According to the preliminary figures, during the business year 2021 the company sales revenues of InterCard AG Informationssysteme increased from EUR 20.7 million to EUR 23.1 million. The increase is due primarily to the consolidation of our new majority holding IDpendant, which is included for the entire year for the first time. Moreover, the InterCard Group has started into the new business year 2022 with a very good backlog of orders.
As was to be expected, the concern result was still negatively affected by the closures in the universities which form our core market as a result of the pandemic. Nonetheless, according to the preliminary figures the EBITDA amounted to TEUR 1,848 (previous year: TEUR 2,315), the EBIT amounted to TEUR 702 (previous year: TEUR 1,175) and the EBT amounted to TEUR 548 (previous year: TEUR 1,047). It was during 2021 that the financial effects of the pandemic reached their high point. By contrast, the previous year 2020 had begun with high revenues during the first quarter.
Our university customers have opened again and have thus evidently largely put the problems of 2021 behind them. Thus installations in our previous core market, the universities, are generally possible again.
Against this background, as of the end of 2021 InterCard has now completely ended the short working hours which it had taken advantage of in the interim period and is currently recruiting new staff in sales, both nationally and internationally, in order to accelerate the marketing of the new system also beyond the university sector.
You can read more about InterCard and our new identification system SECANDA on www.intercard.org.