NFON AG confirms positive development in 2020 and presents growth strategy 2024
Starting at 3:00 p.m. (CET), the management team will present the 2024 growth strategy and product strategy in detail. Registration is possible via the Capital Markets Day website: Registration.
Result for financial year 2020 at a glance:
EUR million 2020 2019 Change Total revenue 67.6 57.1 18.4% Recurring revenue 59.4 48.1 23.6% Share of recurring revenue in total revenue 87.8% 84.1 % ? Non-recurring revenue 8.2 9.1 -9.6% Share of non-recurring revenue in total revenue 12.2% 15.9% ? ARPU blended1 9.77 9.64 1.3% Seat growth (31 December) 524,791 449,711 16.7% EBITDA 2.3 -7.0 n/a Adjusted EBITDA2 3.5 -5.1 n/a ?
1 Based on average number of seats per month in each year 2 Adjusted for the retention bonus, stock options, DTS acquisition expense, one-time effects
Investor Relations Contact
NFON AG Sabina Pr?ser Head of Investor Relations +49 89 45300 firstname.lastname@example.org
NFON AG Thorsten Wehner Vice President Public Relations +49 89 45300 email@example.com
About NFON AG
Headquartered in Munich, NFON AG is the only pan-European cloud PBX provider - counting more than 40,000 companies across 15 European countries as its customers. With Cloudya, NFON offers an easy-to-use, independent and reliable solution for advanced cloud business communications. Further premium and industry solutions complete the portfolio in the field of cloud communications. With our intuitive communications solutions, we enable European companies to improve their work a little every single day. NFON is the new freedom in business communication. https://corporate.nfon.com/de/
This announcement is not an offer of securities for sale in the United States of America. The securities of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act. No public offering of securities of the Company is being made in the United States of America and the information contained herein does not constitute an offering of securities for sale in the United States of America, Canada, Australia, Japan or any other jurisdiction in which such offering would be unlawful. This announcement is not for release, publication or distribution directly or indirectly in or into the United States of America, Australia, Canada, Japan or any other jurisdiction in which the distribution or release would be unlawful or to U.S. persons.
15.04.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: NFON AG Machtlfinger Stra?e 7 81379 Munich
Germany Phone: +49 89 453 00 0 E-mail: firstname.lastname@example.org Internet: https://corporate.nfon.com ISIN: DE000A0N4N52 WKN: A0N4N5 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1184933 ? End of News DGAP News Service