ALLLN Lleidanetworks Serveis Telematics SA

Madrid, November 12th - The technological services company Lleida.net (BME: LLN) (EPA: ALLLN) (OTCQX: LLEIF) has signed renewal contracts in Colombia for 665,000 euros.
The contracts, which have already come into effect, represent a significant boost for the company in the South American country, and a consolidation of its subsidiary in Colombia, in operation since 2018.
Both contracts correspond to the company's new line of SaaS services, operating under the Lleida.net PKI brand. PKI is the evolution of the Valencian company Indenova, which Lleida.net bought in 2021.
The first contract, with the Colombian Ministry of Finance and Public Credit, is worth 443,000 euros. The contract is valid for one year, until October 2025, open to renewal.
The second contract is with the country's Superintendencia de Vigilancia y Seguridad Privada, the body responsible for exercising control, inspection and surveillance over the country's private security and surveillance industry.
This contract has a value of 222,000 euros, and is valid for one year, renewable.
Lleida.net PKI offers SaaS solutions for issuing and validating digital identity and digital certification (PKI) and process automation services with BPM technology.
Lleida.net, which is listed in Madrid, Paris, New York, Stuttgart and Frankfurt, has had operations in Colombia since 2014, and a portfolio of more than 200 clients in the country, including Bancolombia, one of the most important financial institutions in the country.
The company, one of the leaders in the registered electronic notification, signature and contracting industry, already records cumulative sales of €13.95 million through 2024, up 12% from last year.

As of September 30, 2024, the company's cumulative EBITDA is 2.21 million euros, 1322% above the cumulative as of September 30, 2023.

Lleida.net, founded in 1995, has received more than 300 patents from 60 countries for its innovations in registered electronic notification, contracting and signature, and is considered one of the industry leaders.

SAFE HARBOR STATEMENT
This press release contains statements regarding the future of the company and its innovations. Statements regarding the future may be accompanied by words such as "anticipate", "believe", "estimate", "wait", "anticipate", "pretend", "power", "plan", "potential", the use of future time and other terms of similar meaning. No undue reliance should be placed on these claims. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including uncertainty of the company's commercial success, ability to protect our intellectual property rights, and other risks. These statements are based on current beliefs and forecasts and refer only to the date of this press release. The company assumes no obligation to publicly update its forward-looking statements, regardless of whether new information, future events or any other circumstance arise.

Lleidanetworks Serveis T... (EU:ALLLN)
Historical Stock Chart
Von Dez 2024 bis Jan 2025

Lleidanetworks Serveis T... (EU:ALLLN)
Historical Stock Chart
Von Jan 2024 bis Jan 2025