Lleida.net's monthly turnover customers over 5,000 euros per month increase 38.6% in the period from November 2023 to November 2024

Rhea-AI Summary

Lleida.net reported significant growth metrics, with a 38.6% increase in clients billing over €5,000 monthly and a 13.6% growth in customers billing under €500 monthly from November 2023 to November 2024. The company's cumulative sales reached €13.95 million in the first three quarters of 2024, marking a 12% increase year-over-year. Notable achievements include a substantial rise in EBITDA to €2.21 million, representing a 1322% increase from the previous year. The company also secured two new contracts with the Colombian government valued at €665,000. Lleida.net, established in 1995, holds over 300 patents across 60 countries for its certified electronic notification, contracting, and signature innovations.

Positive

• 38.6% increase in high-value clients (>€5,000 monthly billing)
• 13.6% growth in smaller clients (<€500 monthly billing)
• 12% year-over-year increase in sales to €13.95 million
• 1322% increase in EBITDA to €2.21 million
• New Colombian government contracts worth €665,000

Negative

• None.

Madrid, December 9 - Spanish listed company Lleida.net (BME: LLN) (EPA: ALLLN) (OTCQX: LLEIF) saw a 38.6% increase in the number of clients with monthly billings of more than EUR5,000 in the last year.

And, with respect to customers with billings of less than €500 per month, the company saw year-over-year growth of 13.6 percent.

Lleida.net, which is listed in Madrid, Paris, New York, Stuttgart and Frankfurt, recorded cumulative sales of 13.95 million euros in the last three quarters of 2024, 12 percent more than last year.

As of September 30, 2024, the company's cumulative EBITDA is €2.21 million, 1322% above the cumulative as of September 30, 2023.

The company recently announced the signing of two new contracts with the Colombian government worth 665,000 euros.

Lleida.net, founded in 1995, has received more than 300 patents from 60 countries for its innovations in certified electronic notification, contracting and signature, and is considered one of the industry leaders.

SAFE HARBOR STATEMENT

This press release contains statements regarding the future of the company and its innovations. Statements regarding the future may be accompanied by words such as “anticipate”, “believe”, “estimate”, “wait”, “anticipate”, “pretend”, “power”, “plan”, “potential”, the use of future time and other terms of similar meaning. No undue reliance should be placed on these claims. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including uncertainty of the company's commercial success, ability to protect our intellectual property rights, and other risks. These statements are based on current beliefs and forecasts and refer only to the date of this press release. The company assumes no obligation to publicly update its forward-looking statements, regardless of whether new information, future events or any other circumstance arise.

FAQ

What was Lleida.net's (LLEIF) revenue growth in the first three quarters of 2024?

Lleida.net reported cumulative sales of €13.95 million in the first three quarters of 2024, representing a 12% increase compared to the same period last year.

How much did Lleida.net's (LLEIF) EBITDA grow in 2024?

Lleida.net's EBITDA reached €2.21 million as of September 30, 2024, showing a 1322% increase compared to September 30, 2023.

What is the value of Lleida.net's (LLEIF) new Colombian government contracts in 2024?

Lleida.net secured two new contracts with the Colombian government worth €665,000.