GeoJunxion (GOJXN.AS) is pleased to publish its 2020-‘21 Annual Accounts for the year ending 30 June 2021
October 21 2021 - 1:30AM
GeoJunxion (GOJXN.AS) is pleased to publish its 2020-‘21 Annual
Accounts for the year ending 30 June 2021
Capelle aan den IJssel, The Netherlands
– 21 October 2021 – GeoJunxion (GOJXN.AS)
publishes its 2020-’21 Annual Accounts for the 18-month accounting
year ending 30 June 2021.
We are delighted to present the GeoJunxion
Annual Report for the accounting year 2020-21. It covers the
18-month period from 1 January 2020 to 30 June 2021. However, the
comparative financials for 2019 relate to the 12-month period from
1 January to 31 December 2019. A copy of the document is
attached to this press release and can be found on the company’s
website www.geojunxnion.com, under the investor relations
section.
The 2020-21 accounting year was an eventful
period during which the company underwent a complete metamorphosis.
At the same time, we realized significant top line growth whilst
keeping operating expenses flat on a like for like basis and
significantly reduced the operating losses. All this during a time
severely impacted by the COVID-19 pandemic.
A summary of the key financials is provided in
the table below:
During the past accounting year, the management
team has refined the company’s strategy and built a product
portfolio with an emphasis on safety and sustainability which has
the potential to continue delivering top line growth and margins
and become profitable and cash generating. This product portfolio
is built around three key pillars:
- Location-Aware Content
- Location Intelligence Services
- Premium Location Aware Content
Location Aware ContentThe first pillar
encompasses more traditional activities and product lines such
as:
- Digital Maps: proprietary and Open-Source Maps (OSM) with
worldwide coverage for use in routing, planning and display.
- Geo-Location API (Application Programming Interface): including
address geocoding and time zones covering Europe and North America.
Typical use cases are in track and trace applications and
geo-marketing.
- Geo Planning API: with time and distance matrices for logistics
and resource planning applications. European coverage.
Location Intelligence ServicesThe second pillar
includes our services supporting tailor-made geo-location
projects:
- Search and evaluation of location enabled content, typically to
enhance existing maps and/or routing applications.
- Creating bespoke datasets, including sourcing, data creation,
normalization, aggregation and delivery. The typical use case is
enhancing existing maps and/or routing applications.
- Producing Outdoor Venue Plans - tailor-made, interactive venue
maps delivered as a turnkey solution including delivery through map
tiler and maintenance. The broad range of use cases includes
events; travel and tourism; real estate applications; last mile
navigation and delivery; retail and distribution; and smart city
applications.
Premium Location ContentThe third pillar
includes the High Alert Zones product family focusing on three
distinct areas:
- Safety Alert Zones concentrate on road safety by alerting
mobility users (pedestrians, cyclists, car and truck drivers) to
areas with increased risk of accidents. This includes, for example,
bridges, tunnels, accident-prone areas, school zones, playgrounds
etc.
- Eco Alert Zones include a best-in-class dataset with worldwide
coverage of regulated congestion, emission and restricted traffic
zones. Increasingly, countries and cities are deploying these zones
to limit the traffic in city centres, improve air quality, reduce
accidents and elevate quality of life. For example, the German
“Ümweltzones”, Dutch “Milieuzones”, Italian “Zona Traffico
Limitato”, UK “congestion charge zones or Ultra Low emission
zones”, etc. The main use case is in routing, planning, fleet
management and for display but could be equally beneficial in real
estate applications and other sectors. Coverage is worldwide, or
more precisely wherever an environmental zone exists.
- Health Alert Zones currently contain primarily COVID-19 related
information and will be extended to include alerts on air quality
and noise pollution.
The strategy and product portfolio outlined
above has enabled us to deliver top line growth and an improved
bottom line during the past accounting year. We realize this is
only the beginning with a road ahead of us, however, as a team, we
are confident we are heading in the right direction and are
committed to delivering results.
Signed by The Management BoardThe Supervisory
Board
Ends
About GeoJunxion
GeoJunxion is the crossroads where fundamental,
location-aware content connects with superior, customised
intelligence and highly focused innovations to empower exceptional
experiences. With an emphasis on safety and sustainability, we are
constantly expanding our portfolio to meet the demands of a diverse
and fast-evolving market. Building on decades of experience in
mapping, the company focuses on high value, dynamic content and
building environmentally conscious applications, which enrich
safety in everyday life. With location-aware content at our core,
we know where our strengths lie and have the know-how and
technology needed to offer unrivalled, intelligent products and
services.
GeoJunxion NV is listed on the regulated market
of Euronext Amsterdam, under the symbol
GOJXN.AS.
GeoJunxion Press
Contact
Caroline Bombart, Head of
Marketing
Tel: +31 (0)10 885 1200 Email:
caroline.bombart@geojunxion.com
- 2021-10-21 Annual Report Geojunxion 2020-2021 FINAL
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