Workflow
Banqup
icon
Search documents
Conversion of Subscription Rights [Change in denominator]
Globenewswire· 2025-11-07 18:07
Core Insights - Banqup Group SA, formerly Unifiedpost Group SA, has announced the exercise of subscription rights resulting in the issuance of 10,000 ordinary shares for a total amount of EUR 18,300 [1][2] - The subscription rights allow holders to acquire 10 ordinary shares at an exercise price of EUR 18.30 per right [2] - Following this issuance, the total share capital of the company is updated to EUR 329,256,015.82, with a total of 37,141,654 ordinary shares outstanding [5] Subscription Rights and Share Capital - A warrant holder exercised 1,000 subscription rights under the Plan de Warrants 2015, leading to the issuance of new shares [1] - The total number of subscription rights currently amounts to 202,000 under the Warrant Plan 2021 [3] - The gross proceeds from the exercise of the subscription rights are reported to be EUR 18,300 [2] Financial Calendar - Upcoming financial events include the Q3 2025 Business Update on 13 November 2025, FY 2025 results publication on 26 February 2026, and the General Shareholder Meeting on 19 May 2026 [5]
Banqup Group strengthens Board independence with Chairman transition
Globenewswire· 2025-10-06 05:00
Core Insights - Banqup Group SA announced the immediate resignation of Hans Leybaert as Chairman of the Board, while he will remain a Board member to ensure continuity [1][2][3] - The transition is part of Banqup's planned succession process aimed at strengthening governance and ensuring independent leadership at the Board level [2] - Leybaert emphasized the importance of having an independent Board member take over the Chairman role to build on the foundations laid during his tenure [3] - CEO Nicolas de Beco expressed gratitude for Leybaert's leadership, highlighting his instrumental role in positioning Banqup for long-term success [4] Company Overview - Banqup Group provides integrated cloud-based SaaS solutions that streamline business transactions, including e-invoicing, e-payments, and tax reporting [5] - The company's solutions unify various business processes into a secure platform, simplifying operations for users [5] Upcoming Financial Events - Q3 2025 business update will be published on 13 November 2025 [6] - FY 2025 results will be released on 26 February 2026 [6] - The 2025 Annual Report is scheduled for publication on 16 April 2026 [6]
Banqup Group partners with Deloitte Belgium to accelerate digital transformation in accounting
Globenewswire· 2025-09-17 05:00
Core Insights - Banqup Group SA has formed a strategic partnership with Deloitte Belgium to provide integrated business communication solutions for Deloitte's accountancy clients [1][3] - The collaboration will enable Deloitte to process invoices through Banqup's platform, enhancing efficiency and compliance with upcoming B2B e-invoicing regulations in Belgium [2][3] Company Overview - Banqup Group delivers cloud-based SaaS solutions that streamline business transactions, including e-invoicing and e-payments, aimed at simplifying financial processes for businesses [10] - Deloitte Belgium is the largest organization in audit, accounting, legal, and tax advisory services in Belgium, with a turnover of €819.4 million for the financial year 2024 [7] Partnership Details - Deloitte will utilize Banqup for managing both incoming and outgoing invoices, leveraging Banqup's integrated payments solution as a significant enhancement for its clients [2][5] - The partnership is timely as Belgium is set to implement mandatory B2B e-invoicing, positioning Deloitte's clients to benefit from improved automation and transparency [3][4] Strategic Importance - The collaboration aims to combine Deloitte's expertise with Banqup's innovative platform to facilitate digital transformation for clients, ensuring they remain compliant with regulatory changes [4][5] - Banqup was chosen for its user-friendly design, secure onboarding, reliable data exchange, and seamless integration capabilities with Deloitte's systems [5]
Banqup Group delivers 21% organic subscription revenue growth in H1 2025 and continues its transformation journey
Globenewswire· 2025-08-26 05:00
Core Insights - Banqup Group, formerly Unifiedpost Group, reported H1 2025 results that align with expectations, highlighting organic subscription growth and strategic focus on SaaS solutions [3][5][29] Financial Highlights - Group revenue decreased by 9.5% to €31.834 million in H1 2025 from €35.188 million in H1 2024 [4] - Digital services revenue increased by 3.4% to €23.130 million, with organic subscription revenue growing by 20.6% year-on-year [4][8] - Traditional communication services revenue fell by 32.1% to €8.703 million, reflecting a shift towards digital solutions [4][13] - Gross profit from digital services was €13.417 million, with a gross margin of 58.0%, down from 59.2% [4][10] - EBITDA, including net income from client money, was reported at €-6.399 million [4][5] Strategic Developments - The company completed divestments of non-core businesses, including 21 Grams and its UK print business, to sharpen its focus on SaaS growth [5][7] - A new Chief Revenue Officer was appointed to enhance customer engagement and drive sales [5][7] - Banqup is preparing for the Belgian e-invoicing regulation set to take effect in 2026, positioning itself for growth in the Belgian, French, and German markets [3][11][12] Operational Efficiency - Indirect costs decreased by 3.4% year-on-year, primarily due to lower general and administrative expenses [14] - The average number of FTEs in indirect functions decreased by 10.4% from H1 2024 [15] Liquidity and Cash Flow - Cash and cash equivalents at the end of June 2025 totaled €17.060 million, up 17.5% from €14.525 million in June 2024 [4][16] - Cash flow from divestments amounted to €23.7 million, contributing positively to the liquidity position [5]
Banqup Group completes divestment of UK print business, reinforcing strategic focus on core digital services
Globenewswire· 2025-08-11 17:00
Core Insights - Banqup Group SA has completed the sale of its UK print operations to the Managing Director of the UK business, aligning with its strategic priority to divest non-core traditional communication services and focus on core digital services [1][2][3] - A strategic partnership agreement has been established, allowing the UK print business to become an authorized reseller of Banqup products, ensuring continuity for employees and customers [2][3] - In 2024, the UK print business generated total revenue of €7.0 million with a gross margin of 39.1% and a positive EBITDA of €1.1 million, employing 18 full-time equivalents [2] Company Strategy - The divestment is part of Banqup's transformation into a pure-play SaaS provider, enhancing its focus on scaling core digital services in key European markets [3] - The new ownership structure is expected to maintain a presence in the UK market while allowing Banqup to concentrate resources on digital service growth [3] Leadership Comments - CEO Nicolas de Beco emphasized the importance of the divestment in progressing towards a SaaS model and thanked the UK team for their contributions [3] - Mark Hetem, the Managing Director of the UK print business, expressed enthusiasm for leading the business and highlighted the value of the partnership with Banqup in meeting the evolving needs of UK businesses [3]
Banqup Group Half Year 2025 Financial Results Webcast Invitation
Globenewswire· 2025-08-05 05:00
Group 1 - Banqup Group SA, formerly Unifiedpost Group SA, will publish its H1 2025 financial results on 26 August 2025 at 7:00 a.m. CEST [1] - Following the financial results release, a webcast call will be hosted by CEO Nicolas de Beco and CFO Koen De Brabander to discuss the company's performance and include a Q&A session for investors and analysts [1] - Banqup Group provides integrated cloud-based SaaS solutions that streamline business transactions, including e-invoicing, e-payments, and tax reporting [2] Group 2 - The company's solution, Banqup, unifies various business processes into one secure platform, simplifying the management of disconnected tools [2] - eFaktura World is a solution designed for governments to implement e-invoicing and streamline tax reporting flows for both B2G and B2B transactions [2]
Banqup Group announces ticker change from UPG to BANQ effective 19 June 2025
Globenewswire· 2025-06-11 17:00
Group 1 - The company, formerly known as Unifiedpost Group SA, will change its ticker symbol on Euronext Brussels from "UPG" to "BANQ" effective 19 June 2025 [1][2] - The rebranding to Banqup Group SA was approved at the Extraordinary General Meeting on 20 May 2025, aligning the ticker symbol with the company's Banqup platform [2] - The company focuses on core digital services, positioning itself as a pure-play SaaS provider, with a commitment to growth in e-invoicing and payment solutions [2][3] Group 2 - Banqup Group delivers integrated cloud-based SaaS solutions that streamline business transactions, including e-invoicing, e-payments, and tax reporting [3] - The Banqup solution unifies various business processes into one secure platform, simplifying operations for users [3] - The eFaktura World solution is designed for governments to implement e-invoicing and streamline tax reporting flows for both B2G and B2B [3]
Banqup Group completes the divestment of 21grams group
Globenewswire· 2025-06-05 17:00
Core Points - Banqup Group SA has completed the sale of all shares in the 21grams group to PostNord Strålfors AB, marking a significant strategic transformation for the company [1][2][3] - The transaction was finalized with a preliminary cash consideration of SEK 158.7 million, based on an enterprise value of SEK 200 million, with customary post-closing adjustments pending [3][4] - The proceeds from the sale will be utilized to strengthen Banqup's balance sheet and reduce net financial debt [4] Financial Performance - In 2024, 21grams generated total revenue of €79.4 million with a gross margin of 17.4% and a positive EBITDA of €1.9 million [4] - As of December 31, 2024, 21grams employed 76 full-time equivalents across Sweden, Norway, and Denmark [4] Strategic Partnerships - Banqup Group and PostNord Strålfors have signed a strategic partnership agreement to accelerate the rollout of the Banqup platform in the Nordic region [5] - PostNord Strålfors will act as the exclusive distributor of Banqup in Sweden, Norway, Denmark, and Finland for at least five years, utilizing Banqup's e-invoicing infrastructure [5][6] - This partnership aims to create an interconnected solution, enhancing service coverage and efficiency for clients across and beyond the Nordic region [5] Leadership Comments - The CEO of Banqup Group emphasized that the divestment of 21grams aligns with the company's focus on becoming a pure-play SaaS provider and growing core digital services [6] - The CEO of PostNord Strålfors highlighted the acquisition of 21grams as a means to enhance their offerings in the customer communication market [6]
Unifiedpost Group rebrands to Banqup Group, reinforcing its position as a pure-play SaaS provider
Globenewswire· 2025-05-20 20:00
Core Points - The company has rebranded from Unifiedpost Group SA to Banqup Group SA, emphasizing its focus on core digital services and positioning itself as a pure-play SaaS provider [1] - The rebranding aims to provide stakeholders with a clearer understanding of the company's product offerings and value proposition, particularly in e-invoicing and payment solutions [1] - The company held an Extraordinary General Meeting (EGM) and an Annual General Meeting (AGM) where shareholders approved all proposed resolutions, including the strategic rebranding [1][2] Governance and Leadership - The AGM resulted in the approval of an updated remuneration policy and the appointment of four new Board members, enhancing the company's governance structure [2][4] - The new Board members include Nicolas de Beco, Nathalie Van Den Haute, Koen Hoffman, and Leanne Kemp, bringing diverse expertise to the leadership team [4] Financial Calendar - The company has outlined its financial calendar, with key dates for business updates and results publication, including Q1 2025 update on May 22, H1 2025 results on August 26, and Q3 2025 update on November 13 [4]
Unifiedpost Group’s Annual Report 2024
Globenewswire· 2025-04-17 05:00
Core Insights - Unifiedpost Group published its Annual Report for the year ended December 31, 2024, highlighting its position as a leading provider of integrated business communications solutions [2][4]. Company Overview - Unifiedpost Group offers integrated cloud-based SaaS solutions that streamline business transactions throughout their lifecycle, including e-invoicing, e-payments, and tax reporting [3]. - The company's Banqup solution unifies various business processes such as purchase-to-pay and order-to-cash into a single secure platform, simplifying operations for businesses [3]. - eFaktura World is designed for governments, providing a comprehensive digital platform for tax administrations to implement e-invoicing and enhance B2G and B2B tax reporting flows [3]. Financial Calendar - Upcoming events include the General Shareholder Meeting on May 20, 2025, the Q1 2025 business update on May 23, 2025, and the H1 2025 results publication on August 26, 2025 [5].