ecotel half-year figures: revenue growth in both segments

EQS-News: ecotel communication ag / Key word(s): Half Year Report ecotel half-year figures: revenue growth in both segments 12.08.2024 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement.

---

• Total sales: EUR 56.8 m (previous year: EUR 51.6 m)
• Sales in the Business Customers segment: EUR 23.2 m (previous year: EUR 22.7 m)
• Sales in the Wholesale segment: EUR 33.6 m (previous year: EUR 28.9 m)
• Gross profit: EUR 16.0 m (previous year: EUR 16.2 m)
• Operating EBITDA: EUR 3.5 m (previous year: EUR 5.3 m)
• Changes to the Supervisory Board and Management Board

Düsseldorf. August 12. 2024

ecotel closed the first half-year 2024 as planned with rising revenue. Group sales grew by EUR 5.2 million to EUR 56.8 million in the first half of the year. The recently acquired major orders are currently being realized and are slowly contributing to sales. Sales at B2B-Segment rose accordingly by EUR 0.5 million to EUR 23.2 million in the first half of the year. The investments made in growth are therefore having a positive effect on sales development. Growth also continued in the Wholesale segment. EUR 33.6 million was generated here (previous year: EUR 28.9 million).

Gross profit amounted to EUR 16.0 million (previous year: EUR 16.2 million). In the previous year, temporary purchase price advantages from a major supplier at B2B-Segment in the amount of EUR 0.4 million contributed to gross profit.

Operating EBITDA of EUR 3.5 million was achieved in the first half of 2024
(previous year: EUR 5.3 million). In a year-on-year comparison, it should be noted that 1.4 million from the transfer of internet resources was included in operating EBITDA in the first six months of 2023.

As a result, a consolidated net profit of EUR 0.7 million (previous year: EUR 6.7 million) was achieved for the first half of 2024. Comparability with the first half of 2023 is only possible to a limited extent, as income from the deconsolidation of the nacamar segment (EUR 1.8 million) and one-off. non-forecast income from the transfer of internet resources (EUR 3.8 million) are included in the previous year's result.