EQS-Adhoc

elumeo SE has published preliminary figures for 2023: Revenue stable compared to previous year, Web revenue significantly positive, adjusted EBITDA declining - Seite 2

Revenue from the Web distribution channel increased by 8.4% compared to the previous year to €14.5 million. The reason for the unexpectedly positive development was higher growth in sales in the fourth quarter of 2023, facilitated by the allocation of additional budget for optimizing marketing channels amounting to €0.9 million.

Regarding the definition of the alternative performance measure adjusted EBITDA, the company refers to the definition in its 2022 annual report on page 22, which was published on the company's website.

About elumeo SE:

Based in Berlin, the elumeo Group is the leading European company in the electronic direct sales of high-quality gemstone jewelry. Through a variety of electronic distribution channels (TV, Internet, Smart TV, and smartphone app), the publicly listed company offers its customers colored gemstone jewelry at favorable prices. The elumeo Group operates home shopping television channels in Germany, Austria, Switzerland, and Italy, as well as webshops in Germany, Austria, Switzerland, the United Kingdom, Italy, France, the Netherlands, Spain, and Belgium. Through its wholly-owned subsidiary jooli.com GmbH, the elumeo Group operates the AI-driven video shopping app Jooli.
 

 

Notifying person at the issuer;

elumeo SE 

Managing Director (Finance) 

Dr. Riad Nourallah

 

Contact:

elumeo SE                                                                                          

Dr. Riad Nourallah, Managing Director (CFO)                                                                                   

Erkelenzdamm 59/61, 10999 Berlin                                                

Tel.: [phone]                                                                 

Fax: [phone]                                                                

E-Mail: [e-mail]

http://www.elumeo.com

End of Inside Information

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29-Apr-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.