Lleida.net records a new peak in sales in the 1st half of 2022.

MADRID: In the first six months of 2022, Spanish quoted corporation Lleida.net (BME: LLN) (EPA: ALLLN) (OTCQX: LLEIF) posted a 27 percent increase in sales to more than 10.5 million euros, an all-time high.

Sales of all of the company's business lines grew in the first six months of the year.

International turnover and the group's global expansion accounted for 55 percent of total sales, boosted by an increase in commercial activity in Western Europe and Latin America.

Lleida.net's activity is directly linked to economic ups and downs. As was the case during the pandemic, the current energy crisis and the increase in non-payments has boosted the use of registered electronic notification services, like the rest of SaaS.

Both the number of the company's customers and the average ticket has grown significantly in the period.

In the first six months of the year, gross margin grew by a comparative 26% to 5.3 million euros.

The new investments have implied a drop in the company's EBITDA of 24 percent in the first half of the year, which still reached 910,000 euros in the half year.

Lleida.net management has been working since the beginning of the...