EQS Group - Stoking up the sales engine
EQS Group’s Q3 results were good, with revenues up 16% to €9.2m, boosted by a strong performance in Investor Relations, up by 28%. This points to the higher end of management’s FY20 target ranges for group revenue and EBITDA and we have lifted our forecasts accordingly. FY21 should be a pivotal year, with the opportunity to sign up clients ahead of the upcoming EU whistle-blower directive. Additional investment is being made to boost sales and marketing, dampening EBITDA in the short term but increasing the medium-term potential, with the €100m revenue target for FY25 intact.EQS Group AG, formerly known as EquityStory AG, is a Germany-based provider of regulatory technology (RegTech) in the fields of corporate compliance and investor relations. The Company's activities are divided into two operating segments: Compliance and Investor Relations. The Compliance segment comprises all products required for companies to fulfill their legal and regulatory obligations, including reporting obligations in the news segment (disclosure), submissions to the Federal Gazette (filing), and new products, such as Insider Manager, Integrity Line, LEI, and ARIVA Workflows. The and Investor Relations segment encompasses products for the areas of financial and corporate communications, including news, websites portals, webcasts and media. In addition, its products are pooled in the cloud-based software EQS COCKPIT. The Company's clients are small and medium-sized enterprises (SME), as well as corporate customers. It provides services worldwide.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
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