aifinyo AG has developed successfully in 2023 and is optimistic about the
future

EQS-News: aifinyo AG / Key word(s): Preliminary Results
aifinyo AG has developed successfully in 2023 and is optimistic about the
future

26.02.2024 / 08:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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aifinyo AG has developed successfully in 2023 and is optimistic about the
future

* Preliminary figures: Transaction volume +8 % to EUR 407 million

* Gross profit +5 % to EUR 14.6 million

  * Eco system expanded to include AI chatbot based on ChatGPT, amongst
    other features

* Outlook: Well positioned to return to double-digit growth in the future

Berlin, 26 February 2024 - aifinyo AG has developed successfully in 2023 and
is optimistic about the future. The B2B fintech increased its transaction
volume* by around 8% to EUR 407 million. At EUR 51.1 million, turnover was
slightly below the previous year's figure of EUR 53.6 million. The
high-margin recurring SaaS business developed positively. For example,
subscription-based sales of accounting and liquidity management tools
increased by 30% to EUR 2 million. aifinyo increased gross profit**, one of
the most important key performance indicators (KPI), by 5% to EUR 14.6
million in 2023.

Last year was a year of transition for aifinyo in operational terms.
Following the acquisition of Billomat and the strong growth in 2022, the
focus last year was on strategic issues such as the integration of the new
subsidiary and further development of the aifinyo eco-system.

At EUR 1.9 million last year, earnings before interest and taxes nearly
reached the record level of EUR 2.2 million from 2022. Earnings before taxes
amounted to EUR 0.2 million in 2023 (2022: EUR 1.2 million). The B2B fintech
has thus grown profitably even in a difficult macroeconomic environment,
invested in the cloud-based platform for managing, financing and paying
invoices and strengthened its leading position in the market.The legal
status of the shareholders entered in the share register will not be
affected by the conversion of the no-par value bearer shares into registered
shares. Their participation in the company remains unchanged, as do the
rights associated with their shares. The shareholders' right to sell their
shares is also not restricted or made more difficult, as the transfer of
registered shares does not require the company's consent.

'The fact that we were essentially able to maintain the high level from the
record year 2022 in difficult economic times confirms aifinyo's robust
business model. In 2022, our number of customers more than quadrupled and
gross profit almost doubled. It was therefore important to consolidate and
further develop internally in 2023,' says aifinyo CEO Stefan Kempf. 'We have
done this and are in an excellent position to achieve double-digit growth
again in the future. The market potential is still huge and there is still
no real digital business customer bank in Germany. aifinyo wants to change
this.'

The integration of Billomat is largely complete and the subsidiary's app was
relaunched at the turn of the year. While the aifinyo and Billomat brands
remain separate, the platform has been standardized in the background. In
addition, the first financing tools from aifinyo are available to Billomat
users and the range of financing and invoice payment services is to be
completed in the current year.

The aifinyo eco-system was expanded in 2023 to include an AI chatbot, among
other things. The aifinyoCHAT application enables entrepreneurs and
freelancers to have frequently asked customer questions answered quickly,
automatically and at any time on their website by artificial intelligence
(AI). The adaptive AI is based on ChatGPT technology and complies with
GDPR-compliant quality standards.

aifinyo expects to publish its audited consolidated financial statements for
2023 at the beginning of May 2024.

*Sum of factoring, finetrading, leasing and collection transactions
processed
**Total operating performance reduced by cost of goods sold and depreciation
of leased assets

About aifinyo

aifinyo is the reliable smart billing partner for entrepreneurs and
freelancers to automate the billing, financing and payment of invoices. For
this purpose, the fintech operates a unique platform around invoice and
liquidity management including uncomplicated financing solutions in the
areas of factoring, finetrading, leasing and receivables management. With
Billomat, aifinyo also offers one of the leading cloud-based accounting
systems in Germany, with which all invoice processes are handled simply and
efficiently.

The shares (ISIN: DE000A3EX2X7) of aifinyo AG are listed on Xetra as well as
in m:access, a market segment specifically for medium-sized companies within
the Regulated Unofficial Market of the Munich Stock Exchange. The German
Federal Financial Supervisory Authority (BaFin) supervises aifinyo finance
GmbH as a financial services provider and aifinyo payments GmbH as a payment
services provider.

For further information, visit www.aifinyo.de

Responsible
aifinyo AG
Friedrichstraße 94, 10117 Berlin
Tel.: 0351 / 896 933 10, E-Mail: presse@aifinyo.de

Financial media & investor relations contact
Fabian Lorenz
Tel.: 0221 / 29831588, E-Mail: lorenz@florenz-kommunikation.de


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26.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        aifinyo AG
                   Friedrichstr. 94
                   10117 Berlin
                   Germany
   E-mail:         info@aifinyo.de
   Internet:       https://www.aifinyo.de/
   ISIN:           DE000A2G8XP9, DE000A3EX2X7
   WKN:            A2G8XP, A3EX2X7
   Listed:         Regulated Unofficial Market in Dusseldorf, Frankfurt,
                   Munich (m:access), Tradegate Exchange
   EQS News ID:    1844447

End of News EQS News Service
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1844447 26.02.2024 CET/CEST