Lleidanetworks Stock Price, News & Analysis

Lleida.net (OTCQX:LLEIF) reported outstanding production data for Q2 2022, surpassing figures from the onset of the COVID-19 pandemic. The company sent 9.3 million SaaS units, a significant increase from 3.6 million in Q2 2019. Key business areas like Click&Sign, registered emails, and registered SMS contracts saw remarkable growth, with Click&Sign output tripling and registered emails reaching 4.1 million. Lleida.net continues to strengthen its position in the European electronic signature market, supported by a vast intellectual property portfolio with over 210 patents recognized in more than 60 countries.

The CEO of Lleida.net, Sisco Sapena, has secured an agreement with an institutional investor to purchase 120,200 shares off-market at €2.93 each, totaling over €352,000. Following this acquisition, Sapena will hold 35.33% of the company. This move is part of Lleida.net's continued commitment to return value to its shareholders, as the company recently distributed dividends amounting to €247,000 for the third consecutive year. Lleida.net boasts a robust intellectual property portfolio with 209 patents recognized in over 60 countries.

Lleida.net (OTCQX:LLEIF) has announced a dividend distribution of 247,000 euros, amounting to 0.0125 euros per share, for the third consecutive year. This decision was approved at the Ordinary General Shareholders' Meeting, reflecting the company's commitment to its shareholders amidst a challenging market in the technology sector. Furthermore, Lleida.net boasts a significant international intellectual property portfolio, with over 210 patents recognized in more than 60 countries.

Lleida.net (OTCQX:LLEIF) has been granted a new patent by the South African Patent Office for its text message certification method, marking its second patent in the country and extending its global patent count to 211. This innovation is part of the company's extensive intellectual property portfolio, recognized in over 60 countries. The company's founder, Sisco Sapena, emphasized Lleida.net's commitment to the South African market, a key player in the telecommunications sector with significant growth potential. In Q1 2022, sales surged by 31% year-over-year, reaching a record €5.21 million.

On June 8, 2022, Lleida.net (OTCQX: LLEIF) entered a contract with Banistmo, Panama's largest bank, to provide SaaS services for managing account opening and collection processes. This partnership utilizes Lleida.net's certified electronic signature technology, enhancing customer service and operational efficiency. Sisco Sapena, Lleida.net's founder, emphasized that this collaboration will reduce costs and increase reliability for Banistmo’s customers. Lleida.net, a leader in its field, reported a 31% sales increase in Q1 2022, reaching €5.21 million, marking its best sales quarter historically.

The Nigerian Postal Service (NIPOST) has partnered with Lleida.net (LLEIF) to utilize its technology for sending electronic communications. This agreement, effective immediately, is a strategic move in Lleida.net's expansion in Africa, particularly in Nigeria, the continent's largest market with over 211 million inhabitants. Estimated annual revenues from this deal could reach up to four million euros over the next three years. Lleida.net, a leader in registered electronic signatures, holds significant intellectual property in Nigeria, further enhancing its market position.

Lleida.net's CEO, Sisco Sapena, purchased 15,500 shares at an average price of 3.9957 euros on May 4, 2022, coinciding with the announcement of the company's best quarterly results ever. This transaction, totaling approximately 61,932.58 euros, marks Sapena's third share acquisition this year, increasing his ownership to 35.19%. The company reported a remarkable 31% sales increase year-over-year, reaching 5.21 million euros in Q1 2022. Lleida.net, a leader in electronic signatures, aims to distribute over 200,000 euros in dividends, as proposed by its Board of Directors.

Lleida.net (OTCQX: LLEIF) reported a 31% increase in sales in Q1 2022, reaching 5.21 million Euros, marking the best quarter in its history. This growth of 1.2 million Euros compared to Q1 2021 reflects progress in all business lines, particularly in SaaS, which grew by 36%. International sales represented 53% of total sales. The company expanded its workforce by 68% and aims to enhance R&D and internationalization. A dividend of 0.0125 Euros per share was proposed to shareholders, totaling over 200,000 Euros.

On April 25, 2022, Lleida.net announced a ruling by Spain's Supreme Court that mandates the sale of 3,413,680 shares, representing 21.27% of the company, to CEO Francisco Sapena at €1.7761 per share. The total payable amount is €6,063,037.048. This follows a lengthy legal process initiated back in 2015 when the listing of Lleida.net shares was contingent on a put option. The court's decision reinforces the validity of the put option, previously contested by Sapena.