Waalre, June 30, 2021 – NAVSTONE SE, listed on the m:access of the Munich Stock Exchange (ISIN NL0009538008 / WKN A1CUJD), confirms 2020 financial figures as reported in April 2021.
NAVSTONE SE generated revenue of EUR 0.2 million in 2020 financial year (previous year: EUR 5.8 million) and finalized the financial year with a clearly positive net profit of EUR 2.6 million (previous year: EUR 4.2 million). Earnings before taxes in the 2020 financial year also amounted to EUR 2.6 million (previous year: EUR 4.4 million). Both the decline in revenue and the positive result are mainly due to the sale of the stake in audius SE. Further positive effects on the result were also achieved through the realignment of the investment in net digital AG and the associated share price development.
Group equity improved to EUR 15.1 million as of the balance sheet date 31 December 2020, compared to EUR 14.1 million in the previous year. With an equity ratio of around 87 percent, NAVSTONE SE has a very solid equity base. Liquidity including marketable securities amounted to EUR 13.4 million on the balance sheet date (previous year EUR 9.3 million).
As of 31 December 2020, 4,579,341 shares of NAVSTONE SE were outstanding after deduction of treasury shares (treasury stock 1,976,104). With equity of around EUR 15.1 million of NAVSTONE SE, the NAV was around EUR 3.30 per share.
The annual report for 2020 will be published on the website www.navstone.eu in due course.
For further questions please contact our Investor Relations Team directly:
t.: +49 89-30659216