All Stories
Follow
Subscribe to asknet AG

asknet AG

asknet publishes half-yearly figures for 2007

Karlsruhe (euro adhoc) -

- Strong sales increase of 31% to EUR 26.2 million
- Operating results up but still negative
- Forecast for the entire year confirmed
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies/half-yearly figures
Karlsruhe , 14 August 2007 - asknet AG, one
of the leading providers of outsourcing solutions for global software
distribution via the Internet (Electronic Software Distribution - 
ESD) announced its business figures for the first half of 2007.
In the first six months of 2007, the asknet Group generated sales of 
EUR 26.2 million representing an increase of approximately 31% 
against the same period last year. This marked increase is due to an 
extension of the customer base and to an increase in online sales to 
existing customers. Especially the outsourcing business for software 
provider F-Secure, as well as for Nero whose shops have only been 
serviced by the asknet platform since March , had a positive effect 
on sales. The Group´s gross earnings reached EUR 3.8 million, up 23%.
The main motor for the growth in earnings was the eDistribution 
network segment, with a 31% increase to EUR 2.5 million. The ePortals
segment with the download platform softwarehouse.de as its most 
important component, posted a 10% increase in gross earnings which 
rose to EUR 1.3 million. The Group´s gross earnings margin was 14,4%.
Operating results (EBIT) improved and stood at EUR -1.7 million, 
compared to EUR -1.9 million for the same period last year. The loss 
for the period was EUR 1,5 million, compared to EUR 2.0 million in 
the first half of 2006.
For the entire year 2007, the Management Team continues to expect an 
increase in sales of at least 40% and a marked drop in operating 
losses. In the second half of the year, due to positive effects from 
the customer Nero and from the traditionally lively end-of-year trade
in software, pressure on earnings is expected to be lower than in the
first six months of the year.
"Business development in the first half of 2007 came up to our 
expectations," said Gerhard Rumpff, CEO of asknet AG, going on to 
explain: "In the outsourcing solutions segment for software 
providers, we acquired a large number of new customers. Growth here 
is primarily generated by our shops abroad. In the first half of 
2007, at 57.2% sales processed abroad were higher than proceeds from 
sales to end customers in Germany for the first time."
In total, asknet processed some 527,000 online transactions in the 
first half of 2007, representing a plus of 188,000 or 55%. 
Approximately 94% of these were in the eDistribution network segment.
In the ePortals segment which is primarily characterised by 
large-volume transactions with universities, development was slightly
less dynamic. For the entire year of 2007, an accelerated growth in 
sales and profits is expected in this segment as well, due to 
significant new customer contracts in the last few weeks, including a
contract for designing the software portal for a major German 
electronics distributor.
As of today, the Half Year Report 2007 of asknet AG is available on 
the company´ s website at www.asknet.de.
About asknet AG: asknet offers its clients customised outsourcing 
solutions for global software distribution via the Internet. 
Established in 1995 as a spin-off from Karlsruhe University, the 
company grew to be the Number Two of the independent global suppliers
in electronic software distribution. In addition to integrated shop 
solutions for software producers, the company also develops and 
operates software distribution portals, among others 
softwarehouse.de, Europe´s biggest download platform for standard 
software. In 2006, asknet achieved revenue from sales of almost 42 
million euros and completed more than 700,000 transactions. Among the
customers of the Karlsruhe company are well-known suppliers of 
specialised software such as F-Secure, Nero, InterVideo, DivX and 
WebsitePros. In addition, asknet supplies about 70 per cent of the 
German universities with software products. asknet AG has been listed
at the stock exchange in Frankfurt at the entry standard since 
November 2006. For further information please visit: www.asknet.de
end of announcement                               euro adhoc 14.08.2007 08:48:57

Further inquiry note:

asknet AG
Daniela Simon
Phone: +49/721/96458-6112
E-Mail: daniela.simon@asknet.de

IR.on AG
Fabian Kirchmann
Phone: +49/221/9140-970
E-Mail: fabian.kirchmann@ir-on.com

Branche: Electronic Commerce
ISIN: DE0005173306
WKN: 517330
Börsen: Börse Frankfurt / free trade/entry standard

Original content of: asknet AG, transmitted by news aktuell

More stories: asknet AG
More stories: asknet AG
  • 05.07.2007 – 10:58

    asknet AG: Bob Lamvik appointed new president of asknet, Inc.

    Significant boost to marketing activities in the North American market ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. companies/personnel Karlsruhe / San Francisco (euro adhoc) - 5 July 2007 - asknet, Inc., a subsidiary of asknet AG (ISIN: DE0005173306) which focuses on outsourcing solutions for global software distribution via the Internet, has ...

  • 25.06.2007 – 17:09

    asknet wins several new customers

    Additional sales volume of approximately EUR 7 million annualized ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. companies/new customers Karlsruhe (euro adhoc) - Karlsruhe, 25 June 2007 - asknet AG (ISIN: DE0005173306), one of the leading providers of outsourcing solutions for global software distribution via the Internet (Electronic Software Distribution - ESD), has won several new customers. With ...

  • 20.12.2006 – 10:14

    asknet AG: Susteen banks on global eDistribution solutions from asknet

    - Leading provider of synchronization software is partnering with asknet for its Internet distribution services ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. Karlsruhe (euro adhoc) - Karlsruhe (Germany), December 20, 2006 - asknet AG (ISIN: DE0005173306), one of the leading providers of outsourcing ...