PHA Pharmagest Interactive SA

EQUASENS GROUP: H1 2023 revenue: up 9% to €112.62m

EQUASENS GROUP: H1 2023 revenue: up 9% to €112.62m

Villers-lès-Nancy, 3 August 2023 - 6:00 p.m. (CET)

PRESS RELEASE

H1 2023 revenue:

up 9% to €112.62m

  • Growth by all Divisions, with the exception of FINTECH, which nonetheless benefited from an upturn in Q2.
  • Effects of the French Digital Healthcare investment programme (Ségur du Numérique en Santé)
    • The Group is continuing to install solutions qualifying for the Ségur French Digital Healthcare investment programme: €2m at 30 June 2023.
    • Sales revenues from the recurring portion of the Ségur programme: €0.6m.
(€m) H1 2022H1 2023Change



2023 / 2022
Q149.3656.25 +14% (*)
Q254.2156.37 +4%
H1 103.57112.62 9%

(*) Strong growth in Q1 reflecting a favourable comparison base (restructuring of the electronic labelling activity).

As a reminder, to streamline business operations, organisational changes were implemented in H1 involving business transfers between Divisions:

  • After buying out the minority interests, MULTIMEDS (Ireland) and I-MEDS (Germany) were transferred to the PHARMAGEST Division (Compliance segment) and CAREMEDS (United Kingdom) joined the AXIGATE LINK Division (Nursing Home segment);
  • The ICT company developing MEDILINK, a solution for health centres and regional health professional communities, has joined forces with the MEDICAL SOLUTIONS Division to expand PROKOV EDITIONS' range.

Plus recent acquisitions:

  • ATOOPHARM joined the PHARMAGEST Division,
  • SPEECH2SENSE and PRATILOG are now part of the MEDICAL SOLUTIONS Division.

Consolidated for the first time in Q2, revenue generated by these entities was not material at 30 June 2023.

H1 2023 business highlights

  • The PHARMAGEST Division  reported sales of €83.7m, up 9% from H1 2022
    • While growth by the PHARMAGEST Division was more subdued in Q2, revenue remained strong at €83.7m at 30 June 2023, up from €76.7m in 2022.
    • The growth drivers remained unchanged, with strong momentum in the electronic labelling market and, in Italy, new pharmacy software solutions.
    • This Division accounted for 74% of Equasens Group's total revenue.
  • The AXIGATE LINK Division recorded revenue of €14.9m, up 6% from H1 2022, driven in particular by the long-standing Nursing Homes and Home Hospital business.
    • This Division accounted for 13% of Equasens Group's total revenue.
  • The E-CONNECT Division had revenue of €8.1m, up 10% from H1 2022.
    • Q2’s excellent performance (+17% to €4.1m) confirmed the benefits of the new industrial strategy of diversifying production sourcing enabling the Division to respond more rapidly to market needs.
    • This Division accounted for 7% of Equasens Group's total revenue.



  • The MEDICAL SOLUTIONS Division reported revenue of €4.9m, up 13% on H1 2022 largely in response to the success of the latest version of the MédiStory software.



    • This Division accounted for 4% of Equasens Group's total revenue.
  • The FINTECH Division had revenue of €1.1m, down 3% from H1 2022.
    • The financing brokerage activity continues to be impacted by high interest rates. Despite this, the Division has adapted its strategy by targeting more promising growth markets contributing to a return to growth in Q2.
    • This Division accounted for 1% of Equasens Group's total revenue.



2023 outlook

  • Continuing growth in H2 2023, with the launch of new products (mobility, security, SaaS offerings, etc.) boosting sales across all business segments.
  • Confirmation of the business upturn for the FINTECH Division.
  • The ongoing integration of recent acquisitions expected to enhance the Group's technology offering and accelerate growth.
  • Backed by the financial resources to pursue external growth opportunities, the Group will remain attentive to potential acquisitions.

Financial calendar

  • Publication H1 2023 results: 29 September 2023 (after the close of trading).
  • H1 2023 results information meeting: 2 October 2023 (by videoconference).
  • Publication of Q3 2023 revenue: 9 November 2023 (after the close of trading).



About

Founded more than 35 years ago, Equasens Group, which now has more than 1,200 employees in Europe, is the leading publisher of software solutions for the healthcare industry in terms of the diversity of its business applications and market share.

Equasens Group’s specialised business applications facilitate the day-to-day work of healthcare professionals and their teams, working in private practice, collaborative medical structures or healthcare establishments. The Group also provides comprehensive support to healthcare professionals in the transformation of their profession by developing electronic equipment, digital solutions and healthcare robotics, as well as financing and training adapted to their specific needs.

And reflecting the spirit of its tagline "more technology for more humanity", the Group is a leading provider of interoperability solutions that improve coordination between healthcare professionals, their communications and data exchange resulting in better patient care and a more efficient healthcare system.

Listed on Euronext Paris™ - Compartment A

Indexes: MSCI GLOBAL SMALL CAP - GAÏA Index 2020 - CAC® SMALL and CAC® All-Tradable

Included in the Euronext Tech Leaders segment and the European Rising Tech label

Eligible for the Deferred Settlement Service (“Service à Réglement Différé” - SRD) and equity savings accounts invested in small and mid-caps (PEA-PME).

ISIN: FR 0012882389 – Ticker Code: EQS

Get all the news about the Equasens Group and on

CONTACTS

Analyst and Investor Relations:

Chief Administrative and Financial Officer: Frédérique SCHMIDT

Tel. +33 (0)3 83 15 90 67 -

Media Relations:

FIN’EXTENSO - Isabelle APRILE

Tel. +33 (0)6 17 38 61 78 -   

Attachment



EN
03/08/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Pharmagest Interactive SA

 PRESS RELEASE

EQUASENS : Modalités de mise à disposition du rapport financier semest...

EQUASENS : Modalités de mise à disposition du rapport financier semestriel 2024 Villers-lès-Nancy, le 30 septembre 2024 - 20h00 (CET) COMMUNIQUE DE PRESSE EQUASENS annonce la publication de son rapport financier semestriel au 30 juin 2024 EQUASENS annonce que son rapport financier semestriel 2024 a été déposé auprès de l’Autorité des Marchés Financiers (AMF) en date du 30 septembre 2024. Ce document est disponible sur le site Internet de l’AMF ainsi que sur celui d’EQUASENS : (Rubrique INVESTISSEURS / Section INFORMATION RÉGLEMENTÉE). Ce rapport financier semestriel est composé de...

Arnaud Riverain
  • Arnaud Riverain

EQUASENS (EQS) - RN S1 : Préparation de 2025 / Achat - Obj. 74 € - Pot...

CA Groupe 108 M€ -4,1% (-5,7% pc) ROC 20,9 M€ (21,4 M€ attendu) – marge 19,3% vs 25,4% au S1 2023 RN 18,1 M€ - marge 16,7% vs 20,3% Gearing -40% vs -30,1% au 31/12/23 Trésorerie nette 88 M€ vs 69 M€ au 31/12/23

Arnaud Riverain
  • Arnaud Riverain

EQUASENS (EQS) - CA T2 : Moindre décroissance comme attendu / Achat - ...

CA Groupe 54,7 M€ -3% (55,9 M€ attendu) / -4,6% à périmètre comparable ; Apport acquisitions +1,7 M€ ; Effet Ségur +0,3 M€ vs +1,2 M€ au T2 2023 ; CA S1 108 M€ -4,1% (109,2 M€ attendu) / -5,7% pc; Retour de la croissance au S2 mais poursuite des investissements ;

 PRESS RELEASE

Equasens: H1 2024 revenue

Equasens: H1 2024 revenue Villers-lès-Nancy, 2 August 2024 - 6:00 p.m. (CET) PRESS RELEASE H1 2024 revenue: €108 million   Contributions from new acquisitions offset the base effect from the Ségur digital healthcare investment programme.The Divisions that sell equipment remain heavily impacted by the economic context. 2024 outlook: The Group expects to return to growth in H2.Profitability in 2024 will be impacted both by the continuation of the Group's investment policy and by unfavourable economic conditions. H1 revenue (€m)Reported 2023Reported 2024Change/Reported basis- Ségur 2024+...

 PRESS RELEASE

EQUASENS : Chiffre d’affaires S1 2024

EQUASENS : Chiffre d’affaires S1 2024 Villers-lès-Nancy, le 2 août 2024 - 18h00 (CET) COMMUNIQUE DE PRESSE Chiffre d’affaires S1 2024 à 108 M€ La contribution des croissances externes équilibre l’effet de base du Ségur.Les Divisions commercialisant du matériel restent fortement impactées par la conjoncture économique. Perspectives 2024 : Le Groupe compte renouer avec la croissance dès le S2.Le maintien de sa politique d’investissement tout comme la conjoncture économique défavorable auront un impact sur sa rentabilité en 2024. CA S1 (M€)Publié 2023Publié 2024Variation/publié- Ségur 20...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch