Changes to the 2023 annual results of Acheter-Louer.fr

On July 7, 2024, Buy-Louer.fr published a corrective press release concerning its 2023 annual results. The Company recorded additional depreciation of €1,062 thousand, impacting ALLODATA securities, ADOMOS convertible bonds and accounts doubtful customers.

Following these adjustments, turnover remains at 2,304 thousand euros. However, the consolidated net result was revised to -10,061 thousand euros instead of -8,684 thousand euros in 2023. The auditor's report, dated July 5, 2024, highlights significant uncertainties affecting the continuity of operations of the Company.

In response, Buy-Louer.fr has adopted measures to reduce its costs and preserve its agility in a difficult real estate context. The Company estimates that it will be able to finance its working capital needs until September 2024 thanks to the financial support of REAL ESTATE TECHNOLOGY OPPORTUNITIES.