TX Markets
www.tx.markets
| in CHF mn | 2022 | 2021 | Change | |||
|---|---|---|---|---|---|---|
| Advertising revenue 1 | – | 11.0 | –100.0% | |||
| Classifieds & services revenue 1 | 138.8 | 192.8 | –28.0% | |||
| Other operating revenue 1 | 0.9 | 1.2 | –24.0% | |||
| Other income 1 | – | 0.1 | –100.0% | |||
| Revenues | 139.7 | 205.1 | –31.9% | |||
| of which organic revenues 2 | 139.7 | 115.2 | 21.3% | |||
| Operating expenses 3 | (62.8) | (124.7) | –49.6% | |||
| Share of net result of associates / joint ventures | (10.9) | 12.1 | –189.6% | |||
| Operating income / (loss) before depreciation and amortisation (EBITDA) | 66.1 | 92.6 | –28.6% | |||
| Margin 4 | 47.3% | 45.1% | 2.2 %p | |||
| Depreciation and amortisation | (6.6) | (7.4) | –11.7% | |||
| Operating income / (loss) before effects of business combinations (EBIT b. PPA) | 59.5 | 85.1 | –30.1% | |||
| Margin 4 | 42.6% | 41.5% | 1.1 %p | |||
| Depreciation and amortisation resulting from business combinations | (10.3) | (19.7) | –47.5% | |||
| Operating income / (loss) (EBIT) | 49.2 | 65.4 | –24.8% | |||
| Margin 4 | 35.2% | 31.9% | 3.3 %p | |||
| Normalisation 5 | 44.0 | 22.6 | 94.6% | |||
| Operating income / (loss) (EBIT adj.) | 93.2 | 88.1 | 5.9% | |||
| Margin 4 | 66.7% | 42.9% | 23.8 %p | |||
| Number of employees (FTE) 6 | 262 | 508 | –48.5% | |||
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1 Includes third-party revenue and revenue vis-à-vis other TX segments.
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2 Includes only companies and activities that were included in the scope of consolidation for the entire reporting period 2022 and 2021. In the TX Markets segment, the contribution of the former SMG companies was excluded accordingly in the previous year.
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3 No IAS 19 pension costs (as in segment reporting).
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4 The margin relates to revenue.
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5 Normalisation effects:
– Amortisation and impairment from business combinations of associated SMG (2022: CHF 33.7 million; 2021: CHF 2.9 million). – Amortisation from business combinations (2022: CHF 10.3 million; 2021: CHF 19.7 million). |
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6 Average number of employees, excluding employees in associates / joint ventures.
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TX Markets segment includes the strategic investments in the job portal JobCloud (50%, fully consolidated) and in SMG Swiss Marketplace Group (30.74%, at equity consolidation).