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ZEAL Network SE
11/6/2024
Good morning, ladies and gentlemen, and welcome to today's earnings call of the SEAL Network SE, following the publication of the Q3 figures of 2024. I am delighted to welcome the CEO, Dr. Helmut Becker, as well as the CFO, Sebastian Gielski, who will speak in a moment and guide us through the presentation and the results. After the presentation, we will move on to a Q&A session in which you will be allowed to place your questions directly to the management. So I would say let's jump straight into the numbers. Mr. Bielski, the stage is yours.
Good morning, everybody, and welcome to the earnings call for the first nine months for 2024 for Zeal Network. I hope that you can all see the presentation. If not, you can also download it from our investor relations section on our homepage. What we will talk about is the following. We will give a summary of the first nine months, talk a little bit about the financial performance. Helmut will give an update on the strategic progress. We'll talk about our updated guidance and the share repurchase offer, which we announced this morning. And then Helmut will close with some key takeaways.
Helmut, over to you. Thanks, Sebastian. And good morning, everybody on the call. So in summary, ZEAL continues to grow while we achieve economies of scale. We have increased our gross margin significantly. Our customer acquisition is at an all-time high at good efficiencies. We've seen 41% revenue growth and even stronger EBITDA growth of 51%. we have launched a new charity lottery, the first DreamHouse raffle in Germany, and the results so far have beaten our expectations. As a result of the traction that we have seen in the first nine months of this year, we've increased our guidance for the full year of 2024. And this morning, we announced a share purchase offer at a offer price of 44 euros per share. Back to you, Sebastian.
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