{"id":9971,"date":"2024-08-22T19:32:27","date_gmt":"2024-08-22T17:32:27","guid":{"rendered":"https:\/\/www.smartphotogroup.com\/?p=9971"},"modified":"2024-08-22T19:34:00","modified_gmt":"2024-08-22T17:34:00","slug":"smartphoto-group-half-yearly-results-2024","status":"publish","type":"post","link":"https:\/\/www.smartphotogroup.com\/en\/smartphoto-group-half-yearly-results-2024\/","title":{"rendered":"smartphoto group\u00a0\u2013 HALF-YEARLY RESULTS 2024"},"content":{"rendered":"<p><b>PRESS RELEASE \u2013 Regulated information<br \/>\n<\/b><span style=\"font-weight: 400;\">Wetteren, 22 August 2024 \u2013 7.00 p.m.<br \/>\n<\/span><span style=\"font-weight: 400;\">smartphoto group &#8211; Euronext Brussels: SMAR<\/span><\/p>\n<h4><span style=\"font-weight: 400; color: #508cdc;\">HALF-YEARLY RESULTS 2024<\/span><\/h4>\n<h6><span style=\"font-weight: 400; color: #508cdc;\">Smartphoto achieves quasi-stable revenue and invests in further growth<\/span><\/h6>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 300;\">Revenue over the first 6 months of 2024 decreased slightly by 0.8%, and evolved from 30 031K euro last year to 29 780K euro as at 30 June 2024.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 300;\">Smartphoto experienced a decline in revenue (-2.5%) due to the decreasing popularity of Communion, while naYan recorded a revenue increase driven by new customers (+2.2%).\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 300;\">Stagnating turnover, increasing costs and further investments in extra recruitments at naYan to support growth, led to a decrease in EBITDA from 3 273K euro over the first half of 2023, to 2 356K euro as at 30 June 2024 (-28.0%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 300;\">Due to the acquisition of TopFanZ, net cash decreased, on an annual basis, from 4 586K euro to 3 279K euro as at 30 June 2024.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 300;\">Despite the uncertain general economic outlook, smartphoto group expects, for the second year half, a stabilisation of revenue and EBITDA.\u00a0<\/span><\/li>\n<\/ul>\n<p>Click\u00a0<a href=\"https:\/\/storage.googleapis.com\/smartphoto-express-production-wp-smartphotogroup-com\/1\/2024\/08\/smartphoto-group_Halfjaarresultaten-2024_ENG.pdf\">here<\/a>\u00a0to see the full press release.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PRESS RELEASE \u2013 Regulated information Wetteren, 22 August 2024 \u2013 7.00 p.m. smartphoto group &#8211; Euronext Brussels: SMAR HALF-YEARLY RESULTS<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-9971","post","type-post","status-publish","format-standard","hentry","category-geen-categorie-en"],"_links":{"self":[{"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/posts\/9971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/comments?post=9971"}],"version-history":[{"count":2,"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/posts\/9971\/revisions"}],"predecessor-version":[{"id":9973,"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/posts\/9971\/revisions\/9973"}],"wp:attachment":[{"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/media?parent=9971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/categories?post=9971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smartphotogroup.com\/en\/wp-json\/wp\/v2\/tags?post=9971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}