DGAP-Adhoc: Allterco JSCo announces preliminary 2021 consolidated financial figures

2022. január 11., kedd, 09:33

DGAP-Ad-hoc: Allterco JSCo / Key word(s): Preliminary Results/Annual Results

Allterco JSCo announces preliminary 2021 consolidated financial figures

11-Jan-2022 / 09:33 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Publication of inside information according to Article 17 MAR

Allterco JSCo announces preliminary 2021 consolidated financial figures

Sofia / Munich, 11 January 2022 - Allterco JSCo (ticker A4L / ISIN: BG1100003166) ("Allterco"), a provider of IoT and smart home products based in Sofia, Bulgaria, announces a 51% year-on-year increase in consolidated revenue from sales of devices (including related services) to BGN 59.5 million (EUR 30.4 million) in 2021, based on preliminary data as of the end of Q4 2021. While the revenue from sales of Shelly-branded smart home devices increased by 62%, amounting to BGN 55.9 million (EUR 28.6 million), revenue from sales of MyKi tracking devices decreased by 21% mainly as a result of the pandemic measures taken by the governments of a number of countries where the devices are being sold and the associated reduced mobility.

The Company will officially disclose consolidated financials for Q4 2021 within the statutory deadlines until 1 March 2022.

For further information, please visit allterco.com.

Investor Relations contact

CROSS ALLIANCE communication GmbH

Sven Pauly

Tel: +49 (0) 89-1250903-31

E-Mail: [email protected]

11-Jan-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Allterco JSCo

103 Cherny Vrah Bldv

1407 Sofia

E-mail: [email protected]
Internet: www.allterco.com
ISIN: BG1100003166
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf
EQS News ID: 1266957

End of Announcement DGAP News Service

1266957  11-Jan-2022 CET/CEST

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