Solid half-year growth at +50%
BOA Concept, e-commerce accelerator, innovative and specialist in intralogistics (FR0011365907 – ALBOA) presents a turnover of €9.0 million in the first half of 2022, a very clear increase of 50% compared to H1 2021 .
In addition to the acceleration in sales, the period was marked by the optimization and expansion of the industrial tool and the recruitment of talent to support this growth. The company has been able to demonstrate its ability to add value to its solutions through cutting-edge innovation while controlling its costs in order to alleviate supply pressures.
Very strong growth in all results
EBITDA amounted to €1.89m compared to €1.14m in June 2021, i.e. an EBITDA rate slightly above 20%. This good result attests to rigorous management of growth, with a particular effort on the management of purchases and external expenses.
Current income almost doubled to €1.72m vs €0.86m in the first half of 2021, net income amounted to €1.49m, an increase of 77%.
Available cash is solid and amounted to €12 million as of June 30, 2022.
Maintained profitability thanks to fine control of expenses
Thanks to a relevant strategy and fine management, BOA Concept is advancing cautiously in a difficult context. The first half was characterized by a high proportion of systems sales which had a positive impact on the margin.
