Key Financial Figures

Key Financial Figures

Revenues in 2020 amounted to EUR 33.1 million (2019: EUR 15.2 million).

 Financial year ended December 31
202020192018
(audited)(audited)
(in EUR thousands, unless otherwise stated)
Revenues33,13115,19613,455
EBITDA(1)(4,237)(3,215)(645)
EBITDA-Margin(1)(12.8%)(21.2%)(4.8%)
Adjusted EBITDA(2)(2,671)(2,277)(285)
Adjusted EBITDA margin(3)(8.1%)(15.0%)(2.1%)

(1) The Company defines EBITDA as the sum of (i) EBIT, (ii) amortisation of intangible assets, and (iii) depreciation of property, plant and equipment and right-of-use assets.
(2) The Company defines Adjusted EBITDA as the sum of (i) EBITDA and (ii) adjustments for one-off effects.
(3) The Company defines Adjusted EBITDA margin as Adjusted EBITDA divided by revenues.