DGAP-News: asknet publishes 2012 Annual Report
(firmenpresse) - DGAP-News: asknet AG / Key word(s): Final Results
asknet publishes 2012 Annual Report
30.04.2013 / 09:25
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asknet publishes 2012 Annual Report
Karlsruhe, April 30, 2013 - asknet AG, a leading supplier of global
e-commerce solutions for software and digital media companies, has
published its Annual Report 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 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.
As of December 31, 2012, asknet Group's total assets rose to 13.51 million
euros, compared to 11.70 million euros in 2011. Total equity increased
moderately in the reporting period, namely from 3.55 million euros to 3.61
million euros, corresponding to an equity ratio of approximately 27
percent. asknet Group's liquid assets amounted to 6.58 million euros on the
reporting date December 31, 2012, compared to 6.08 million euros at the end
of 2011. Liabilities of asknet Group increased by 1.6 million euros to 8.46
million euros, of which approximately 88 percent were trade payables.
asknet Group did not have any financial obligations as of the balance sheet
date. Consolidated cash flows from operating activities were positive at
0.73 million euros.
The 2012 Annual Report of asknet AG is available on the company website at
www.asknet.com.
Selected key performance indicators of asknet Group
2012 2011About asknet
Sales revenues EUR 74.8 million EUR 65.4 million
Gross profits EUR 10.1 million EUR 10.1 million
EBIT EUR 0.09 million EUR -0.89 million
EBT EUR 0.10 million EUR -0.85 million
Net profit/loss for the year EUR 0.08 million EUR -0.88 million
asknet, a leading global provider for customized e-commerce solutions
allows merchants to sell into more than 190 countries around the globe.
asknet's e-commerce gateway exceeds market standards for software and
digital media distribution. The company develops and maintains portals for
software distribution and supplies 80% of all German universities with
software products. asknet acts as a large account reseller for Adobe and
Microsoft in the Academic Market and won the IBM Bestseller Award 2012.
asknet offers students a wide range of software downloads for personal use
through its leading Internet platform 'studyhouse.biz'. asknets customers
includenumerous providers of specialty software including ABBYY,
CyberLink, F-Secure, Nero, NetObjects, Norman, Panda Security and Steinberg
Media Technologies. asknet was founded in 1995 as a spin-off of the
Karlsruhe Institute of Technology (KIT, formerly the University of
Karlsruhe). 2012 the companies transaction revenues amounted more than 90
million euros. 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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209067 30.04.2013
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Datum: 30.04.2013 - 09:25 Uhr
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