Earnings release
Page 1
1876 ATHEX Athens Stock Exchange Press Release 26 July 2021 - 1st Half 2021 financial results € 5.06m net after tax profits Turnover in the 1st half of 2021 for the Athens Exchange Group was € 18.41m compared to € 15.18m in the corresponding period last year , increased by 21.3 % . 50 % of the turnover of the Group is from fees on trading , clearing and settlement of trades on the Athens Exchange , posting a € 354 thousand change compared to the corresponding period in 2020 , i.e. a 4 % increase . 22 % of the turnover concerns revenue based mainly on the capitalization of the market , which increased by € 1.23m compared to the corresponding period last year ( + 44.8 % ) , mainly due to the increase in the size of the market as well as to the new issues . Lastly , 28 % comes from services and data provided by the Group , which posted a € 1.65m increase ( + 46.4 % ) compared to the 1st half of 2020 , mainly due to the services to other entities in Greece and abroad that are licensed market operators . It is noted that in the 1st half of 2021 the Average Daily Value of Transactions was € 81.3 million , increased by 8.0 % compared to the 1st half of 2020 ( € 75.3m ) , and the average capitalization of the Greek capital market increased 16.6 % compared to the average capitalization of the 1st half of 2020 ( € 57.6 billion vs. € 49.4bn ) . The Athens Stock Exchange General Index was up 38.5 % at the end of the 1st half of 2021 compared to the end of the corresponding period last year . Total operating expenses including ancillary services in the 1st half of 2021 were € 10.24m compared to € 9.48m in the corresponding period last year , increased by 8.0 % . As a result of the above , the Earnings before Interest , Taxes , Depreciation and Amortization ( EBITDA ) in the 1st half of 2021 were € 7.45m , increased by 48.5 % compared to € 5.01m in the corresponding period in 2020 . The consolidated Earnings Before Interest and Taxes ( EBIT ) in the 1st half of 2021 amounted to € 5.29m vs. € 2.88m in the 1st half of 2020 , increased by 83.8 % . In the 1st half of 2021 , the consolidated net after tax earnings of the Group amounted to € 5.06 million compared to € 2.27m in the 1st half of 2020 , increased by 122.7 % . Based on the guideline for the Alternative Performance Measures ( APMs ) published by the European Securities and Markets Authority ( ESMA ) , the adjusted earnings per share were € 0.084 compared to € 0.038 in the corresponding period last year . The financial statements of the Group and the Company are posted on the Company's website ( www.athexgroup.gr ) . 110 Athinon Ave , 10442 Athens Greece , tel +30 210 3366800 | GEMI 3719101000