Outlook for FY 2022
As previously communicated on November 10, 2021, SLM Solutions expects revenue for FY 2022 to be at least EUR 100.0 m, an increase of at least 33% YoY. Further the Company expects to achieve break-even EBITDA on a quarterly basis in the second half of 2022.
Dirk Ackermann, CFO of SLM Solutions: "Looking forward to 2022, with a sizeable order backlog of EUR 43 m as of December 2021, we remain confident of achieving our revenue guidance for FY 2022. Additionally, as we realize further gains from operational efficiencies and other profitability optimization measures, we have a clear path to our goal of break-even EBITDA on a quarterly basis by the second half of 2022. Although we do expect to face challenges along the way in the form of the ongoing global supply chain crisis, we have taken, and will continue to take risk-mitigating measures, such as the increase of safety stock levels, as may be required."
As a consequence of the developments in the Ukraine-Russia crisis, the Company decided to stop all its activities in the Russian market until further notice. While the Russian market has no significance for SLM Solutions, the impact of the crisis to the global economy and the already strained supply chains remains unclear. The Company will continue to closely monitor the situation and initiate actions if required.