Excellon Resources struggles to secure financing for proposed restart of La Negra mine
- Excellon Resources Inc (TSX:EXN, OTCQB:EXNRF) said it continues to pursue its proposed acquisition of the past-producing La Negra silver-zinc-copper-lead mine in Mexico as challenging market conditions have caused the company to struggle to source financing associated with the purchase. In January, the company announced that it had entered into a definitive agreement to acquire the mine for aggregate consideration of US$50 million, including US$20 million upfront in shares of the company and a further US$30 million payable in shares or cash following the restart of commercial production at the mine.
- 06/19/2023
|
Excellon Resources stock surges on strategic alternatives; balance sheet adjustment
- Excellon Resources Inc shares climbed 22% to $0.45 on Monday after the gold, silver and base metals projects developer announced that it is considering various alternatives to complement the company's go-forward strategy, which could include acquisitions, divestitures, mergers or spin-offs of Excellon's or third parties' assets. The company also said it will be reversing a US$22 million liability from its March 31, 2023, consolidated balance sheet as a result of the Mexican Bankruptcy Court declaring one of its care-and-maintenance subsidiaries bankrupt effective March 28, 2023, which Excellon noted is an “overhang that has been with the company since 2019.
- 04/03/2023
|
Excellon to acquire past producing La Negra silver-zinc-copper mine in Mexico for up to $50 million
- (Kitco News) - Excellon Resources (TSX: EXN) announced today that it has entered into a definitive acquisition agreement to acquire the permitted, past-producing La Negra Ag-Zn-Cu-Pb mine in Mexico for aggregate consideration of $50 million from an investment fund managed by Orion Resource Partners.
- 01/09/2023
|
Exclusive Networks – Third Quarter 2022 Financial Update
- BOULOGNE-BILLANCOURT, France--(BUSINESS WIRE)--Regulatory News: Exclusive Networks (Euronext Paris: EXN) today announces its Gross Sales and IFRS Revenue for the third quarter of 2022. Jesper Trolle, Chief Executive Officer, said: “A year on from our successful IPO, I am delighted to report another very solid quarterly performance. Our strong momentum since becoming a public company continues, with Q3 Gross Sales growing by 42% compared to the same period last year. This is down to the hard work and commitment of our talented teams around the globe who continue to leverage our unique position and influence within the cyber ecosystem to capitalise on strong cybersecurity market demand. We have continued to integrate and deepen our relationship with existing vendors which has contributed to an impressive 88% to the growth of the quarter. This has been supplemented with the acquisition of new vendors such as Cymulate and contract extensions with strategic vendors such as Mimecast as we expand their presence across our global footprint. This has added a further €1.2 billion to our serviceable addressable market opportunity to drive future growth. One of the biggest challenges in cybersecurity right now is the global cyber skills and talent deficit, with an estimated 3.5 million unfulfilled roles. I am particularly proud of our response to this global crisis having recently launched the Exclusive Academy to recruit, train and retain cyber experts and stay on the cutting edge of technology. With only 15% of cybersecurity professionals in the world attaining their position through cybersecurity training, there is a clear need to increase this, which we plan to do through a combination of practical and theoretical training as part of a long-term program. This follows our expanded partnership with ThriveDX, a global leader in cybersecurity education, to deliver end-to-end cybersecurity training and talent solutions to our global network of more than 25,000 partners. Digital transformation and IT modernisation continued to drive market demand as cybersecurity teams strive to safeguard remote and hybrid working environments dependant on cloud-based delivery models. Cyber breaches show no sign of slowing and continue to hit the headlines, with cryptocurrency exchange Binance falling victim to a $570 million crypto hack last month. Finally, we continue to see an upward trend in large enterprise deals as end customers continue to rationalise their security strategies toward a consolidated platform approach, leaning into channel partners to provide integrated solutions and flexible finance. Based on these strong results and our continued momentum, we remain confident in the revised full year outlook given in September.” Q3 2022 FINANCIAL PERFORMANCE HIGHLIGHTS Q3 2022 Gross Sales in € million Q3 2021* Q3 2022* Variation Reported Constant Currency** EMEA 597 857 44% 43% AMERICAS 94 155 66% 45% APAC 103 115 11% -0% GROUP 794 1,127 42% 38% *Gross Sales restated after Intercompany elimination, detail in appendix. ** Variation at constant currency is computed using the third quarter of 2021 rates applied to the third quarter of 2022 Gross Sales. The USD, GBP and PLN evolved as follows; 1EUR: 1.065 USD; 1EUR: 0.847 GBP, 1EUR: 4.670 PLN respectively for Q3 2022 and 1EUR: 1.197 USD, 1EUR: 0.864 GBP, 1EUR: 4.546 PLN respectively for Q3 2021. Q3 2022 IFRS Revenue* in € million Q3 2021 Q3 2022 Variation Reported Constant Currency** EMEA 440 630 43% 44% AMERICAS 57 89 55% 35% APAC 81 89 11% -1% GROUP 578 809 40% 37% * As per IFRS 15 and the revenue recognition definitions for Support & Maintenance sales, Exclusive Networks is considered as an agent, so the associated Net Margin is recognized as Revenue. For the sales of licenses, hardware and other services, Exclusive Networks is considered as a principal so Sales and cost of goods sold are recognized separately reflecting buy and sale. ** Variation at constant currency is computed using the third quarter of 2021 rates applied to the third quarter of 2022 revenue. Gross Sales were €1,127 million, an increase of 42% year over year on a reported basis, 38% at constant currency. The 42% Gross Sales growth in the third quarter of 2022 was largely attributable (88%) to growth from existing vendors, testifying to the strength of our business model and our capacity to address the technological changes, as well as highlighting the underlying organic growth of the business. We also benefited from expanding with our vendors into new global regions as well as new vendor relationships (7%). Finally, the contribution of Networks Unlimited acquired, in December 2021 also supported our growth (5%). Vendors retention rates1 for the third quarter of 2022 were up 140% (vs 114% in the third quarter of 2021) with customers retention rates1 at 141% (vs 120% in the third quarter of 2021), supported by increasing demand for our vendors’ solutions and the continued engagement of our channel partners. OPERATIONS BY THEATRE EMEA (77% of total quarterly gross sales): Gross Sales were €857 million, an increase of €260 million or +44% year over year. The EMEA Theatre, benefitted from a strong momentum in all countries and an accelerated trend in the Enterprise market fueled by the solid growth of our larger resellers (>€500k billings in one quarter), notably with some very large deals. AMERICAS (13% of total quarterly gross sales): Gross Sales were €155 million, a significant +66% increase over the quarter that allowed the Theatre to be positioned as the second largest for the Group. This reflects the good progress with our goal to expand further the activity of the Group in North America and was boosted by the sharp appreciation of the dollar over the period. APAC (10% of total quarterly gross sales): Gross Sales were €115 million, growing by +11% year over year. APAC posted a lower activity than the other Theaters given a less favorable market environment. In Australia the activity benefitted from an accelerated demand for cybersecurity solutions. In the meantime, many governments in the theater are still developing their cybersecurity and personal data protection regulations, while booking momentum remained positive. 9 months of 2022 Gross Sales in € million 9 months of 2021* 9 months of 2022 Variation Reported Constant Currency** EMEA 1,728 2,385 38% 38% AMERICAS 224 355 58% 41% APAC 296 334 13% 4% GROUP 2,249 3,074 37% 34% *Gross Sales restated after Intercompany elimination, detail in appendix. ** Variation at constant currency is computed using the 9 months of 2021 rates applied to the 9 months of 2022 Gross Sales. The USD, GBP and PLN evolved as follows; 1EUR: 1.065 USD; 1EUR: 0.847 GBP, 1EUR: 4.670 PLN respectively for the 9 months of 2022 and 1EUR: 1.197 USD, 1EUR: 0.864 GBP, 1EUR: 4.546 PLN respectively for the 9 months of 2021. 9 months of 2022 IFRS Revenue* in € million 9 months of 2021 9 months of 2022 Variation Reported Constant Currency** EMEA 1,301 1,793 38% 38% AMERICAS 152 232 53% 36% APAC 231 257 11% 3% GROUP 1,684 2,282 36% 33% * As per IFRS 15 and the revenue recognition definitions, for Support & Maintenance sales, Exclusive Networks is considered as an agent, so the associated Net Margin is recognized as Revenue. For the sales of licenses, hardware and other services, Exclusive Networks is considered as a principal so Sales and cost of goods sold are recognized separately reflecting buy and sale. ** Variation at constant currency is computed using 9 months of 2021 rates applied to 9 months of 2022 revenue. OUTLOOK On the basis of the information currently available, the Group is confident in its upgraded outlook for the full year of 2022, which was published in September 2022: - Gross Sales expected to exceed €4.2 billion; - Net margin expected to be between €392 million and €400 million; - Adjusted EBITA expected to be between €146 million and €152 million; and - Operating Free Cash Flow Before Tax expected above 160% of Adj. EBITDA. CONFERENCE CALL Jesper Trolle, Chief Executive Officer and Pierre Boccon-Liaudet, Chief Financial Officer, will present the Third Quarter 2022 performance during a conference call in English to be held on November 9, 2022, at 9:00 am (CET). You can follow the conference call live via webcast at the following link: https://ir.exclusive-networks.com/ A replay will also be available for a period of one year. All documents relating to this publication will be placed online on the Exclusive Networks Investor Relations website at https://ir.exclusive-networks.com/. Regulated information related to this press release and presentation is available on https://ir.exclusive-networks.com/. PROVISIONAL CALENDAR FY 2022 Financial Results: February 28th, 2023. Q1 2023 Gross Sales and Revenue Release: May 4th, 2023. 2023 Annual General Meeting: June 8th, 2023. About Exclusive Networks Exclusive Networks is a global trusted cybersecurity specialist for digital infrastructure helping to drive the transition to a totally trusted digital future for all people and organisations. Our distinctive approach to cybersecurity gives partners more opportunity and more customer relevance. Our specialism is their strength – equipping them to capitalise on rapidly evolving technologies and transformative business models. The Exclusive Networks story is a global one with a services-first ideology at its core, harnessing innovation and disruption to deliver partner value. With offices in 46 countries and the ability to service customers in over 170 countries across five continents, Exclusive Networks has a unique ‘local sale, global scale’ model, combining the extreme focus and value of local independents with the scale and service delivery of a single worldwide cybersecurity powerhouse. Exclusive Networks is listed on the Euronext Paris stock exchange (Ticker: EXN). For more information visit www.exclusive-networks.com. DISCLAIMER This press release may contain forward-looking statements. Such statements may include projections, estimates, assumptions, statements regarding plans, objectives, intentions and/or expectations with respect to future financial results, events, operations and services and product development, as well as statements, regarding future performance or events. Forward-looking statements are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans”, “projects”, “may”, “would” “should” or the negatives of these terms and similar expressions. Although Exclusive Network’s management currently believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking statements are subject to various risks and uncertainties (including, without limitation, risks identified in Exclusive Networks’ Registration Document available on Exclusive Networks’ website), because they relate to future events and depend on future circumstances that may or may not occur and may be different from those anticipated, many of which are difficult to predict and generally beyond the control of Exclusive Networks. Actual results and developments may differ materially from those expressed in, implied by or projected by forward-looking statements. Forward-looking statements are not intended to and do not give any assurances or comfort as to future events or results. Other than as required by applicable law, Exclusive Networks does not undertake any obligation to update or revise any forward-looking statement. This press release does not contain or constitute an offer of securities for sale or an invitation or inducement to invest in securities in France, the United States or any other jurisdiction. 1 Defined as Gross Sales generated in year N from vendors/customers active in year N-1 divided by Gross Sales from the same vendors/customers in year N-1
- 11/09/2022
|
Crypto Commerce Leader Exeno’s IEO Sells Out within the First FOUR Minutes of Opening
- Majuro, Marshall Islands, Oct. 03, 2022 (GLOBE NEWSWIRE) — Exeno’s IEO is a resounding success, with exeno coin (EXN) reaching its initial cap within the first four minutes. The IEO is still open for less than 12 hours, and more people are still participating. The event so far has been a record breaker and has… The post Crypto Commerce Leader Exeno’s IEO Sells Out within the First FOUR Minutes of Opening appeared first on DKODING...
- 10/03/2022
|
Globex Mining Enterprises says optionee Excellon Resources has filed an updated technical report for the Silver City project in Germany
- Globex Mining Enterprises Inc said its optionee Excellon Resources Inc has filed an updated independent technical report for the Silver City project, formerly known as the Bräunsdorf exploration license, in Saxony, Germany. The company said, per Excellon, that independent consulting firm MSA Group Pty Ltd had concluded that the proposed work program was appropriate for the Silver City project.
- 07/19/2022
|
Globex Mining Enterprises says optionee Excellon Resources extends Bräunsdorf exploration license in Germany
- Globex Mining Enterprises Inc said Excellon Resources (TSX:TSX:EXN) Inc has announced the extension to September 30, 2025, of the 164 square kilometre (km2) Bräunsdorf exploration license, composing part of the 340 km2 Silver City project in Germany. Globex noted that it is impressed and pleased with the exploration efforts of Excellon on the Bräunsdorf License and looks forward to its continued exploration efforts.
- 06/09/2022
|
Best Trending Penny Stocks to Watch in March 2022
- Check these trending penny stocks out for your watchlist The post Best Trending Penny Stocks to Watch in March 2022 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 03/11/2022
|
Why Is Excellon Resources (EXN) Stock Up Today?
- Here's the news that has investors in EXN stock ecstatic today as shares of this silver and gold miner jump more than 30%. The post Why Is Excellon Resources (EXN) Stock Up Today?
- 03/11/2022
|
Gold Stocks: Why Are HYMC, PZG, TRX and EXN Up Today?
- Gold stocks are on the move Friday as various companies in the sector see shares rise higher among recent volatility due to Russia. The post Gold Stocks: Why Are HYMC, PZG, TRX and EXN Up Today?
- 03/11/2022
|
Excellon Resources Inc. (EXN) May Report Negative Earnings: Know the Trend Ahead of Q4 Release
- Excellon Resources Inc. (EXN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 03/09/2022
|
Exclusive Networks - Q3 2021 Financial Update
- BOULOGNE-BILLANCOURT, France--(BUSINESS WIRE)--Regulatory News: Exclusive Networks (Pairs:EXN): In the third quarter, the Group recorded Gross Sales of €804.9 million, up 21.9%1 (+37.7% on a reported basis) and revenue of €578.4 million compared to the same period in 2020, accelerating the trend recorded in the first half of the year. In the first nine months of 2021, the Group recorded Gross Sales of €2,282.3 million, up 15.5%1 (+28.6% on a reported basis) and revenue of €1,684.3 million, compared to the same period in 2020. Jesper Trolle, Chief Executive Officer, declared: “This third quarter performance is the testimony to the relevance of the strategy in place. Our competitive positioning through our highly curated portfolio of leading cybersecurity vendors proves our capacity to address the growing demand. During the quarter, we have continued to increase our partner base, expanded into new countries with our existing vendors and onboarded new promising vendors to our platform, while maintaining a healthy pipeline for the upcoming quarters. On the M&A front, we acquired Ignition in July, which will help us establish a dedicated proposition for emerging vendors and we are currently in exclusive discussions with Networks Unlimited, which would expand our footprint into Sub-Saharan Africa. I would like to take this opportunity to thank our teams across the world for their strong commitment and our vendors and partners for their ongoing trust, which once again made the difference this quarter. We now focus our efforts on the last quarter of the year, for which we remain confident to achieve the targets announced.” GROSS SALES BY GEOGRAPHY in € million Q3 2020 Q3 2021 Change Reported Reported at constant currency* Proforma Growth** EMEA 421.9 608.3 +44.2% +43.5% +22.3% APAC 84.9 103.0 +21.2% +22.0% +21.2% AMERICAS 77.9 93.6 +20.1% +22.0% +20.1% GROUP 584.7 804.9 +37.7% +37.5% +21.9% * Variation at constant currency is computed using the third quarter of 2020 rates applied to the third quarter of 2021 Gross Sales. The USD, GBP and PLN evolved as follows; 1EUR: 1.1788 USD; 1EUR: 0.8553 GBP, 1EUR:4.5661 PLN respectively for 2021 and 1EUR: 1.1695 USD, 1EUR: 0.9050GBP, 1EUR: 4.4405 PLN respectively for 2020. ** including Veracomp in 2020. REVENUE2 BY GEOGRAPHY in € million Q3 2020 Q3 2021 Change Reported Reported at constant currency* EMEA 317.9 440.2 +38.5% +38.0% APAC 65.7 80.7 +22.8% +23.6% AMERICAS 48.2 57.5 +19.3% +20.2% GROUP 431.8 578.4 +34.0% +33.8% * Variation at constant currency is computed using the third quarter of 2020 rates applied to the third quarter of 2021 revenue. BUSINESS REVIEW During the third quarter of 2021, the Group generated significant Gross Sales growth, reaching €804.9 million, up 21.9% compared to the same period last year and including Veracomp in 2020, thanks to the strong contribution of all Regions, which demonstrates the remarkable underlying growth of our vendor portfolio. The Group was able to benefit from a brisk growth momentum in the quarter, notably thanks to the Enterprise market and closing large deals. Since the lockdowns have lifted, demand has accelerated around the world. The metrics improved and went back to pre-covid levels in the Third quarter 2021, with Vendors renewal rates3 reaching 119% (113% in Q3 2020) and Customers renewal rates2 rose 115% (110% in Q3 2020). During the quarter, 70% of the growth came from existing vendors, 14% of growth came from the vendor expansion to new geographies, 2% of the growth came from new vendors, and 14% came from the contribution from acquisitions. In the EMEA Region, Gross Sales reached €608.3 million, up 22.3%4 compared to the third quarter 2020, enjoying robust Gross Sales growth over the quarter, on the back of a strong Enterprise momentum. In the APAC Region, Gross Sales reached €103.0 million, up 21.2% compared to the third quarter 2020. The market dynamism was supported by the signature of large contracts and the expansion of service offering. In the AMERICAS Region, Gross Sales were up 20.1% compared to the third quarter 2020, at €93.6 million, in line with our strategy and growth plans. During the quarter, additional investments were made to ensure we deliver on the growth strategy, driven by new vendors and the rollout of service offerings within the Region. The Region enjoyed a strong order momentum from existing and new vendors and launched X-OD (Exclusive-On-Demand) in August to give customers more options to consume technology. On the operational side, the worldwide semiconductor shortage impacted only the availability of few products in few regions. SIGNIFICANT EVENTS SINCE 30 JUNE 2021 On 23 September 2021, Exclusive Networks announced the success of its Initial Public Offering (IPO) on Euronext Paris (Compartment A, ISIN code FR0014005DA7, ticker symbol EXN). The success of the Offering reflects the strong demand from leading French and international institutional investors. Based on the offering price of 20 euros per share, the market capitalisation of Exclusive Networks amounted to approximately 1.8 billion euros as of the date of listing. J.P. Morgan and Morgan Stanley acted as Joint Global Coordinators and Joint Bookrunners. BNP PARIBAS, Citigroup and Société Générale acted as Joint Bookrunners. Lazard acted as independent financial advisor. On 4 August 2021, Exclusive Networks announced its expansion of X-OD (Exclusive-On-Demand) into the U.S. X-OD is the company’s online digital platform and delivery service used for select cybersecurity and infrastructure products and services. On 4 August 2021 Exclusive Networks announced signing an exclusivity agreement with Networks Unlimited with the intention to pursue discussions around a potential acquisition: Networks Unlimited is a major regional value-added distributor focused predominantly on cybersecurity and infrastructure markets, with numerous key vendor relationships in common with Exclusive. Headquartered in South Africa with further operations in Kenya and Mauritius, its partner ecosystem gives it access to 38 national markets across the continent. The agreement would bolster Exclusive Networks’ presence in the region, expanding its global footprint and creating additional opportunities for vendors and customers of both organisations. On 6 July 2021, Exclusive Networks announced it had acquired Ignition Technology, the UK and Northern Europe specialist security VAD concentrated on early-stage disruptive security-as-a-service (SaaS) vendors. The acquisition further reinforces Exclusive’s heritage and reputation as the go-to specialist distribution partner for emerging cybersecurity innovators, creating a dedicated operation focused on younger technology companies looking to break out into the global market. OUTLOOK In light of the Group performance delivered in the first nine months of the year, the Group reconfirms its targets for Full-Year 2021 and medium term: 2021 Medium Term Gross Sales Group Low teens (incl. M&A) Mid-teens % growth in 2022 Low double-digit % growth thereafter M&A contribution limited contribution to the targeted growth for 2021 1-2pts of growth p.a., in line with historic contribution EMEA In line with the Group APAC Slightly below the Group AMERICAS Above the Group Revenue Growth Similar to that targeted for Gross Sales Net margin growth High single-digit percentage growth Small margin compression, limited to ~1pt decline overall during the period Adj. EBITA margin Stable as a percentage of Net Margin Stable as % of Net Margin in 2022 Margin expanding to slightly above 40% thereafter D&A in value5 Low double-digit million Low to mid double digit in €m Effective tax rate (as % of Adjusted PBT6) In the low twenties Increasing to mid-twenties Net Working Capital7 (as % of Gross Sales) Approximately 4.5% (after the reversal of 2020 exceptional effects) Approximately 4.5% Capex8 in value Low double-digit million Low to mid double digit in €m Leverage leverage ratio of Net Debt to EBITDA of approximately 2.5x as of 31 December 2021 Dividend Objective to distribute dividends of approximately 25% of its annual Adjusted Net Income, starting from and subject to shareholder approval at the annual shareholders’ meeting to convene in 2022 APPENDIX GROSS SALES BY GEOGRAPHY in €million 9 months 2020 9 months 2021 Change Reported Reported at constant currency* Proforma growth** EMEA 1,305.2 1,761.6 +35.0% +36.0% +16.9% APAC 268.3 296.3 +10.4% +13.1% +10.4% AMERICAS 200.6 224.4 +11.9% +17.7% +11.9% GROUP 1,774.1 2,282.3 +28.6% +30.5% +15.5% * Variation at constant currency is computed using the first nine months of 2020 rates applied to the first nine months of 2021 revenue. ** including Veracomp in 2020. REVENUE9 BY GEOGRAPHY in €million 9 months 2020 9 months 2021 Change Reported Reported at constant currency* EMEA 972.5 1,301.2 +33.8% +35.0% APAC 202.5 231.1 +14.1% +16.6% AMERICAS 135.6 152.0 +12.1% +17.9% GROUP 1,310.7 1,684.3 +28.5% +30.3% * Constant currency at first nine months of 2020 exchange rates. CONFERENCE CALL Jesper Trolle, Chief Executive Officer and Pierre Boccon-Liaudet, Chief Financial Officer, will present this press release during a conference call in English to be held today at 09:00 a.m. (CET). You can follow this conference call live via webcast at the following link: www.exclusive-networks-ir.com. A replay will also be available for a period of one year. All documents relating to this publication will be placed online on the Exclusive Networks Investor Relations website at www.exclusive-networks-ir.com Regulated information related to this press release and presentation is available on www.exclusive-networks-ir.com PROVISIONAL CALENDAR Q4 2021 Financial update (Gross Sales and Revenue): 21 February 2022 FY 2021 Financial Results: 30 March 2022 DISCLAIMER This press release may contain forward-looking statements. Such statements may include projections, estimates, assumptions, statements regarding plans, objectives, intentions and/or expectations with respect to future financial results, events, operations and services and product development, as well as statements, regarding future performance or events. Forward-looking statements are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans”, “projects”, “may”, “would” “should” or the negatives of these terms and similar expressions. Although Exclusive Network’s management currently believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking statements are subject to various risks and uncertainties (including, without limitation, risks identified in Exclusive Networks’ Registration Document available on Exclusive Networks’ website), because they relate to future events and depend on future circumstances that may or may not occur and may be different from those anticipated, many of which are difficult to predict and generally beyond the control of Exclusive Networks. Actual results and developments may differ materially from those expressed in, implied by or projected by forward-looking statements. Forward-looking statements are not intended to and do not give any assurances or comfort as to future events or results. Other than as required by applicable law, Exclusive Networks does not undertake any obligation to update or revise any forward-looking statement. This press release does not contain or constitute an offer of securities for sale or an invitation or inducement to invest in securities in France, the United States or any other jurisdiction. About Exclusive Networks Exclusive Networks is a leading global specialist in innovative cybersecurity technologies, providing services to accelerate the sale of cybersecurity disruptive and digital infrastructure technologies on a global scale. Exclusive Networks helps cybersecurity vendors scale their businesses globally, and offering channel partners (such as value-added resellers, system integrators, telcos and managed service providers) expertise, disruptive technologies and services to fit the needs of their corporate customers. Exclusive Networks also works with several vendors offering solutions in specific sub-segments beyond cyber. Exclusive Networks excels by combining global scale with local execution. With offices in 40 countries and the ability to service customers across five continents and in over 150 countries, Exclusive Networks, headquartered in France, offers a “global scale, local sale” model. This model enhances performance in local operations by providing both global and local support. This approach has enabled Exclusive Networks to (i) develop one of the world's broadest portfolios of cybersecurity solutions from over 240 leading vendors and (ii) develop a worldwide customer base, consisting of over 18,000 VARs, SIs, Telcos and MSPs, indirectly serving more than 110,000 end-customers. Over the period from 2018 to 2020, Exclusive Networks engaged in business in more than 124 countries. Exclusive Networks’ approach enables vendors to adopt a simple and agile go-to-market model in relation to their cybersecurity and digital infrastructure solutions, while benefitting from Exclusive Networks’ local expertise and market knowledge in each jurisdiction where it operates. Exclusive Networks’ scale is equally important to its customers as their own end-users may be located in multiple regions of the world. In addition, Exclusive Networks helps its customers through its expertise in vendor selection as cybersecurity and digital infrastructure solutions become ever more complicated and keep evolving in the face of increasing cybersecurity threats. 1 Including Veracomp in 2020 2 As per IFRS 3 Defined as Gross Sales generated in year N from vendors/customers active in year N-1 divided by Gross Sales from the same vendors/customers in year N-1 4 Including Veracomp in 2020. 5 Excluding Amortization of Intangible Assets but including Leases 6 Effective tax rate as a percentage of Adjusted PBT of 30.5% for 2020 7 Net Working Capital excludes EXN Capital Finance Asset, which relates to IT solution systems sold through Exclusive Capital financing arrangements. 8 Net Operating Capex plus Repayment of Lease Liabilities 9 As per IFRS.
- 11/10/2021
|
Excellon boosts silver equivalent production in second quarter
- (Kitco News) - Excellon Resources (TSX:EXN) announced today that in Q2 2021, the company produced 487,009 silver equivalent ounces, a substantial increase over 34,924 ounces produced in Q2 2020, from the Platosa mine in Durango, Mexico.
- 07/21/2021
|
Excellon reports strong Q1 2021 production results in Mexico
- (Kitco News) - Excellon Resources (TSX:EXN, EXN.WT; NYSE:EXN) announced Thursday that the company produced 516,715 silver equivalent ounces (Q1 2020 – 523,742 ounces) at its Platosa mine in Durango, Mexico.
- 04/15/2021
|
