DGAP-News: asknet publishes business figures for the first nine months of 2013
(firmenpresse) - DGAP-News: asknet AG / Key word(s): Quarter Results
asknet publishes business figures for the first nine months of 2013
15.11.2013 / 10:30
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asknet publishes business figures for the first nine months of 2013
- Sales revenues and gross profits up on prior-year period
- Positive nine-month result
- Full-year forecast confirmed
Karlsruhe, November 15, 2013 - asknet AG has announced its business figures
for the first nine months of 2013. The leading supplier of global
e-commerce solutions generated consolidated sales revenues of 58.86 million
euros in the reporting period, up approx. 12 percent on the same period of
the previous year. asknet Group's gross profits in the reporting period
rose by approx. 4 percent to 7.39 million euros compared to the first nine
months of 2012, of which 5.47 million euros were contributed by the
eDistribution segment and 1.92 million euros by ePortals.
Both business segments of asknet Group delivered a positive performance in
the reporting period. The eDistribution segment continued its growth, with
sales revenues and gross profits up by approx. 12 percent and approx. 3
percent, respectively, on the first nine months of 2012. While last year's
trend in the ePortals segment was negative, asknet's academic software
portals returned to growth in the first nine months of 2013, reporting a
roughly 13 percent increase in sales revenues. Gross profits rose by
approx. 9 percent. The good business performance in the reporting period is
reflected in a positive nine-month result. Earnings before taxes (EBT)
amounted to 22 thousand euros, having improved by 87 thousand euros
compared to the same period of the previous year. After interest and taxes,
asknet Group posted a net profit for the period of 20 thousand euros.
As of September 30, 2013, asknet Group's total assets declined to 10.90
million euros, compared to 13.51 million euros at the end of 2012. At 3.59
million euros, total equity remained almost unchanged from the 3.61 million
euros reported at the end of 2012; this corresponds to an equity ratio of
33 percent. asknet Group's liquid assets amounted to 4.79 million euros on
the reporting date September 30, 2013, compared to 6.58 million euros at
the end of 2012. asknet Group's liabilities decreased by a substantial 4.63
million euros to 3.84 million euros, of which approx. 82 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
negative at -1.68 million euros, reflecting the reduction of liabilities.
'We are very pleased with the positive business developments of our two
business segments in the first nine months of the year. Our business
performance in the year to date is within the planned range and we are
confident - not least thanks to the good conditions for the sector - that
we will be able to improve our operating results as projected for the full
year 2013,' said Michael Konrad, CEO of asknet AG.
The nine-month 2013 financial figures of asknet AG are available on the
company website at www.asknet.com.
Selected key performance indicators of asknet Group
Jan. 1 - Sept. 30, 2013 Jan. 1 - Sept. 30, 2012About asknet
Sales revenues EUR 58.86 million EUR 52.32 million
Gross profits EUR 7.39 million EUR 7.08 million
EBIT EUR 19.2 thousand EUR -82.7 thousand
EBT EUR 22.1 thousand EUR -65.3 thousand
Net profit/loss EUR 19.5 thousand EUR -80.0 thousand
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'. asknet's customers
include numerous 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). In 2012 the company's transaction revenues amounted to 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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240021 15.11.2013
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Datum: 15.11.2013 - 10:30 Uhr
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