Lleida.net Wins First Latin American Tender for its Universal Signature Verification Certificate (USVC)

Rhea-AI Summary

Lleida.net (LLEIF) has secured its first Latin American tender from INDOTEL to implement its Universal Signature Verification Certificate (USVC) platform in the Dominican Republic. The USVC is an API-based system that verifies electronic signatures and certificates, ensuring document authenticity and compliance with eIDAS regulations. The company reported strong Q1 2025 results with sales of €5.29M (up 12% YoY), EBITDA of €1.22M (up 84%), and operating profit of €716,000 (up 387%). Founded in 1995, Lleida.net holds over 300 patents across 60+ countries and is listed on multiple exchanges including BME Growth, Euronext Paris, and OTCQX. The company's presence in Latin America spans more than a decade with offices in Peru, Brazil, Dominican Republic, and Colombia.

Positive

• First USVC contract win in Latin America, opening new regulated market segments
• Strong Q1 2025 financial performance with sales up 12% to €5.29M
• Record quarterly EBITDA of €1.22M, up 84% YoY
• Significant operating profit growth of 387% to €716,000
• Extensive patent portfolio with 300+ patents across 60+ countries

Negative

• None.

June 23, 2025 — Spanish technology company Lleida.net (BME: LLN) (EPA: ALLN) (OTCQX: LLEIF) has won a tender from the Dominican Telecommunications Institute (INDOTEL) to deploy its Universal Signature Verification Certificate (USVC), a platform to verify electronically signed documents.

This award marks Lleida.net’s first USVC contract in Latin America, opening regulated market segments such as government services, notaries or registries across the Caribbean and mainland markets.

USVC is an API-based verification system that verifies electronic signatures and certificates associated with digitally signed documents, confirming their origin, authenticity, and integrity. The tool provides immediate, automated, legally admissible verification results compatible with eIDAS regulations, streamlining document workflows, limiting risks and ensuring legal compliance.

"USVC, in just a few years, has become one of our most important products, and that shows that investing in research and development continues to be one of our greatest strategic decisions."

The company maintains offices in Peru, Brazil, Dominican Republic and Colombia and has had a presence in Latin America for more than a decade.

Lleida.net reported the best quarter in its history between January and March 2025, achieving sales of €5.29 million, a 12% increase compared to the same period in the previous year.

Its quarterly EBITDA reached €1.22 million, up by 84%, also marking the best figure in its historical series.

These results reflect Lleida.net’s expense-control policies, internal reorganization, and commercial expansion in Europe and Latin America throughout 2024. Operating profit for the period reached €716,000, representing a 387% increase compared to the first quarter of 2024.

Founded in 1995, Lleida.net is one of Europe’s leading providers of registered certification, notification, and electronic-signature services.

The company holds more than 300 patents across over 60 countries in the fields of certified electronic notifications, contracting, and electronic signatures.

Currently, its shares are traded on BME Growth (Madrid), where they have been listed for 10 years, as well as Euronext Paris, OTCQX in New York, Stuttgart, and Frankfurt.

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 is the significance of Lleida.net's USVC contract win in the Dominican Republic?

It marks Lleida.net's first USVC implementation in Latin America, opening opportunities in regulated markets like government services, notaries, and registries across Caribbean and mainland markets.

How did Lleida.net (LLEIF) perform financially in Q1 2025?

The company achieved its best quarter ever with sales of €5.29M (up 12% YoY), EBITDA of €1.22M (up 84%), and operating profit of €716,000 (up 387%).

What is Lleida.net's USVC platform?

USVC is an API-based verification system that verifies electronic signatures and certificates, confirming document origin, authenticity, and integrity while ensuring compliance with eIDAS regulations.

Where is Lleida.net (LLEIF) stock traded?

Lleida.net shares are traded on BME Growth (Madrid), Euronext Paris, OTCQX in New York, Stuttgart, and Frankfurt.

What is Lleida.net's patent portfolio?

The company holds more than 300 patents across over 60 countries in certified electronic notifications, contracting, and electronic signatures.