EBITDA & Net Profit
EBITDA of 11.8 M€, leveraged by Next-Gen
Net Profit of 7.5 M€
Net Profit includes discontinued operations in the amount of 4.5 M€ in 2020, which compares to 14.7 M€ in 2019.
EBITDA to Net Profit
Total Earnings Per Share reached 0.24 Euros (0.66 Euros in 2019)
Financial results decreased 8.4 M€ YoY, owing to the 8.1 M€ re-evaluation of the FeedZai investment recorded in 2019.
Non-taxable gains from the venture capital activity in 2019 and a YoY decrease in the SIFIDE research and development tax incentives explain the Income Tax charge increase, of +1.5 M€ YoY.
Discontinued operations – meaning GTE Business and COLLAB – reached 4.5 M€ in 2020, which comprises 3.3 M€ of capital gains on the sale of businesses / subsidiaries and 1.2 M€ of R&W provisions reversal. In 2019, this heading already included 12.0 M€ of gain on the GTE Business disposal.
Evolution of Non Controlling Interests (NCI), of +4.8 M€ YoY, is essentially explained by the NCI-share on the re-evaluation of FeedZai in 2019 and the full ownership of Celfocus since April 2020.