DGAP-News: asknet publishes Group business figures for the fiscal year 2012
(firmenpresse) - DGAP-News: asknet AG / Key word(s): Final Results
asknet publishes Group business figures for the fiscal year 2012
09.04.2013 / 10:01
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asknet publishes Group business figures for the fiscal year 2012
- Sharp increase in sales revenues, gross profits at prior year level
- Reduction in structural costs paying off, as asknet breaks even on
full-year basis
- Positive outlook on 2013
Karlsruhe, April 9, 2013 - asknet AG, a leading supplier of global
e-commerce solutions for software and digital media companies, has
announced its business figures for the year 2012. In the year under review,
the Group generated consolidated sales revenues of 74.8 million euros, up
by approximately 14 percent on the previous year. At 10.1 million euros,
gross profits were on a par with the previous year, with the eDistribution
segment contributing 7.5 million euros and the ePortals segment accounting
for 2.6 million euros. The Group's gross profit margin stood at 13.5
percent.
The two segments of the asknet Group showed a quite different performance
in the fiscal year 2012. The eDistribution segment had a moderate start to
the year but returned to double-digit year-on-year gross profit growth in
the second quarter. By contrast, the ePortals segment showed a negative
performance throughout the year. On balance, however, the decline in
academic software portals was fully offset by the positive development of
the eDistribution segment.
The streamlining of the organizational structure, which was implemented in
the previous year to cut costs and increase efficiency, clearly paid off
already in the reporting period. Earnings before interest and taxes (EBIT)
amounted to 0.09 million euros, while earnings before taxes (EBT) for the
full year reached 0.10 million euros. After interest and taxes, the asknet
Group posted a net profit of 0.08 million euros. The company thus reached
its forecast, which had provided for the company to break even on a
full-year basis. In 2011, the Group had still posted a net loss of 0.88
million euros.
'We are very pleased about the successful fiscal year 2012 and are
confident that our ePortals segment will also return to growth and that we
will further improve our operating result in fiscal 2013,' says Michael
Konrad, CEO of asknet AG.
As previously announced, the company will publish the full consolidated
financial statements and the 2012 Annual Report on its website at
www.asknet.com on April 30, 2013.
About asknet:
asknet is a global leader of customized e-commerce solutions that enable
merchants to sell to customers in more than 190 countries worldwide. Top
software publishers such as ABBYY, CyberLink, F-Secure, Nero, NetObjects,
Norman, Panda Security and Steinberg Media Technologies rely on asknet's
e-commerce gateway to globally and securely distribute their software and
digital media. 80% of German universities use asknet's portals to
distribute their software to students and both Adobe and Microsoft leverage
asknet as large account reseller to serve the academic market in Germany.
asknet's studyhouse.biz portal is the top internet destination for
students to download a wide range of software.
asknet was founded in 1995 as a spin-off of the Karlsruhe Institute of
Technology (KIT, formerly the University of Karlsruhe). Transaction
revenues amounted more than 90 million Euros in 2012. For more information,
visit www.asknet.com
Press Contact:
asknet AG
Katja Speck
Phone: +49/721/96458-6369
eMail: katja.speck(at)asknet.com
End of Corporate News
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