Financial Information
Key Figures
For Q1 and Q3, Loihde publishes the company's revenue, EBITDA and adjusted EBITDA. The half-year report and the financial statements release include a more extensive table of key figures.
Q1-2024
- Loihde Group’s revenue for the first quarter amounted to EUR 33.0 (31.3) million, an increase of 6%.
- EBITDA was EUR 1.4 (-0.4) million.
- Adjusted EBITDA1 was EUR 1.6 (-0.1) million, or 4.9% (-0.4%) of revenue.
Q4-2023 and financial year 2023
| EUR 1,000 | 10–12 2023 | 10–12 2022 | Change in % | 1–12 2023 | 1–12 2022 | Change in % |
| Revenue, EUR 1,000 | 37,266 | 36,045 | 3% | 132,690 | 122,987 | 8% |
| – Security | 26,693 | 25,495 | 5% | 92,366 | 82,450 | 12% |
| – Digital development | 10,417 | 10,584 | -2% | 40,105 | 40,849 | -2% |
| – Other (incl. eliminations) | 156 | -34 | 559% | 219 | -312 | 170% |
| EBITDA | 3,512 | 2,911 | 21% | 6,669 | 13,319 | -50% |
| Adjusted EBITDA, EUR 1,0001 | 3,771 | 3,351 | 13% | 7,569 | 10,290 | -26% |
| Adjusted EBITDA, %1 | 10.1% | 9.3% | 5.7% | 8.4% | ||
| Operating profit (EBIT), EUR 1,000 | 1,540 | 904 | 70% | -901 | 6,371 | -114% |
| Adjusted operating profit (EBIT), EUR 1,0001 | 1,799 | 1,485 | 21% | -1 | 3,482 | -100% |
| Profit/loss for the period, EUR 1,000 | 2,090 | 1,252 | 67% | -620 | 3,359 | -118% |
| Adjusted profit/loss for the period, EUR 1,0001 | 2,297 | 1,754 | 31% | 121 | 526 | -77% |
| Equity-to-assets ratio, % | 69.6% | 73.8% | 69.6% | 73.8% | ||
| Earnings per share (EPS), EUR, basic (undiluted)2 | 0.36 | 0.22 | 66% | -0.11 | 0.58 | -118% |
| Earnings per share (EPS), EUR, diluted2 | 0.36 | 0.22 | 64% | -0.11 | 0.58 | -118% |
| Return on investment (ROI), % | 1.9% | 0.9% | 0.5% | 6.0% | ||
| Adjusted return on investment (ROI), %1 | 2.1% | 1.4% | 1.3% | 3.5% | ||
| Average number of employees | 843 | 866 | -3% | 863 | 812 | 6% |
The table shows the figures for continuing operations, with the exception of the profit/loss for the period, where the profit for the financial year 2022 also includes the effect of discontinued operations on the profit, i.e. the additional purchase price that the company received for Hibox Systems Oy Ab that was sold in February 2021.
1 The adjusted EBITDA, the adjusted operating profit (EBIT) and the adjusted profit/loss for the period are calculated by excluding capital gains/losses arising from the disposal of properties, fixed asset shares and businesses, insurance and other compensations and other adjustments from the respective reported figure.
2 The parent company’s treasury shares (15,195 shares on average in October‒December 2023 and 0 shares on average in October‒December 2022, as well as 4,014 shares on average in January‒December 2023 and 32,948 shares on average in January‒December 2022) are excluded from the total number of shares.