Lleidanetworks Stock Price, News & Analysis

Checkpoint Partners has maintained a 'Buy' rating for Lleida.net (LLEIF) and raised its price target to €4.00 from €3.00, citing strong financial performance. The company achieved record-breaking results in Q1 2025, with sales reaching €5.29 million (up 12%), EBITDA of €1.22 million (up 84%), and pre-tax profit of €641,000 (up 477% YoY).

Analyst Guillermo Serrano expects Lleida.net to deliver an EBITDA of €3.7 million and Net Profit of €2.3 million in 2025. The company, a leading European provider of certification and electronic signature services, is currently trading at 7x and 5x EV/EBITDA multiples for 2025 and 2026, respectively, which the analyst considers undervalued for a growth company.

Lleida.net (LLEIF) achieved its strongest quarterly performance in Q1 2025, with sales reaching €5.29 million, marking a 12% increase year-over-year. The company reported record-breaking financial metrics, including an EBITDA of €1.22 million (up 84%) and operating profit of €716,000 (up 387%). Pre-tax profit surged by 477% to €641,000. The success stems from the company's Recovery Plan launched in November 2023, focusing on cost control, internal reorganization, and commercial expansion in Europe and Latin America. Notable growth was seen in Registered Electronic Contracting (31%) and commercial SMS (29%) product lines. The company reduced its net financial debt by 7% (€500,000) and maintains a strong focus on standard products, which represent 48% of total sales.

Lleida.net announces a significant board restructuring with the proposed appointment of four new female independent directors, moving towards complete gender parity. The candidates - Anna Bisart Rosell, Teresa Reales Peinado, Ana Serrano Oñate, and Sílvia Cunill Calvet - will join existing board member Arrate Usandizaga.

The appointments, to be voted on at the June 5 General Shareholders' Meeting in Madrid, will position Lleida.net ahead of compliance with Organic Law 2/2024, which mandates 40% representation of the less represented gender on boards by June 2026. The new directors bring diverse expertise in:

• Global talent management
• Finance and human resources
• Oil and gas industry
• Banking and digital transformation

The announcement coincides with the voluntary departure of two board members, Beatriz García Torre and Jordi Carbonell i Sebarroja. CEO Sisco Sapena emphasizes that the new directors' diverse perspectives will enhance board agility and rigor during the company's next growth phase.

Lleida.net (LLEIF) reported strong financial performance in 2024 with a 16% increase in sales to €19.05 million, according to audited data. The company achieved a net profit of €883,000, reversing losses of €2.65 million from 2023. EBITDA significantly improved to €3.24 million from €84,000 in 2023.

All business divisions showed double-digit growth:

• ICX Wholesale division: up 24% to €6.92 million
• Registered Electronic Notification: increased 25% to €2.04 million
• SMS solutions: grew 13% to €3.77 million
• Contracting line: rose 13% to €3.47 million

The company reduced net financial debt by 22% to €7.41 million through cost optimization, including 19% lower personnel expenses and 22% reduction in external services. The consolidated gross margin improved by 11% to €10.18 million, though margin on sales slightly decreased to 53.44%.

Lleida.net (BME:LLN) (EPA:ALLN) (OTCQX:LLEIF) reported significant growth in 2024, with a 36.15% increase in client base to 4,222 accounts from 3,101 in 2023. The company expanded its geographical presence to 61 countries, with international customers accounting for 54.62% of transactions, up 7.38% year-over-year.

Financial highlights include annual turnover of 19.05 million euros, an increase of 2.56 million euros from 2023. EBITDA surged to 3.26 million euros, a dramatic 3,792% increase from 84,000 euros in 2023. The company achieved a net profit of 840,000 euros, recovering from 2.72 million losses in 2023.

The company issued 19,260 invoices in 2024, with an average value of 989.56 euros, compared to 17,691 invoices averaging 932.15 euros in 2023. Client segmentation shows 356 accounts above 5,000 euros, 431 between 500-5,000 euros, and 3,435 below 500 euros.

Lleida.net has secured contracts worth €672,000 in Colombia and Peru during Q4 2024, primarily with government institutions in Colombia and universities in Peru. The company reported significant financial growth in 2024, with sales reaching €19.05 million, a 16% increase from the previous year. Notable achievements include an EBITDA profit of €3.26 million, marking a substantial 3,792% growth from €84,000 in 2023.

The company's pre-tax profit showed a remarkable 131% increase, growing by over €3.56 million in 2024. The contracts in Colombia were signed with various government entities including ANLA and DIMAR, while Peruvian agreements include partnerships with Universidad de Lima and Universidad del Pacífico. The company plans to strengthen its presence in Latin America throughout 2025 and 2026, building on its established operations in South America since 2014.

Lleida.net announced plans to restructure subsidiaries and focus on growth in Europe and Latin America markets. The company reported significant financial improvements in 2024, with a 16% increase in turnover reaching 19.05 million euros and an EBITDA of 3.26 million euros, compared to 84,000 euros in 2023.

The company achieved a profit of 840,000 euros in 2024, recovering from a 2.72 million loss in the previous year. Profit before tax increased by 131%, growing by 3.56 million euros. The company's debt position improved to 8.44 million euros, representing a 2.4 million reduction from 2023.

CEO Sisco Sapena emphasized focusing on sustainable growth and profitability rather than volume, noting his personal investment of nearly two million euros in company shares. Lleida.net, founded in 1995, holds over 300 patents across 60 countries for electronic notification, contracting, and signature innovations.

Lleida.net reported strong financial results for 2024, with sales increasing by 16% to reach €19.05 million. The company achieved significant improvements across key metrics, with EBITDA surging to €3.26 million from €84,000 in 2023, representing a 3792% increase. Profit before tax grew by 131% to €3.56 million, with net earnings of €840,000, recovering from previous year's losses.

All business lines showed double-digit growth, with Registered Electronic Notification services increasing by 25% to €2.04 million and ICX Wholesale line growing by 24% to €6.92 million. The company's restructuring plan implemented in 2023 proved effective, resulting in a 22% reduction in net financial debt to €7.41 million, along with a 19% reduction in personnel costs and 25% decrease in external services.

Lleida.net reported strong financial performance in 2024, with sales increasing by 16% to reach €19.05 million, representing a €2.56 million increase from the previous year. The company's EBITDA surged to €3.26 million, marking a significant 3792% growth from €84,000 in 2023. Profit before tax grew by 131% to €3.56 million, with net earnings of €840,000, recovering from 2023's €2.72 million loss.

All business lines showed double-digit growth, with Registered Electronic Notification services increasing by 25% to €2.04 million and ICX Wholesale line growing 24% to €6.92 million. The company successfully implemented a Restructuring Plan, reducing net financial debt by 22% to €7.41 million. Cost-cutting measures resulted in 19% lower personnel costs and 25% reduced external services, saving approximately €2 million.