Roadshow con inversores en USA y asistencia de evento en Paris - Lleida.net
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
EN https://investors.lleida.net/docs/en/20210924_HRelev.pdf
FR https://investors.lleida.net/docs/fr/20210924_HRelev.pdf
ZH https://investors.lleida.net/docs/zh/20210924_HRelev.pdf
Madrid, 24 de septiembre del 2021
Otra información relevante
LLEIDANETWORKS SERVEIS TELEMÀTICS S.A.
Roadshow con inversores en USA y asistencia de evento en Paris
Conforme a lo previsto en el artículo 17 del Reglamento (UE) nº 596/2014 sobre abuso
de mercado y en el artículo 228 del texto refundido de la Ley de Mercado de Valores,
aprobado por RDL 4/2015, de 23 de octubre, y disposiciones concordantes, así como en
la Circular 3/2020 de BME MFT Equity sobre información a suministrar por Empresas
en Expansión, por la presente LLEIDANETWORKS SERVEIS TELEMÀTICS S.A.: (en
adelante “Lleida.net, o la “Sociedad” o la “Compañía”) pone en su conocimiento la
siguiente información que ha sido elaborada bajo la exclusiva responsabilidad del emisor
y sus administradores:
Con ocasión del roadshow con inversores institucionales en Estados Unidos durante este
mes de octubre y la asistencia del evento Investor Access en Paris los días 27 y 28 de
septiembre, se adjuntan las presentaciones que serán utilizadas durante los eventos
mencionados.
Quedamos a su disposición para cuantas aclaraciones consideren oportunas.
Atentamente,
En Madrid, a 24 de septiembre de 2021 Firmado
digitalmente por
Francisco Sapena, Ceo y presidente del Consejo. 40897755Y
FRANCISCO JOSE
SAPENA
(R:A25345331)
Fecha: 2021.09.23
20:30:56 +02'00'
INVESTMENT OPPORTUNITY
Lleida.net (OTCQX:LLEIF) (EPA:ALLLN) (BME:LLN) is a top player in one of the fastest-growing markets in the post-COVID-19 future: the
eSignature, eNotification, eContracting and Digital Postal Services industries. Our ambition is to become the main European player in
market industry within the next 10 years through internationalization, R+D, proprietary technology, and transparent investor relationships.
Top-performing listed
Years of market Quarters with
Patents company in Europe in
leadership EBITDA growth
2020 (940% increase)
12
10
Stock 8
Performance
6
4
(Madrid) 2
0
2016 2017 2018 2019 2020
Investor Relations Contact: investors@lleida.net (+34) 973 282 300
LINES OF BUSINESSES
SaaS Services SMS Solutions Wholesale Solutions
Core commercial products Our interconnection Application to peer traffic for
are SaaS-based, including network reaches more then sending large volume of
Click & Sign, eKYC, and 150 countries through SMS information.
Openum eIDAS. and 2 Way SMS.
RECENT HIGHLIGHTS
• Listed in OTCQX (New York), Euronext Growth (Paris) and BME Growth (Madrid)
• The Board of Directors has proposed a dividend distribution 25% higher than 2020 dividend.
• New subsidiary in Dubai to distribute registered services in the Middle East and Africa.
• Agreement with the Pan-African Postal Union to distribute Digital Postal Services in over 50 countries.
• 207 patents granted in 64 countries, including the United States
• Agreement to purchase 100% of the share capital of InDenova S.L and a full inorganic growth strategy
• Treasury exceeding the financial debt and almost $8m available liquidity.
Investor Relations Contact: investors@lleida.net (+34) 973 282 300
QUARTER HIGHLIGHTS
Q1 2020 Q1 2021 SaaS Services Sales
(thousands of euros)
SALES MIX
3,500 3,127
EVOLUTION
SaaS 3,000
SaaS
Solutions ICX 2,320 +35%
ICX solutions 2,500
27% Wholesale 1,774
Wholesale 40% 2,000 1,622
solutions
solutions 1,302
43% 1,500
SMS 57%
Solutions SMS 1,000
16% solutions 500
17% 0
S1 2017 S1 2018 S1 2019 S1 2020 S1 2021
EBITDA
TEAM 700
(thousands of euros)
620
Sisco Sapena, CEO
Arrate Usandizaga, CFO 424
390
Jordi Ramon, CTO 319
263
Beatriz García Torre, Chief Interconnection Officer
Pablo Gracia Betorz, Americas Director
Manuel Gallo, EMEA Director
0
Ramón Pedrosa, Director Investor Relations Q1 2017 Q1 2018 Q1 2019 Q1 2020 Q1 2021
Investor Relations Contact: investors@lleida.net (+34) 973 282 300
Lleida.net
INVESTORS PRESENTATION
October 2021
(OTCQX:LLEIF · EPA:ALLLN · BME:LLN)
2
INVESTMENT OPORTUNITY
Lleida.net (OTCQX:LLEIF) (EPA:ALLLN) (BME:LLN) is a top player in one of the fastest-growing markets in
the post-COVID-19 future: the eSignature, eNotification, eContracting industries. Our ambition is to
become the main European player in market industry within the next ten years through
internationalization, R+D, proprietary technology, and transparent investor relationships.
Years of market Patents Top-performing listed Quarters with
leadership company in Europe in 2020 EBITDA growth
(940% increase)
2
3
STOCK PERFORMANCE
12
Listed in Madrid since 2015, 10
in Paris since 2018, in
OTCQX International since 8
2020; quoted in Frankfurt
6
since
March 2021. 4
2
0
2016 2017 2018 2019 2020 Madrid
3
4
RECENT HIGHLIGHTS
● The Board of Directors has proposed a dividend distribution 25% higher than 2020 dividend.
● New subsidiary in Dubai to distribute registered services in the Middle East and Africa.
● Agreement with the Pan-African Postal Union to distribute Digital Postal Services in over 50
countries.
● 207 patents granted in 64 countries, including the United States
● Agreement to purchase 100% of the share capital of InDenova S.L and a full inorganic growth
strategy
● Treasury exceeding the financial debt and almost $7M available liquidity.
4WE ARE A 25 YEARS OLD
TRUST SERVICE PROVIDER
Our business goal is to provide trustworthiness and be a digital witness to our clients and their
customers throughout their Signature processes and electronic communications.
We have become a leading player in the Trust Service industry thanks to our three business lines:
SaaS Services SMS Solutions Interconnection Wholesale
Solutions
5MARKET POTENTIAL GROWTH
● There are over 75 countries globally that
recognize the legal validity of eSignatures.
● North America is expected to generate 33% of
the global revenue. Lleida.net has four patents in
the country: Registered SMS, Registered Email,
$1.5 billion Registered Contracts, Registered Delivery.
$25.2 billion ● Legislative support to the eSignature technology
is a growth driver taking place in all major
markets.
2017
x16,8 ● Growing security concern, rising government
support coupled with rising adoption of advance
technology in the developing countries, such as
in 13 years India, China, and Brazil, is expected to boost the
demand of eSignature market in the period 2018-
2030 2023.
*Digital Signature Market To Generate Over $25,211.3 Million Revenue by 2030 Says P&S Intelligence
https://www.bloomberg.com/press-releases/2021-06-28/digital-signature-market-to-generate-over-
25-211-3-million-revenue-by-2030-says-p-s-intelligence
6
6THE GLOBAL ESIGNATURE MARKET
Global eSignature Market, by type, $M (2013 – 2023)
From 2020, three market drivers will boost the 10000
digital signature business, where Lleida.net is
strong and global: 8000
Increasing demand for security, 6000
workflow efficiency and supply chain
enhancement in corporates. 4000
Legislative support to the eSignature 2000
technology
0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Increasing online documentation Public Key Infrastructure (PKI) Username and pin
processes Signature pad at POS Clickwrap
Voice signature Others
*GLOBAL E - SIGNATURE MARKET SIZE, SHARE, DEVELOPMENT, GROWTH AND DEMAND FORECAST TO 2023 - P&S Research
7
7TEAM LEADERSHIP TEAM
Sisco Sapena CEO
Arrate Usandizaga, CFO
Jordi Ramon, CTO
Beatriz García Torre, Chief Interconnection Officer
Pablo Gracia Betorz, Americas Director
Manuel Gallo, EMEA Director
Ramón Pedrosa, Director Investor Relations
BOARD OF DIRECTORS
Sisco Sapena CEO - Arrate Usandizaga, CFO - Beatriz García Torre
Antonio López del Castillo - Jorge Sainz de Vicuña Barroso -
Jordi Carbonell - Miguel Perez Subías - Marc GallardoBUSINESS SEGMENTS
Core commercial products are Our interconnection Application to peer
SaaS-based, including Click & Sign, network reaches traffic for sending
eKYC, and Openum eIDAS. more then 150 large volume of
We provide 15+ governments with countries through information.
eCommunications solutions. SMS and 2 Way SMS.
9OUR CORE STRENGHTS
Innovation Internationalization Intellectual property
10OUR THREE CHIEF SERVICES ARE STATE-OF-THE-ART
FOCUSED IN SAAS SERVICES
Click & Sign is our Under eKYC name, we Openum eIDAS is the
cloud based offer a complete cloud based solution
eSignature platform. framework for Know for the electronic
Your Customer registered service
We provide our API solutions, compliant to
and also a customized encompassing European eIDAS
version for big features from ID regulation.
companies. validation to video
recorded onboarding.
11Key Sectors Trust Us ● Our standard solutions fit your needs, not the
other way round. But we also have
Banks & Health customized solutions.
Fintechs services
● Our solutions cover all the Trust Services
environment.
Energy & Real ● We have 19 offices around the world and we
Utilities state love travelling.
● We develop our own technology and we
patent it.
Insurance & Public
● Lleida.net is a dual listed company in Europe
Insurtech administrations
and in Wall Street.
12KEY CONTRACTS 13
KEY GOVERNMENT CONTRACTS 14
A 2020-2025 Strategy
focused on investors.
● Inspiring new investors to join our company in order to maintain and increase our daily
liquidity levels (avg. 10,000 stocks/day).
● Developing new eSignature technologies to improve our market position at an international
levels.
● Acquiring companies across the world in order to grow and strengthen our global capacity.
● Keeping debt at low operational levels
● Work on our ESG strategy to fulfil our Company promise: People, Planet and Profits.
16A STRATEGY FOR INORGANIC GROWTH One of Lleida.net's key strategies for the coming years contemplates the possible purchase of companies, worldwide, that could fit within its business model.
A STRATEGY FOR
INORGANIC GROWTH
1819
Changes in the sales mix
during the COVID-19 pandemic.
2021
A STRONG SaaS COMPANY
YoY Evolution and Changes in the Sales Mix
Q1 2020 Q1 2021
SaaS
Solutions SaaS
27% ICX Wholesale solutions ICX Wholesale
solutions 40% solutions
SMS 57% 43%
Solutions SMS
16% solutions
17%
21SALES FORECAST BY BUSINESS LINE
Estimated consolidated sales per business line Q2 2020 Q2 2021 YoY. € YoY.% H1 2020 H1 2021 YoY. € YoY.%
Thousand euros
SaaS services 1,239 1,547 308 25% 2,320 3,127 807 35%
SMS solutions 565 680 115 20% 1,227 1,368 141 11%
ICX-WHOLESALE solutions 1,983 2,095 112 6% 4,286 3,814 -472 -11%
Total 3,787 4,322 535 14% 7,833 8,309 476 6%
SALES (thousands of euros) 5,000
8,309 4,286
9,000 7,833 3,814
6,279
3,750 3,127 2,974
6,750
6,055
2,320
4,692 2,500
1,774
4,500 1,307 1,368
1,250
2,250 1,227
0
SaaS services SMS solutions ICX WHOLESALE solutions
0
H1 2019 H1 2020 H1 2021
S1 2017 S1 2018 S1 2019 S1 2020 S1 2021
All business lines have grown during the quarter, with a 14% increase compared to the same quarter of 2020FY. SaaS sales are up 35% and account for
38% of total sales in the first half of the year.
23
23SaaS SALES EVOLUTION
SaaS SERVICES SALES
(thousands of euros)
4,000
3,127
SaaS sales increase by 35% half-yearly and 25% quarterly
3,200
2,320 +35% resulting from:
2,400
1,622 1,774
1,600 1,302 ● Growth of the electronic contracting and notification
800 market
● Major new contracts, Bancolombia Colombia’s leading
0
S1 2017 S1 2018 S1 2019 S1 2020 S1 2021
bank for the provision of electronic signature, The Phone
SaaS SERVICES SALES
(thousands of euros) House to be up and running by the end of 2021
2,000
1,547 ● New distribution agreements with Pan African Postal
1,600
1,239 +25%
1,200 993 Union, Egate Egypt
803
800 608
400
0
Q2 2017 Q2 2018 Q2 2019 Q2 2020 Q2 2021
24
24SMS WHOLESALE SALES EVOLUTION
SMS Wholesale services sales
(thousands of euros)
5,000
4,286
3,814
-11%
3,750 3,231
2,974 A trend change is emerging in the Wholesale sector in terms
2,500 1,910 of overall figures. Hospitality traffic is slowly growing again,
1,250 while competition in the sector continues to be strong.
0
S1 2017 S1 2018 S1 2019 S1 2020 S1 2021
During 2Q2021, Lleida.net has marketed VOIP with SMS, with
SMS Wholesale services sales our nomadic numbering it is possible to make and receive IP
(thousands of euros)
2,095 calls via SIP and send and receive SMS from the same
2,200 1,983
+6%
1,556 1,631 number.
1,650
1,072
1,100
550
0
Q2 2017 Q2 2018 Q2 2019 Q2 2020 Q2 2021
25
25COMMERCIAL SMS SALES EVOLUTION
SMS SERVICES SALES
(thousands of euros)
1,875
1,480 1,426
1,500 1,307 1,368
1,227
+11%
1,125
750 Sales of commercial SMS increase by 115
375
thousand euros quarter-on-quarter compared
0
S1 2017 S1 2018 S1 2019 S1 2020 S1 2021
to 2Q2020 and by 11% if we compare half-
SMS SERVICES SALES yearly data.
(thousands of euros)
1,000
769 779
800 680
598 565
600 +20%
400
200
0
Q2 2017 Q2 2018 Q2 2019 Q2 2020 Q2 2021
26
26Production of Lleida.net Registered
services during the Secod Quarted 2021 YoY
Production of active Click & Sign API circuits
Production of Click & Sign API transactions
Registered Email Production
Registered SMS Contract Production
Registered SMS Production
27
27LLEIDA.NET REGISTERED
SERVICES PRODUCTION Active client’s workflows
DURING THE SECOND
QUARTER OF 2021 Click & Sign API
C&S API active workflows
800
735
700 672 Active signature circuits per API have had a QoQ growth
600
584 (Quarter Q1 2020 over Quarter Q1 2021) of 64.85%,
501 516
500 multiplying by 3.6 in the last two 2 years. It is the number of
404
400 our customers' e-recruitment processes using our APIs that
300 247 will produce the C&S API traffic on the next slide.
198 208
200
182
100
0
1Q 2Q 3Q 4Q
2019 2020 2021
28
28LLEIDA.NET REGISTERED
SERVICES PRODUCTION
Workflows Traffic
DURING THE SECOND
QUARTER OF 2021 Click & Sign API
Circuit Traffic C&S API
1,250,000
962,000
Active signature workflows by API have increased by 69.96%
1,000,000
888,000 QoQ (Quarter Q2 2020 over Quarter Q2 2021), multiplying by
832,000
750,000 673,000 5.2 over the last two years. Traffic comes mainly from
566,000 contracting telecommunications services in Europe,
500,000
consumer financing in Latin America and loan services by
250,000
239,000
190,000
FinTech's in Latin America.
124,000 154,000 156,000
0
1Q 2Q 3Q 4Q
2019 2020 2021
29
29LLEIDA.NET REGISTERED
SERVICES PRODUCTION
Traffic of
DURING THE SECOND
QUARTER OF 2021 Registered e-mail
Registered e-mail traffic
5,000,000
4,188,000
Registered email has had a QoQ (Quarter Q1 2020 over
3,678,000
3,750,000
3,266,000 Quarter Q1 2021) of 121.65%, a four-fold increase in traffic
3,178,000
2,690,000 in two years. The traffic comes mostly from insurance
2,500,000 companies in Latin America, utilities in Europe and Latin
1,682,000 1,755,000
1,481,000 America as well as government services notification in
1,253,000
1,250,000 911,000 Colombia.
0
1Q 2Q 3Q 4Q
2019 2020 2021
30LLEIDA.NET REGISTERED
SERVICES PRODUCTION
Traffic of
DURING THE SECOND
QUARTER OF 2021 Registered SMS contract
Traffic of Registered SMS Contract
1,400,000
1,262,000 1,290,000
1,200,000
1,072,000
The Registered SMS Contract has had a QoQ (Quarter Q1
1,050,000 2020 over Quarter Q1 2021) of 99.25%, multiplying traffic by
740,000 3.77 times in two years. The traffic comes mainly from
700,000
546,000
utilities providers (electricity and gas) in Spain and Europe.
491,000
389,000 394,000
350,000 286,000
0
1Q 2Q 3Q 4Q
2019 2020 2021
31
31LLEIDA.NET REGISTERED
SERVICES PRODUCTION
Traffic of
DURING THE SECOND
QUARTER OF 2021 Registered SMS
Traffic of Registered SMS
6,000,000
5,200,000
Certified SMS traffic had a QoQ (Quarter Q1 2020 over
4,500,000
Quarter Q1 2021) of 86.09%, multiplying traffic 2.75 times in
two years. The traffic comes mainly from insurance claims
3,000,000 in Europe, tax claims in Africa, insurance contracts in
2,006,000 Europe and financing contracts in Spain.
1,671,000
1,500,000 961,000 1,454,000 1,241,000
704,000 868,000
631,000 643,000
0
1Q 2Q 3Q 4Q
2019 2020 2021
32
32GROSS MARGIN EVOLUTION
GROSS MARGIN EVOLUTION GROSS MARGIN EVOLUTION
(thousands of euros) (thousands of euros)
5,500 2,875
4,234 2,231
4,400 2,300
3,797 +12% 1,907 +17%
3,253 1,757
2,998
3,300
2,577
1,725 1,454
1,272
2,200 1,150
1,100 575
0 0
S1 2017 S1 2018 S1 2019 S1 2020 S2 2021 Q2 2017 Q2 2018 Q2 2019 Q2 2020 Q2 2021
The gross margin for 1Q was 52% on quarterly sales, compared to 50% in Q2.
The increase is the result of the increasing weight of SaaS sales in total sales.
34
34PERSONNEL EXPENSES
EVOLUTION OF PERSONNEL EXPENSES EVOLUTION OF PERSONNEL EXPENSES
(thousands of euros) (thousands of euros)
1,375
2,625 138
105 1,100 1,068
2,100 110
87 876
82 822
1,575 83 825
65 645
59 606
1,050 2,081 55 550
1,750
1,577
1,273 1,292
525 28 275
0 0 0
H1 2017 H1 2018 H1 2019 H1 2020 H1 2021 Q2 2017 Q2 2018 Q2 2019 Q2 2020 Q2 2021
Personnel expenses Number of employees
Lleida.net keeps steadily building a solid talent structure within the company, recruiting 18 new professionals, mainly in technical
areas, R&D and project management.
35
35EXTERNAL SERVICES EXPENSES
EXTERNAL SERVICES EVOLUTION EXTERNAL SERVICES EVOLUTION
(thousands of euros) (thousands of euros)
1,750 33% 900 33%
26% 26%
1,400 22% 26% 26%
675
18% 21%
19%
1,050 17% 20% 20%
16% 15%
450 14%
805
700 1,348 1,278 1,371 13%
681 13%
1,199 635
1,119 518
225 472
350 7% 7%
0 0% 0 0%
H1 2017 H1 2018 H1 2019 H1 2020 H1 2021 Q2 2017 Q2 2018 Q2 2019 Q2 2020 Q2 2021
External Services External Services/sales External Services External Services/sales
The evolution of expenses in the second quarter shows the return to a new normality, as international business travel, mainly to the
Middle East, and international events, is back on track. Lleida.net has been exhibiting in the Mobile World Congress and 4YFN in
Barcelona at the end of June 2021, with its own stand and staff.
36
36EVOLUTION OF ACTIVATIONS
EVOLUTION OF ACTIVATIONS
EVOLUTION OF ACTIVATIONS (thousands of euros)
(thousands of euros)
600 8% 8%
9% 350 10%
8% 8%
511 280 8%
450 7%
272
5%
387 4% 5% 210 6%
5%
300 5% 203 4% 5%
328
331 400 140 163 207 4%
163
150 2%
70 2%
0 0% 0 0%
H1 2017 H1 2018 H1 2019 H1 2020 H1 2021 Q2 2017 Q2 2018 Q2 2019 Q2 2020 Q2 2021
Activations Activations/sales Activations Activations/sales
Lleida.net has launched nomadic numbering, a VoIP and SMS service on the same number, thanks to the developments that have
been carried out. In addition, we have staffed the R&D area to remain a forerunner in the electronic signature and electronic
contracting industry.
37
37EBITDA EVOLUTION
EBIDTA (thousands of euros) EBIDTA (thousands of euros)
1,300 1,202 700 642
1,066 582
534 526
924
975 845 525
650 350
499
236
325 175
0 0
S1 2017 S1 2018 S1 2019 S1 2020 S1 2021 Q2 2017 Q2 2018 Q2 2019 Q2 2020 Q2 2021
Our half-year EBITDA increased by 136 thousand euros, or 13%, due to the increase in sales and an increasing investment level in
people and development to continue maintaining growing rates in upcoming years. Lleida.net is investing in creating a core team of
professionals, ensuring major milestones in the years to come.
The quarterly data decrease is primarily explained by the back to normal commercial events, especially for Lleida.net exhibition at
MWC and 4YFN, not held last year.
38
38EBITDA EVOLUTION WITHOUT ACTIVATIONS
EBITDA WITHOUT ACTIVATIONS EBITDA WITHOUT ACTIVATIONS
(thousands of euros) (thousands of euros)
900 625
802
735
500
479
675
596
371 375
375
450
254
334 250
225
125
112
33
0 0
S1 2017 S1 2018 S1 2019 S1 2020 S2 2020 Q2 2017 Q2 2018 Q2 2019 Q2 2020 Q2 2021
Our EBITDA without activations increased by 9% in the first half of the year, reflecting the group's growth in results while continuing
to invest to remain a benchmark in the electronic contracting and notification market.
39
39EVOLUTION OF EARNINGS BEFORE TAXES
EARNINGS BEFORE TAXES EARNINGS BEFORE TAXES
(thousands of euros) (thousands of euros)
800 300 278 271
700 662 250
600 194 194
200
500
150
400 346
100
289
300
232 50
200
0
100 Q2 2017 Q2 2018 Q2 2019 Q2 2020 Q2 2021
-50
0
S1 2017 S1 2018 S1 2019 S1 2020 S1 2021 -100
-100
-200 -150
-161 -137
-300 -200
Earnings before tax increased 91% up to 662 thousand euros if we compare the half-yearly data year-on-year.
The financial result increased 16% thanks to the reduction in short-term policies due to the cash flow generated
by the Group’s activity.
40EVOLUTION OF NET FINANCIAL DEBT
Difference Q1 2021-Q2 2021
Thousands of euros 2020 Q1 2021 Q2 2021 Thousands of euros Percentage
Short term debt 910 1,117 1,004 (113) (11%)
Long term debt 2,100 2,281 2,054 (227) (11%)
Total Financial debt 3,010 3,398 3,058 (340) (11%)
Available cash 5,331 5,604 5,922 318 5%
NFD -2,321 -2,206 -2,864 (658) (-23%)
NET FINANCIAL DEBT
(thousands of euros)
0 0.00 Financial debt continues to decrease by 23% in Q2 compared
-725 -0.30 to Q1 2021. As published in the Relevant event of 30 June 2021,
-1,450 -0.60 the purchase of InDenova S.L, will be financed through equity
-0.9109 -0.8895
-2,175 -0.90 and new bank financing.
-2,320 -2,206 -1.1913
-2,900 -1.20
-2,864
-3,625 -1.50
31/12/2019 Q1 2020 Q2 2020
NET FINANCIAL DEBT
42
42EVOLUTION OF NET FINANCIAL DEBT
DEBT EVOLUTION Available cash
(thousands of euros) (thousands of euros)
4,000 6,125
3,398 5,922
5,950
3,010 3,058
3,000
5,775
2,281 5,604
2,100 2,054 5,600
2,000
5,425
5,331
1,117
910 1,004 5,250
1,000
5,075
0
4,900
31/12/2020 Q1 2021 Q2 2021
31/12/2019 T1 2020 T2 2020
Short term debt Long term debt Total debt
During Q2, the group has not signed any new debt agreements. The company's cash generation has reduced bank debt by 11% QoQ
and increased cash and cash equivalents by 5% QoQ.
43
43Under the provisions of Article 17 of the Regulation (EU) No 596/2014 regarding market abuse and article 228 of the
modified text of the Spanish Stock Market Act, approved by Spanish Royal Legislative Decree 4/2015, of 23 October
and related provisions, as well as Circular 3/2020 of BME MFT Equity on information to be provided by Growing
Companies, we are hereby informing you of the following information relating to LLEIDANETWORKS SERVEIS
TELEMÀTICS, S.A.: (hereinafter “Lleida.net”, or the “Company "or the “Enterprise” ) brings to your attention the
following information that has been prepared under the exclusive responsibility of the issuer and its administrators.
The information outlined in this report is an estimate of LLEIDA.NET Income Statement for 1st half and Q2 FY2021
prepared on the unaudited accounting information available to the Board of Directors. Therefore, this information
does not in any way substitute or may be considered the equivalent of the annual financial information provided in
Circular 6/2018 MAB.
44Lleida.net
(OTCQX:LLEIF · EPA:ALLLN · BME:LLN)
ir@lleida.net
investors.lleida.net
Lleida · Madrid · London · Miami · Paris · Santiago de Chile · Bogotá · São Paulo ·
Tokyo · Santo Domingo · Cape Town Montevideo · Johannesburg · San José · Lima ·
Beirut · Dubai · Ciudad de México · GaboroneYou can also read
