Lleida.net Achieves Historic EBITDA Growth in Third Quarter

Lleida.net Hits Milestone with Record EBITDA

Lleida.net, a prominent technology services provider, has reached a significant milestone by achieving a remarkable cumulative EBITDA of €3.02 million at the end of the third quarter. This impressive figure is a 34% increase from the previous year, when the company reported an EBITDA of €2.24 million. This is a first for the company, reflecting its robust growth and successful strategies.

Significant Growth in Profitability

The company not only surpassed the three-million mark in EBITDA, but its pre-tax profit also saw a staggering increase, reaching €1.15 million. This represents an astounding growth of 182% compared to last year. Sisco Sapena, the CEO and founder of Lleida.net, remarked on this achievement, emphasizing the company's commitment to innovating and adding value for shareholders.

Strong Performance and Increased Sales

As of September 30, Lleida.net reported sales of €14.52 million, translating to a modest 4% year-on-year increase. The gross margin also saw improvement, rising by 10% to reach €8.13 million. The company’s business lines, which include notification, contracting, and SMS services, have all demonstrated impressive double-digit growth, underlining Lleida.net's strong positioning within the market.

Customer Growth and Debt Reduction

The technology firm has experienced a considerable increase in its customer base over the last twelve months, with the number of customers billed climbing from 1,955 to 3,128—a notable growth of 60%. In addition, the number of invoices issued has risen by 33%, increasing from 4,686 to 6,226. The company has also made strides in reducing its net financial debt, which has decreased by 21% this year, now standing at £5.88 million.

Innovative Services and Future Growth Potential

Lleida.net has established itself as one of Europe's leading providers of certified digital services, having been active in the market since 1995. With over 300 patents across more than 60 countries, the firm holds a strong competitive advantage. Furthermore, recent legislation favoring digital notification services has created a favorable context for the company to tap into more growth opportunities in the near future.

Commitment to Gender Parity

In a landmark achievement, Lleida.net made headlines earlier this year by becoming the first listed company on BME Growth to achieve full gender parity on its Board of Directors, following the appointment of four independent directors. This commitment not only reflects the company's progressive values but also positions it favorably within the evolving business landscape.

Conclusion

Lleida.net's record-breaking third-quarter results signal a strong upward trajectory for the company. As it continues to innovate and expand its customer base, there is a significant potential for additional growth in the coming periods. This positive performance not only enhances shareholder value but also reinforces the company's role as a leader in the technology services sector.

Frequently Asked Questions

What is Lleida.net's recent EBITDA achievement?

Lleida.net has achieved an EBITDA of €3.02 million for the first time, marking a 34% increase from the previous year.

How much did Lleida.net's pre-tax profit increase?

The company's pre-tax profit increased by 182%, reaching €1.15 million at the end of the third quarter.

What are Lleida.net's main business lines?

The key business lines include notification services, contracting, and SMS, all showing double-digit growth.

How many customers does Lleida.net have now?

The company has grown its customer base to 3,128, reflecting a 60% increase in the last twelve months.

What is Lleida.net's stance on gender parity?

The company recently achieved full gender parity on its Board of Directors, showcasing its commitment to diversity and inclusion.

About The Author

Hi there, I'm Hannah Lewis, a writer and financial specialist of 36 years old committed to making money understandable and approachable to everyone. Years of working in the field have given me a thorough grasp of market trends, investment techniques, and economic fundamentals. My objective is to enable people, by means of understandable, useful guidance, to take charge of their financial destiny.

I have written many articles for financial blogs over my career that simplify difficult financial ideas into understandable insights. Being financially literate is a critical ability, and I am passionate about enabling people to confidently manage their financial lives. Regardless of your level of experience, my work will help you at every stage of the investment process. I appreciate being allowed to share in your success and financial expansion.

Contact Hannah Lewis privately here. Or send an email with ATTN: Hannah Lewis as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.