{"id":10,"date":"2021-07-19T14:36:57","date_gmt":"2021-07-19T12:36:57","guid":{"rendered":"https:\/\/annualreport.palmapictures.es\/annualreport2020\/?page_id=10"},"modified":"2021-07-26T10:21:25","modified_gmt":"2021-07-26T08:21:25","slug":"how-we-did","status":"publish","type":"page","link":"https:\/\/annualreport.palmapictures.es\/annualreport2020\/how-we-did\/","title":{"rendered":"How we did"},"content":{"rendered":"[vc_row][vc_column width=”1\/3″][\/vc_column][vc_column width=”2\/3″][vc_column_text]\n

How we did<\/h1>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/3″][vc_column_text el_class=”inside-page-menu”]Contents<\/p>\n

Revenues<\/a><\/p>\n

Audit report<\/a>[\/vc_column_text][\/vc_column][vc_column width=”2\/3″][vc_column_text el_class=”intro-txt”]We are a full service (one stop shop) Production services company delivering the full spectrum of content (from stills to feature films) with a global clientele.<\/strong>[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1554281413037{margin-top: 30px !important;margin-bottom: 30px !important;}” el_id=”revenues”][vc_column][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1524052175748{margin-top: 30px !important;margin-bottom: 30px !important;}”][vc_column][vc_column_text]\n

Revenues<\/h2>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1554890154632{margin-bottom: 30px !important;}”][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text css=”.vc_custom_1524213492992{margin-bottom: 20px !important;}”]Sales<\/strong>[\/vc_column_text][vc_single_image image=”246″ img_size=”full” onclick=”link_image” css=”.vc_custom_1627287676083{margin-top: 2px !important;margin-right: 2px !important;margin-bottom: 2px !important;margin-left: 2px !important;padding-top: 2px !important;padding-right: 2px !important;padding-bottom: 2px !important;padding-left: 2px !important;background-color: #dbdbdb !important;}”][vc_empty_space height=”10px”][vc_column_text css=”.vc_custom_1626871157374{margin-top: 15px !important;margin-bottom: 15px !important;}”]Revenues for 2020 were at 7.3M\u20ac. The Company\u2019s sales have been significantly reduced due to the drop in demand as a result of the effects of this pandemic. We did secure work across our main businesses (commercials, tv, and photo) through the second half of the year, in part, this was through providing a remote shooting facility.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/2″][vc_column_text css=”.vc_custom_1524213505095{margin-bottom: 20px !important;}”]EBITDA<\/strong>[\/vc_column_text][vc_single_image image=”247″ img_size=”full” onclick=”link_image” css=”.vc_custom_1627287683411{margin-top: 2px !important;margin-right: 2px !important;margin-bottom: 2px !important;margin-left: 2px !important;padding-top: 2px !important;padding-right: 2px !important;padding-bottom: 2px !important;padding-left: 2px !important;background-color: #dbdbdb !important;}”][vc_empty_space height=”10px”][vc_column_text css=”.vc_custom_1626871184097{margin-top: 15px !important;margin-bottom: 15px !important;}”]EBITDA for 2020 at – 483.550\u20ac.
\nAs mentioned, due to the pandemic, work was markedly reduced in 2020, however the company worked hard on efficiency and cost control measures to limit the impact on profitability.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row disable_element=”yes”][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_column_text css=”.vc_custom_1524213536934{margin-bottom: 20px !important;}”]Activities<\/strong>[\/vc_column_text][vc_column_text]
<\/canvas>
    <\/ul><\/div>[\/vc_column_text][vc_column_text css=”.vc_custom_1626965920083{margin-top: 15px !important;margin-bottom: 15px !important;}”]We continue to see a broad mix of billings from our 3 business lines. Film and TV represented the majority at 63%, Commercials were 25% of our billings and Photos (Stills) 12%.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/2″][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/3″][\/vc_column][vc_column width=”2\/3″][\/vc_column][\/vc_row][vc_row disable_element=”yes” css=”.vc_custom_1597407562009{margin-top: 30px !important;margin-bottom: 30px !important;}” el_id=”clients”][vc_column][\/vc_column][\/vc_row][vc_row disable_element=”yes” css=”.vc_custom_1597407616712{margin-top: 30px !important;margin-bottom: 30px !important;}”][vc_column][vc_column_text]\n

    Clients<\/h2>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row disable_element=”yes” css=”.vc_custom_1597407571983{margin-top: 30px !important;margin-bottom: 10px !important;}”][vc_column][vc_row_inner css=”.vc_custom_1524213886875{margin-bottom: 30px !important;}”][vc_column_inner width=”1\/2″][vc_column_text css=”.vc_custom_1524213952088{margin-bottom: 20px !important;}”]Top Markets<\/strong>[\/vc_column_text][vc_column_text css=”.vc_custom_1524214217084{margin-bottom: 0px !important;}”][\/vc_column_text][vc_column_text css=”.vc_custom_1558691375741{margin-top: 15px !important;margin-bottom: 15px !important;}”]We saw good level of diversity in our client base in 2018. The high proportion from Scandinavia was driven by one main project\/campaign so we still look at UK as our strongest overall market with over 40% of revenue. Our other markets in Europe and North America made important contributions during a year of realignment of the sales force. We would expect a more balanced profile in 2019.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/2″][vc_column_text css=”.vc_custom_1524214257806{margin-bottom: 20px !important;}”]Top 10 Clients<\/strong>[\/vc_column_text][vc_column_text][\/vc_column_text][vc_column_text css=”.vc_custom_1559818937839{margin-top: 15px !important;margin-bottom: 15px !important;}”]Our top 10 clients (across all business lines) contributed over \u20ac11.6M (59%) of our turnover, up from \u20ac8.5M. Long form clients make up a significant portion of this turnover, hence the significant uplift.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"

    [vc_row][vc_column width=”1\/3″][\/vc_column][vc_column width=”2\/3″][vc_column_text] How we did [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/3″][vc_column_text el_class=”inside-page-menu”]Contents Revenues Audit report[\/vc_column_text][\/vc_column][vc_column width=”2\/3″][vc_column_text el_class=”intro-txt”]We are a full service (one stop shop) Production services company delivering the full spectrum of content (from stills to feature films) with a global clientele.[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1554281413037{margin-top: 30px !important;margin-bottom: 30px !important;}” el_id=”revenues”][vc_column][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1524052175748{margin-top: 30px !important;margin-bottom: 30px !important;}”][vc_column][vc_column_text] Revenues [\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1554890154632{margin-bottom: 30px !important;}”][vc_column][vc_row_inner][vc_column_inner…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false},"_links":{"self":[{"href":"https:\/\/annualreport.palmapictures.es\/annualreport2020\/wp-json\/wp\/v2\/pages\/10"}],"collection":[{"href":"https:\/\/annualreport.palmapictures.es\/annualreport2020\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/annualreport.palmapictures.es\/annualreport2020\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/annualreport.palmapictures.es\/annualreport2020\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/annualreport.palmapictures.es\/annualreport2020\/wp-json\/wp\/v2\/comments?post=10"}],"version-history":[{"count":16,"href":"https:\/\/annualreport.palmapictures.es\/annualreport2020\/wp-json\/wp\/v2\/pages\/10\/revisions"}],"predecessor-version":[{"id":271,"href":"https:\/\/annualreport.palmapictures.es\/annualreport2020\/wp-json\/wp\/v2\/pages\/10\/revisions\/271"}],"wp:attachment":[{"href":"https:\/\/annualreport.palmapictures.es\/annualreport2020\/wp-json\/wp\/v2\/media?parent=10"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}