DGAP-Adhoc: Lotto24 AG: 2014: Strong growth in billings and

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

Jan 20, 2015 at 1:45 AM

DGAP-Adhoc: Lotto24 AG: 2014: Strong growth in billings and revenues, market leadership almost doubled, new customer target narrowly missed, 2015 guidance

Lotto24 AG / Key word(s): Preliminary Results 20.01.2015 07:29 Dissemination of an Ad hoc announcement according to Â§ 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad hoc announcement acc. to Sec. 15 WpHG Lotto24 AG: 2014: Strong growth in billings and revenues, market leadership almost doubled, new customer target narrowly missed, 2015 guidance (Hamburg, 20 January 2015) According to preliminary figures, Lotto24 AG achieved growth rates of 168% and 180% in its fiscal year 2014 with billings of almost EUR 82 million (prior year: EUR 30.5 million) and revenues of around EUR 8 million (prior year: EUR 2.8 million), thus fully reaching its forecast of strong growth for both KPIs. At 9.5%, gross margin easily exceeded both the prior-year figure (9.1%) and the respective forecast. Online lotteries experienced strong growth in Germany during 2014 and Lotto24 played a major role in this trend. Although total revenues of the German Association of State Lottery Companies (Â»Deutscher Lotto- und Totoblock, DLTBÂ«) were down slightly by -0.7% in 2014 (prior year: +10%) due to a comparatively poor jackpot situation, the online revenues of state-owned companies and private brokers rose by more than 50% to around EUR 390 million (prior year: EUR 253 million), according to calculations of the German Lottery Association (Â»Deutscher LottoverbandÂ«). According to these figures, the online revenues of the 16 state-owned lottery companies grew in total by 30% to around EUR 285 million (prior year: EUR 219 million). With billings of almost EUR 82 million, the market share of Lotto24 AG almost doubled from around 12% to about 21%. This provides strong confirmation of Lotto24 AG's business model and strategy. Due to the lack of jackpots for Germany's Â»Lotto 6aus49Â« lottery, the preliminary calculation of 284 thousand new customers in 2014 fell just short of the targeted 300 thousand (dependent on the jackpot situation). The preliminary total number of registered customers as of 31 December 2014 was therefore around 521 thousand (prior year: 237 thousand). With marketing expenditure of around EUR 13 million (prior year: EUR 7.3 million), cost per lead (CPL) amounted to approximately EUR 45 (prior year: EUR 35.25). As forecast, preliminary earnings from operating activities (EBIT) and net profit for 2014 amounted to around EUR -14 million and almost EUR -16 million, respectively (prior year: EUR -11.3 million and EUR -10.5 million) due to investment in further expansion of the company's market leadership. In 2015, Lotto24 AG plans to stabilise its market leadership with moderate growth in market share. As part of this strategy, the company will focus more strongly on optimising CPL in combination with a significant year-on-year reduction in marketing expenditure. Depending on the jackpot situation, this is expected to result in much slower new customer growth. Lotto24 will continue to invest consistently in the expansion of its business and market shares while at the same time placing greater strategic emphasis on improving earnings. At the same time, the company will continue the insourcing of its strategically important IT division started in 2014 in order to achieve greater long-term independence, pave the way for further cooperation agreements in the field of B2B and business services, and implement its own development needs more flexibly, quickly and easily in future. Assuming that the regulatory environment remains unchanged, and depending on the jackpot situation, Lotto24 AG therefore expects a strong increase in billings of up to 50% and a slight year-on-year improvement in gross margin for its fiscal year 2015. Moreover, losses of the two KPIs EBIT and net profit are expected to be lower than in the previous year. The Annual Report 2014 is to be published on 26 March 2015. 20.01.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Lotto24 AG StraÃenbahnring 11 20251 Hamburg Germany Phone: +49 (0)40 8 222 39 0 Fax: +49 (0)40 8 222 39 70 E-mail: ir@lotto24.de Internet: www.lotto24-ag.de ISIN: DE000LTT0243 WKN: LTT024 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÃ¼sseldorf, Hamburg, MÃ¼nchen, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Taiwan Fuses Ancient TCM with Modern Bio Tech in 2026

The Dynamic Fusion of Heritage and Innovation When you think about it, mixing centuries-old herbal wisdom with today's cutting-edge biotech might sound like a plot twist, but that's exactly what's cooking in Taiwan. Over at SupplySide Global 2026 in Las Vegas, Taiwan's got something more than just traditional medicine to flaunt; it's showcasing an impressive fusion of...

Survivors Secure $800M Settlement with NY Archdiocese

Massive Settlement: A Long-Awaited Justice Here's a different kind of news that's hitting like a thunderbolt. Over 1,300 survivors of abuse have finally struck a landmark deal with the Archdiocese of New York. Not only are the numbers staggering, but the relief for these individuals is palpable. We're talking about more than $800 million on the table here. That's some...

CapCut's Role in AI-Assisted Small Biz Marketing

In today's fast-paced digital world, small businesses lament the constant hustle to stay relevant online. This juggling act with limited resources often makes effective marketing feel like a high-wire circus performance. Enter AI tools, promising to lighten the load, and CapCut stands out as a game-changer. AI Tools Revolutionizing Small Business Marketing Amid growing...

Master Sommeliers and Italian Producers Clash on Wine Lists

Wines Jockeying for New York’s Coveted Lists Alright, picture a stage set up in New York City like an arena. But instead of gladiators, you've got master sommeliers on one side and Italian wine producers on the other, each armed with their own arguments. They're locked in a battle over what it really takes to get a bottle imbedded on a New York City's prestigious wine...

Ping An's Bold Green Moves Ahead of APEC 2026

Ping An's Pitch for Green: Talking the Talk and Walking the Walk? Well, here's something cooking in Shenzhen at the Ping An Finance Center—an international seminar championing green development initiatives. It's all buzz around Ping An Insurance (HKEX: 2318; SSE: 601318) flexing its green muscle, orchestrating conversations right before APEC 2026. Talk about timing....

Innovent's IBI3001 Shows Promise in Phase 1 Trials

Pioneering Path with IBI3001 at ESMO 2026 Navigating through the crowded landscape of oncology trials, Innovent Biologics recently rolled out some riveting Phase 1 clinical data for their new darling, IBI3001. Top brass from Innovent took to the European Society for Medical Oncology (ESMO) Congress stage to lay bare their findings. Obviously, when you're presenting a...

Aluminum Design Fumble: Geometry Over Wall Thickness

A Misstep in Aluminum Design Practices Well, here's a nugget of wisdom for the metal enthusiasts out there—stop beefing up aluminum components with thicker walls and focus on smart geometry. This isn't a drill, folks. Mark Coyle, a seasoned mind over at American Custom Metals, has been waving the flag for smarter aluminum design methods right from Rochester, NY, and...

CSTS Unveils PremierX in NYC: A Bold Entertainment Move

Welcome to the New Era of Entertainment Out of the blockbusters and into the open air, eh? On October 30, 2026, CSTS Enterprises flipped the New York skyline into a canvas for their grand kickoff of PremierXTM—a live entertainment brand poised to redefine how we gobble up our music, sport, and art. Now, there's a shot of adrenaline New Yorkers weren't exactly begging...

World Young Scientist Summit 2026 in Wenzhou Kicks Off

Young Minds Meet AI Innovation Crack open the playbook, and it's clear: young brains from across the globe are gathering in Wenzhou, Zhejiang, China, to wrangle with AI and chart the course of science toward a sustainable future. The World Young Scientist Summit 2026 isn't just a parade of speeches and accolades. Nah, it's a deep dive into where innovative minds believe...

Innovent's IBI354: New Data Spurs Hope for HER2+ BC

Innovent Lauds HER2 ADC's Moment at ESMO 2026 Alright, chin up, investors. At the 2026 ESMO Congress, Innovent's throwing down some promising Phase 2 data for their brainchild, IBI354. You hear that name and it's like hearing about a rock star in the making in the oncology world. The potential here isn’t just talk—it's a loud, resounding call for attention. Their...