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EQS-Ad-hoc: EV Digital Invest AG / Key word(s): Change in Forecast
EV Digital Invest AG updates forecast for 2024 and places convertible bonds
30-May-2024 / 18:16 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News
- a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
EV Digital Invest AG updates forecast for 2024 and places convertible bonds
Berlin, 30 May 2024. EV Digital Invest AG (ISIN: DE000A3DD6W5), operator of the two online investment platforms 'Engel
& Völkers Digital Invest' and 'Digital Invest Assets', updates its forecast for 2024. The company expects income^1) of
between EUR 2.3 million and EUR 2.7 million. EBIT is planned at between EUR -3.5 million and EUR -4.1 million. At the
same time, expected total costs are forecasted at between EUR 5.8 million and EUR 6.6 million. The previous forecast
originally predicted a year-on-year increase in income of 10 to 30 per cent for the 2024 financial year, with an
improved EBIT of up to EUR -1.9 million. The updated financial planning is therefore also below analysts' estimates of
income of EUR 5.6 million, total costs of EUR 7.4 million and a net loss for the year of EUR -1.8 million.
In this context, an additional capital requirement was identified. This will be covered by the placement of two
convertible bonds with a total issue volume of EUR 2.5 million. For this reason, the company decided today to issue a
first convertible bond with a nominal value of EUR 1.1 million. This was subscribed by the majority shareholder. In
addition, the majority shareholder has undertaken to subscribe to a further convertible bond with a nominal value of
EUR 1.4 million, which is to be issued after the upcoming Annual General Meeting. Shareholders' subscription rights
have been or will be excluded. The conversion price is EUR 3.25 per share. The term of the convertible bonds is 2
years. The bonds are subject to qualified subordination.
Further information: www.ev-digitalinvest.de and www.digitalinvest-assets.de
EV Digital Invest AG
Licence partner of Engel & Völkers Marken GmbH & Co. KG
Joachimsthaler Str. 12
10719 Berlin
www.ev-digitalinvest.de
Contact:
Kirchhoff Consult, Jan Hutterer
Borselstraße 20, 22765 Hamburg
Phone: +49 40 60 91 86 65
E-mail: ev-digitalinvest@kirchhoff.de
1) Income is made up of the following items in the income statement: 1. sales, 2. other operating income, 3. other
interest and similar income.
End of Inside Information
30-May-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press
Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      EV Digital Invest AG 

Joachimsthaler Straße 10
10719 Berlin
Germany

Phone:        +49 30 403 69 15 21 
E-mail:       info@ev-digitalinvest.de 
Internet:     www.ev-digitalinvest.de 
ISIN:         DE000A3DD6W5 
WKN:          A3DD6W 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, 

Tradegate Exchange
EQS News ID: 1914815

End of Announcement EQS News Service
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1914815 30-May-2024 CET/CEST

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END) Dow Jones Newswires

May 30, 2024 12:17 ET (16:17 GMT)