Mon Courtier Energie Groupe Announces Its First-Half 2023 Results

Regulatory News:

Mon Courtier Energie Groupe (ISIN code: FR001400H3A0 - Ticker: ALMCE), a B2B energy brokerage company, today announces its results for the first half of 2023, ended June 30, 2023, as approved by the Board of Directors on October 17, 2023¹.

Charlie Evrard, Founder and Chief Executive Officer of Mon Courtier Energie Groupe, comments: "In the first half of the year, Mon Courtier Energie Groupe accelerated its national rollout with the opening of three new branches, and also achieved its first international sales with the signing of its first contracts in Spain. Our customer base gained 4,000 new accounts, and for the first time in our history, we exceeded €10 million in half-year revenue. This +23% growth is even more remarkable given that the first half of 2022 was already particularly dynamic considering the energy market context at the time. This performance attests to the strength of our fundamentals in B2B brokerage. We have also reinforced our foundations to pursue our profitable growth trajectory by continuing to invest in our branch network and our teams. In order to offer our customers the most agile energy supply solution, the Company's stock market listing has provided us with substantial financial resources, enabling us to operate aggressively in a market we master. The €7m fundraising gives us the capacity to invest in our development in France and abroad, and in the deployment of our energy transition solutions. Building on these strengths, we can confirm our financial targets for 2025.”

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¹ The statutory auditor's limited review of the interim financial statements has been completed.

Simplified income statement

In € thousands	H1 2023	H1 2022	% Δ
Revenue	10,444	8,494	+23%
Other operating income	161	81
Purchases	(7,667)	(6,037)
Personnel expenses	(1,661)	(1,037)