Business
SYZYGY : 9-Month Report 2022
SYZYGY : 9-Month Report
About this update from Syzygy Ag
9-Month-Report 09 30 2022 Interim Report Key financial figures as per 09/30/2022 2 80 % Germany 2022 52,712 2021 44,658 12% United Kingdom 2020 40,685 2019 47,631 8 % Others 2018 48,062 Development of sales Sales by segments (in kEUR) 2022 4,752 2022 -690 2022 4,062 2021 4,616 2021 2020 2,606 2020 2019 4,163 2019 2018 4,545 2018 -565 2021 -555 2020 -121 2019 335 2018 4,051 2,051 4,042 4,880 Operating income Financial income Income before taxes (in kEUR) (in kEUR) (in kEUR) 2022 3,039 2021 3,139 2020 1,458 2019 3,007 2018 3,693 2022 0.22 2021 0.23 2020 0.11 2019 0.22 2018 0.27 2022 3,689 2021 709 2020 3,548 2019 -6,284 2018 9,205 Net income Earnings per share Operating cash flow (in kEUR) undiluted (in EUR) (in kEUR) 26% Automotive 23 % Services 20 % Finance/insurances 16 % Consumer goods 6 % Telekommunication/IT 9 % Others Sales allocation by vertical markets 2022 110 2021 109 2020 97 2019 105 2018 102 Sales by employee (annualised) (in kEUR) 51 % 49 % 77 % 23 % Equity Liabilities Non current assets Current assets Balance sheet structure 50.33 % 34.77 % 8.71 % 6.19 % WPP plc., St, Helier Private investors/others Institutional investors HANSAINVEST 3 28 % 17 % 55 % Top 5 Top 6-10 Others Sales by clients' volume 19 % Strategy/consulting 19 % Technology 18 % Performance marketing 16 % Project management 15 % Design 13 % Administration Employees by function 68 % 32 % Bank deposits and overnight deposits Corporate and government bonds, investment funds Portfolio structure of cash and marketable securities Shareholder structure 4 Content 1 2 Key financial figures as per 09/30/2022 1 5 Business development and group management report Consolidated balance sheet Consolidated statement of comprehensive income Statement of changes in equity Consolidated statement of cash flows Selected explanatory notes 23 Financial calendar 2022 and contact syzygy-group.net Group management report 5 Business development and management report 3. Quarter January - September In kEUR 2022 2021 Change 2022 2021 Change Sales 18,343 14,622 25% 52,712 44,658 18% EBIT 1,644 1,518 8% 4,752 4,616 3% EBIT margin 9.0% 10.4% -1.4 pp 9.0% 10.3% -1.3 pp Financial income -47 -172 -73% -690 -565 22% EBT 1,597 1,346 19% 4,062 4,051 0% Net income 1,160 1,043 11% 3,039 3,139 -3% Earnings per share (EUR) 0.08 0.08 0% 0.22 0.23 -4% Liquid assets and marketable securities 3,338 1,731 93% 3,338 1,731 93% Operating cash flow 3,732 -708 n.a. 3,689 709 420% Employees incl. freelancers 637 545 17% 637 545 17% 1. General The following Group Management Report provides information on the performance of the SYZYGY GROUP (hereinafter referred to as "SYZYGY", the "Group" or the "Company"). The consolidated financial statements on which the Group Management Report is based have been prepared in accordance with International Financial Reporting Standards (IFRS). The financial year corresponds to the calendar year. 2. Group profile For information on the SYZYGY GROUP's structure, strategy and management, please refer to the explanatory notes in the 2021 management report (2021 Annual Report, page 58 ff.). From the Group's viewpoint, the following changes apply with regard to the above in the first nine months of 2022: The remaining outstanding shares in diffferent GmbH were acquired in the third quarter. With effect from January 1, 2022, SYZYGY increased its shareholding from 77.5 per cent to 100 per cent. The Group consists of SYZYGY AG as the holding company and seven subsidiaries: Ars Thanea S.A. diffferent GmbH SYZYGY Deutschland GmbH SYZYGY Digital Marketing Inc. SYZYGY Performance Marketing GmbH SYZYGY UK Ltd. Unique Digital Marketing Ltd. 2.1. Employees The headcount at the SYZYGY GROUP rose sharply in the period covered by the report. The SYZYGY GROUP had a total of 588 permanent employees as at September 30, 2022. This represents an increase of 53 employees compared with December 31, 2021, and a rise of 82 compared with the prior-year quarter. The number of employees in the German companies rose by 63 people compared with the prior-year quarter, while the number of employees in the international companies increased by 19 overall.