associated with right-of-use assets (IFRS 16).
File: 2CRSi SA: Final 2021/22 Consolidated annual results
Language: English Company: 2CRSi SA 32, rue Jacobi-Netter 67200 Strasbourg France Phone: +33 3 68 41 10 70 E-mail: investors@2crsi.com Internet: www.2crsi.com ISIN: FR0013341781 Euronext Ticker: 2CRSI AMF Category: Inside information / News release on accounts, results EQS News ID: 1404463 End of Announcement EQS News Service
1404463 22-Jul-2022 CET/CEST