Annual report
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Press release October 20 , 2021 . . . claranova FY 2020-2021 annual results Revenue continues to grow and operating profit doubles TM FY 2020-2021 revenue of € 472 million , up 21 % at constant exchange rates and operating profit doubles as EBITDA¹ reaches € 34 million ( + 96 % ) Closing cash position at June 30 , 2021 of € 90 million , up 9 % , including a twofold increase in cash flow from operations to € 29 million² Return to growth expected in Q2 FY 2021-2022 following the 5 % contraction in Group revenue anticipated for Q1 Implementation of an option conferring a right to the Chairman & CEO to invest in the Group's subsidiaries ( PlanetArt , Avanquest , myDevices ) : cash - out conditional on a threefold increase in the value of Claranova's shareholding by June 30 , 2026 The 2020-2021 audited consolidated financial statements were approved by the Board of Directors on October 20 , 2021 . Pierre Cesarini , Chairman & CEO of the Claranova group , commented : " Today we are announcing another year of profitable growth and it is particularly satisfying to note that all Group divisions contributed in their respective manners to this success . With 21 % growth at constant exchange rates and EBITDA nearly doubling , Claranova has again demonstrated its ability to adapt and develop . The first few weeks of FY 2021-2022 were marked by a worldwide reversal of online traffic growth in the post - COVID environment , amplified by the impact of technological changes to Apple's app tracking features . For the first time in five years , these two exceptional market developments will have a negative impact on PlanetArt's growth , without however calling into question the relevance of our offerings and our business models over the long term . We thus remain confident in the PlanetArt's ability to very soon get back on its path to growth . " Paris , France - October 20 , 2021 , 6:00 p.m. ( CET ) . Claranova ended FY 2020-2021 ( July 2020 - June 2021 ) with € 472 million in revenue and confirmed the growth potential of its business portfolio with a 21 % increase 1 EBITDA ( earnings before interest , taxes , depreciation and amortization ) is a non - GAAP aggregate used to measure the operating performance of the businesses . It is equal to Recurring Operating Income before depreciation , amortization and share - based payments including related social security expenses and the IFRS 16 impact on the recognition of leases . Details on the calculation of EBITDA are presented in the Appendix to this presentation . 2 Before changes in net working capital . ANALYSTS - INVESTORS +33 1 41 27 19 74 ir@claranova.com CODES Ticker : CLA ISIN : FR0013426004 www.claranova.com FINANCIAL COMMUNICATIONS +33 1 75 77 54 65 ir@claranova.com PAGE 1/12