Report

DNXcorp : Q2 sales in line – deconsolidation of payments activity

>Q2 sales: € 6.9m (vs € 7.0m est.) i.e. -9.3% l-f-l - DNXcorp yesterday evening reported Q2 sales, which were broadly in line with our estimates and down 9.3% l-f-l (-17.2% y-o-y before restatement) to € 6.9m (vs Oddo BHF’s estimate: -11.3% l-f-l, -16.8%e y-o-y and € 7.0m est.). The group also announced a capital increase under way for the payments subsidiary (sales of € 0.7m at end-June 2018; e-money licence in Malta), exclusively reserved for external investors. In ...
Underlying
DNXCORP SE

Dnxcorp SE. DNXCORP SE is a Luxembourg-based company that specializes in soft-core adult products and entertainment services on the Internet. The Company divides its activities into three segments: Shop/Store, Entertainment / Interactive services and Services Webs and Payments. The Shop/Store segment contains activities related to selling products via Internet; the Entertainment / Interactive services segment comprises sales of content, such as photos, videos, webcams); the Services Webs and Payments is related to payments services. The Company's range of products and services include erotic products for men and women, such as lingerie, toys, massage products, aphrodisiacs, educational and artistic books, guides and games, online photograph and video service, which offers subscription-based adult entertainment services and dating services, among others.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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