WALLIX : No surprises from the H1 2023 earnings. The company seems to be on the right track going forward
>H1 earnings still clearly in a deficit but in line with the trajectory - Wallix reported after market close yesterday H1 2023 earnings broadly in line with forecasts. After posting half-year sales at € 13.9m, up 26.4% (of which +25% org. and +29.2% excluding Russia), reported EBIT stood at -€ 6.1m, close to our forecast (ODDO BHF -€ 5.5m). Adjusted for one-off items over the period (more significant than expected), underlying EBIT came to -€ 4.6m, meaning an underlyi...Wallix Group SA. Wallix Group SA is a France-based company specialized in the security software industry. The Company publishes computer security software relating to the access control and the traceability of privileged accounts or privileged access management (PAM) in the information systems of a number of companies. The Group serves various sectors, including healthcare, cloud & telcos and bank & insurance, among others. Through its solution, Wallix Bastion, the Group helps companies enhance their protection from cyber risks. Its solutions are distributed via a network of trained resellers. Wallix Group's portfolio includes audit and compliance, remote access security, cloud security and controlling industrial systems. In addition, through its subsidiaries the Company also provides computer security software editing services. Apart from France, the Company also operates in the United States.
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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