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Regulatory press release

TalkPool AG: Talkpool presents its Q3 interim report 2024

TalkPool
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In the third quarter of 2024, Talkpool started to grow after several years of successful turnaround with improving profit margins, reduced debt and a sharper focus. New technologies such as Artificial Intelligence and telecom Apps open opportunities for growth.

Jul 1st - sep 30th 2024

  • Net sales of EUR 4 128 thousand (compared to EUR 3 749 thousand in Q3 2023)
  • EBITDA of EUR 523 thousand (564) and EBITDA margin of 12.7% (15.0%)
  • EBIT of EUR 480 thousand (530) and EBIT margin of 11.6% (14.1%)
  • Net Earnings After Tax of EUR 147 thousand (307) and net EAT margin of 3.6% (8.2%)

Jan 1st - Sep 30th 2024

  • Net sales amounted to EUR 11 787 thousand (compared to EUR 11 333 in 2023)
  • EBITDA of EUR 1 328 thousand (1 158) and EBITDA margin of 11.3% (10.2%)
  • EBIT of EUR 1 198 thousand (1 050) and EBIT margin of 10.2% (9.3%)
  • Net Earnings After Tax of EUR 463 thousand (712) and EAT margin of 3.9% (6.3%)

July - September key developments

  • The overall results from June to September 2024 clearly exceeded Talkpool's internal expectations. Operational performance continued close to all-time high levels. The companies in Germany and Switzerland overperformed whereas the Pakistani business continued to underperform in the third quarter.
  • A decision to initiate conversion of loans amounting to approximately EUR 465'000 into 877'482 shares was initiated. After completing the conversion, this will result in a EUR 465'000 reduction of debt for Talkpool AG and an increase of issued shares from 6'778'097 to 7'655'579 shares.
  • Talkpool intensified contacts with clients, partners and advisors in an iterating work to find its path in the next years. The board of directors met for a September strategy work-shop in which several groundbreaking changes for Talkpool's industry were discussed. On the 30th of September, Talkpool's board of directors published a financial summary and a first indicative guidance to shareholders of the upcoming growth plans.