A company's turnover is an indicator of its performance over a given period. The same is true for the other parameters often communicated by companies in their annual results. This is the case for NEXTEDIA, whose business indicators show a strong improvement in activity over the last year.
NEXTEDIA is a company listed on the Paris Stock Exchange and on Euronext. Its expertise is sought in the areas of Cloud, Cybersecurity, Digital Workspace and Customer Experience. Its overall activity is up by 6.9% as indicated by its turnover of 26.1 million euros. 26.1 million. The increase in its activity is estimated at 16.0% on average over the last three financial years.
This improvement shows the effectiveness of the development model adopted by NEXTEDIA. The group easily manages to combine acquisitions and organic growth by relying on its historical know-how.
Indeed, the group's activity over this period was marked by the acquisition of ANETYS at the end of November 2020 and delays in certain business due to the health crisis. It is also worth noting the significant progress made in some larger transformation projects.
Furthermore, ANETYS is a company with indisputable skills in Cloud, Cybersecurity as well as modernization of the workspace: i.e. the Digital Workspace.
NEXTEDIA achieved a 163.9% increase in net profit to €2.5 million with €0.1 million in income tax. As for the operating result, it improved by +17.8% and reached 1.5 million euros. This figure takes into account 0.3 million euros of depreciation donations. Also, an increase of 176.4% is noted in the current result before tax, which stands at 2.6 million euros.
The net result includes a net exceptional income of 1.0 million euros as well as a financial result close to zero. 1.0 million and a financial result close to zero. It should be noted that the exceptional result is mainly based on a capital transaction income of EUR 1.7 million. 1.7 million, which is related to a dispute resolved in favour of NEXTEDIA in 2020.
On the other hand, the group recorded an Ebitda up by 26.3% to €1.8 million compared to its level at the end of 2019. As a result, the Ebitda margin stands at 6.9% gaining 1.1 points.
On the cash side of NEXTEDIA, its net debt represents 0.1 times equity at the end of December 2020 and 1.4 times Ebitda. Net debt for the whole of last year was €2.8 million compared to €3.4 million at the end of 2019. In addition, the company took out new loans of €6.9 million to repay its debt. This also enabled it to extend the maturity of its financing.
At the end of fiscal year 2020, financial debt reached €7.0 million, while €3.0 million represents the amount of earn-out commitments during the latest acquisitions.
Finally, NEXTEDIA has a cash position of €7.4 million, which will enable it to implement its strategic plan until 2023.