Lepermislibre Société anonyme (ALLPL) Q3 2024 TU earnings summary

Executive summary

• Revenue for Q3 2024 was €3.0M, down 29% year-over-year, reflecting seasonal effects and a significant drop in activity in the Paris region during the Olympic Games.

• Activity is expected to rebound, with a visible recovery at the end of September and further growth anticipated in Q4 2024.

Financial highlights

• Revenue for the first nine months of 2024 totaled €10.36M, a 19% decrease compared to the same period in 2023.

• Revenue from "candidats classiques" fell 27% in Q3 2024 year-over-year, while "candidats CPF" dropped 30%.

• Other revenue streams increased by 57% in Q3 2024 compared to Q3 2023.

Outlook and guidance

• Anticipates a rebound and growth in Q4 2024, supported by new partnerships and commercial channels.

• Unfulfilled driving hours during the Olympics are expected to be realized in the coming months, boosting future revenue.

• Strategic adjustments aim to ensure profitability by H1 2025.