NAVSTONE SE: Publication of preliminary financial figures for fiscal year 2020

Waalre, April 16, 2021 – NAVSTONE SE, listed on the m:access of the Munich Stock Exchange (ISIN NL0009538008 / WKN A1CUJD), publishes preliminary financial figures for the fiscal year 2020.

In the fiscal year 2020 NAVSTONE SE generated revenues of EUR 0.2 million (previous year: EUR 5.7 million) and closed the fiscal year with a net profit of EUR 2.6 million (previous year: EUR 4.2 million). Earnings before taxes also amounted to EUR 2.6 million in fiscal 2020 (previous year: EUR 4.4 million). Both the decline in sales and the positive result are mainly attributable to the sale of the investment in IT Competence Group SE. Further positive effects on earnings were also achieved through the realignment of the investment in net digital AG and the associated share price development.

Group equity improved to around EUR 15.1 million as of the balance sheet date of December 31, 2020, compared with EUR 14.1 million in the previous year. NAVSTONE SE has a solid equity base with an equity ratio of around 87 percent. Cash and cash equivalents amounted to EUR 13.4 million as of the balance sheet date (previous year EUR 9.3 million).

As of the reporting date December 31, 2020, 4,579,341 shares of NAVSTONE SE were outstanding after deduction of treasury shares (treasury stock 1,976,104). Based on the EUR 15.1 million equity of NAVSTONE SE, the NAV is calculated at around EUR 3.30 per share.

For further questions please contact our Investor Relations team directly:

NAVSTONE SE

Investor Relations

 t.: +49 89-30659216
contact@navstone.eu

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