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DGAP-Adhoc: Negative result in 2021 weighs on Voltabox equity - sales slightly above expectations

eqs_en 
0 0 14.02.22
DGAP-Adhoc: Negative result in 2021 weighs on Voltabox equity - sales slightly above expectations
 

DGAP-Ad-hoc: Voltabox AG / Key word(s): Preliminary Results
Negative result in 2021 weighs on Voltabox equity - sales slightly above expectations

14-Feb-2022 / 14:20 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Negative result in 2021 weighs on Voltabox equity - sales slightly above expectations

Paderborn, February 14, 2022 - According to the preliminary status of the consolidated financial statements for the 2021 fiscal year, Voltabox AG ["Voltabox" or the "Company"; ISIN DE000A2E4LE9] generated revenue from continuing operations of € 3.0 million with an EBITDA of € -5.2 million. Due to the massive restrictions in the procurement of parts as a result of disrupted supply chains, which are expected to continue, the Management Board assumes that no significant contribution to total revenues can be made in the first two quarters. For the time being, the company will refrain from issuing a forecast for the current fiscal year.

The Company's equity is under considerable strain as a consequence of the current loss-making situation. According to the preliminary consolidated financial statements, equity amounts to around € 500 thousand as of December 31, 2021.


About Voltabox AG
Voltabox AG (ISIN DE000A2E4LE9), which is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange, is a technology driven provider for e-mobility solutions in industrial applications. Its core business lies in intrinsically safe, highly developed high-performance lithium-ion battery systems that are modular and in serial production. The battery systems are primarily used in buses for public transportation as well as in agricultural and construction machinery.


Contact

Voltabox AG

Jürgen Pampel (CEO)
Technologiepark 32
33100 Paderborn
E-Mail: [email protected]

14-Feb-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Voltabox AG
Technologiepark 32
33100 Paderborn
Germany
Phone: +49 (0)5250 9930 964
Fax: +49 (0)5250 9930 901
E-mail: [email protected]
Internet: www.voltabox.ag
ISIN: DE000A2E4LE9
WKN: A2E4LE
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1280223

 
End of Announcement DGAP News Service

1280223  14-Feb-2022 CET/CEST

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Voltabox Stock

€0.85
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The community sentiment towards Voltabox is currently rather negative with 12 Sell predictions and no Buy predictions.
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eqs_en 
EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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