Heliad AG
FinLab AG: FinLab publishes 2020 annual financial report
DGAP-News: FinLab AG
/ Key word(s): Annual Report/Annual Results
Frankfurt am Main, March 23, 2021 – FinLab AG (WKN 121806, ISIN DE0001218063, ticker A7A.GR) today publishes its figures for the 2020 financial year. FinLab has developed positively in the past fiscal year. A total result of EUR 25.8 million (PY: EUR 36.6 million) and a net result for the period of EUR 6.1 million (PY: EUR 39.5 million) were achieved in accordance with International Financial Reporting Standards (IFRS). According to the German Commercial Code (HGB), the company achieved a net income of EUR 0.3 million (PY: EUR -1.5 million). FinLab’s net asset value (NAV) per share increased from EUR 27.12/share to EUR 32.02/share as of the balance sheet date. The equity of the company according to IFRS amounts to EUR 168.6 million (PY: EUR 142.8 million). The stable equity ratio is 97.4% (PY: 97.9%). As of the balance sheet date, the Company had cash and cash equivalents of EUR 6.1 million (PY: EUR 6.8 million). After more than ten years of service, Dr. Friedrich Schmitz resigned from the Supervisory Board of FinLab AG for personal reasons. Mr. Herbert Seuling has succeeded him by court appointment as of March 16, 2021. FinLab looks forward to working with Mr. Seuling and would like to thank Dr. Schmitz for his many years of support and commitment to FinLab AG. The Annual Financial Report 2020 will be published at www.FinLab.de in the Investor Relations section.
23.03.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | FinLab AG |
Grüneburgweg 18 | |
60322 Frankfurt/Main | |
Germany | |
Phone: | +49 (0)69 719 12 80 – 0 |
Fax: | +49 (0)69 719 12 80 – 011 |
E-mail: | investore-relations@finlab.de |
Internet: | www.finlab.de |
ISIN: | DE0001218063 |
WKN: | 121806 |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange |
EQS News ID: | 1177394 |
End of News | DGAP News Service |