Villers-lès-Nancy,
PRESS RELEASE
2022 third-quarter revenue
- Q3 2022 revenue: +13.39 % to €50.13m.
- Nine-month growth momentum remains on track: +11.29 % to €153.70m.
- The Group confirms that this level will be maintained for the 2022 full year.
In €m | 2021 | 2022 | Change 2022/2021 |
Q1 | 45.27 | 49.36 | + 9.03 % |
Q2 | 48.63 | 54.21 | + 11.48 % |
Q3 (unaudited) | 44.21 | 50.13 | + 13.39 % |
9 month YTD | 138.11 | 153.70 | + 11.29 % |
On a like-for-like basis (excluding the acquisition of PROKOV EDITIONS), Q3 2022 revenue grew 9.94% from last year’s third quarter to €48.61m.
Growth by all Divisions (while the FINTECH ecosystem remained impacted by challenging market conditions).
For the first nine months, Equasens Group’s consolidated revenue reached €153.70m, +11.29 % in relation to the same period in 2021. Like-for-like (excluding PROKOV EDITIONS’ acquisition), revenue year-to-date was €149.72m, +8.40 % compared to the first nine months of 2021.
Operating highlights by Division at
PHARMAGEST Division: Q3 2022, +10.51 % to €36.86m. At 30/09/2022, +7.96 % to €112.67m. This Division accounts for 73.53 % of total Group revenue.France : Q3 2022, +10.45 % to €33.13m. At 30/09/2022, +7.24 % to €100.94m.
In parallel with the electronic labelling activity, which is continuing to perform well, and pending the introduction of new functionalities linked to developments linked to the
Italy : Q3 2022, +13.43 % to €2.57m. At 30/09/2022, +16.41 % to €7.87m.
Growth momentum is continuing both for pharmacies driven by the investment plan (strengthening of the sales team, opening of new outlets) and for wholesaler-distributors supported by the effectiveness of the Farmaclick® ordering platform. The opening of the market for the manual dispensing solution should accelerate sales of MultiMeds manual pill dispensers, the only solution present in this market in
Belgium : Q3 2022 down 6.14 % to €0.56m. At 30/09/2022, +6.92 % to €1.94m.
Investments by pharmacies and pharmacy groups continue to be limited by the uncertain economic environment which is delaying the commercial roll-out of the new id. brand offering and the launch of the electronic labelling activity.
- Digital Communication: Q3 2022, +20.71 % to €0.59m. At 30/09/2022, +15.55 % to €1.92m.
This Business Unit has successfully identified its market and provides dedicated services fully adapted to the marketing strategies and expenditures incurred by pharmacists, manufacturers and pharmaceutical groups.
- AXIGATE LINK Division: Q3 2022, +17.47 % to €7.47m. At 30/09/2022, +11.24 % to €22.61m. This Division accounts for 14.91 % of total Group revenue.
The positive momentum that began in Q2 is continuing in response to the qualification of virtually all the Division's software solutions (DOMILINK HAD, HOSPILINK, MEDILINK, TITAN) for the three market segments of the Ségur programme:
- Nursing home sector: Q3 2022, +25.43 % to €3.72m. At 30/09/2022, +12.99 % to €11.40m;
- The Hospital-at-Home (HaH) care sector: Q3 2022, +14.16 % to €1,41m. At 30/09/2022, +6.23 % to €4.08m;
- Hospitals: Q3 2022 down 4% to €1,03m. At 30/09/2022, +3.64 % to €3.17m;
- the Healthcare Establishment and Private Practice: Q3 2022, +21.60 % to €1,18m. At 30/09/2022, +15.95 % to €3.53m pandaLAB Pro's recent certification reinforces the Group's strategy of promoting interconnectivity and should accelerate the application's deployment in specific private ecosystems.
The Telemedicine business' growth momentum (0.26% of total Group revenue) remains on track: +12.24% in Q3 2022 to €0.13m and +46.15% at
- E-CONNECT Division: Q3 2022 down 2.96% to €3.83m. At 30/09/2022, +11.84 % to €12.91m. This Division accounts for 7.64 % of total Group revenue.
- In the Frailty Management sector, the Division is continuing to promote its new homecare product LIVIAHOME by NOVIAcare and is multiplying contacts with partners and distributors, with homecare a priority both in
France and inEurope . - While growth of the Compliance has remained steady, the e-Connect Business Unit has experienced a marginal slowdown. Supply chain difficulties for electronic components continue to be a major issue adversely affecting the BU's activity. By anticipating these market challenges and implementing a CSR strategy to improve equipment remanufacturing, the e-Connect Business Unit is able to meet its production capacity and deadlines.
- In the Frailty Management sector, the Division is continuing to promote its new homecare product LIVIAHOME by NOVIAcare and is multiplying contacts with partners and distributors, with homecare a priority both in
- MEDICAL SOFT Division (which includes the PROKOV EDITIONS business integrated in Q4 2021): PROKOV EDITIONS announced Q3 2022 revenue of €1.52m. As at 30/09/2022, year-to-date revenue reached €3.98m. This Division accounts for 3.04 % of total Group revenue.
PROKOV EDITIONS was the first company in the market to obtain Ségur certification for its medical software and began implementing its action plan in June:
- business development and marketing initiatives to promote and sell MédiStory 4's functionalities and enhancements;
- technical initiatives to roll out this version while continuing to develop innovative new modules to meet the requirements of both general practitioners and specialists.
- FINTECH Division: Q3 2022 down 19.22 % to €0.45m. At 30/09/2022, down 18.77 % to €1.53m. This Division accounts for 0.89 % of total Group revenue.
The combined impact of inflation and rising interest rates has created an environment of general uncertainty for this business. Given the reluctance of banks in this context, the FINTECH Division represents a solid alternative, with a mature offering in this market and highly reputable lending partners.
Update of Ségur listings
While the id. by
Significant events occurring after
On
In response to the growing cybersecurity challenges, this dual certification highlights:
- PANDALAB's commitment to guarantee its customers a high level of development quality, confidentiality and security of their information assets,
- its strategy of improving the coordination of healthcare through its secure intermediation platform pandaLAB HUB by promoting interoperability between all healthcare applications.
While continuing to invest in business software implementation for
At the end of
2022 outlook
In line with its latest acquisitions in
Financial calendar:
- Publication of FY 2022 annual revenue:
3 February 2023 (after the close of trading).
About
With more than 1,200 employees fulfilling a vital role as “Citizens in the Service of Health and Well-Being”,
With operations in in
Listed on Euronext Paris™ - Compartment A
Included in the Euronext Tech Leaders segment and the European Rising Tech label
Indexes: MSCI GLOBAL SMALL CAP - GAÏA Index 2020 - CAC® SMALL and CAC® All-Tradable
Eligible for the Deferred Settlement Service (“Service à Réglement Différé” - SRD) and equity savings accounts invested in small and mid caps (PEA-PME).
ISIN: FR0012882389 - Ticker Code: EQS
For all the latest news on
CONTACTS
Analyst and Investor Relations:
Chief Administrative and Financial Officer: Jean-Yves SAMSON
Tel. +33 (0) 83 15 90 67 - jean-yves.samson@equasens.com
Media Relations:
FIN’EXTENSO - Isabelle APRILE
Tel. +33 (0)6 17 38 61 78 - i.aprile@finextenso.fr
Attachment
- EQUASENS_PRESSRELEASE_20221109_Q3 2022 REVENUE_en_US
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