22.03.2019 asknet AG  DE000A2E3707

DGAP-Adhoc: asknet AG: Upon completing acquisition of Nexway Group AG, asknet AG initiates migration to a single product and technology platform, triggering write-downs of asknet pre-Nexway capital expenditures, earnings forecast is also adjusted


 

DGAP-Ad-hoc: asknet AG / Key word(s): Change in Forecast/Takeover
asknet AG: Upon completing acquisition of Nexway Group AG, asknet AG initiates migration to a single product and technology platform, triggering write-downs of asknet pre-Nexway capital expenditures, earnings forecast is also adjusted

22-March-2019 / 10:11 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Upon completing acquisition of Nexway Group AG, asknet AG initiates migration to a single product and technology platform, triggering write-downs of asknet pre-Nexway capital expenditures, earnings forecast is also adjusted

March XX, 2019, Karlsruhe (Germany) - asknet AG is advancing the integration of Nexway Group and has decided to carry out special depreciations on internally (pre-Nexway acquisition) developed software already for the 2018 financial year. Subsequently, a low seven-digit loss (EBT) is now expected on a provisional basis. The depreciation on internally developed asknet software will create a conservative balance sheet basis for the consolidation of the Nexway as of the 2019 financial year. The acquisition of Nexway Group AG, the holding company of Nexway SAS, had been completed at the end of January 2019.

This non-cash adjustment follows the strategic decision to primarily utilize Nexway's e-commerce platform technology. New asknet customer shops are already being launched on Nexway technology, existing asknet shops will be migrated step by step over the next few years if requested by the customers. By using one platform and gradually integrating special features of the asknet platform into the superior Nexway technology, costs can be reduced and scalability as well as utilization increased to become a leading global commerce-as-a-service and merchant services provider.

At the same time, with the continued progress of the growth plan adopted in September 2018, asknet Group (without Nexway) accounted in 2018 as projected a significant growth (double-digit) both in sales revenues and gross profit on the basis of preliminary figures. The full consolidated annual report for the 2018 financial year will be published as planned on April 30, 2019.

For 2019, the integration and consolidation of Nexway Group will result in a substantial increase in sales revenues and gross profit. On the earnings side, it is planned to significantly reduce the loss and to generate positive earnings on an adjusted basis (before extraordinary and restructuring costs pertinent to streamlining an expanded asknet AG organization.

Contact
Florian Kirchmann
Phone: +49 221 9140-97 0
eMail: investorrelations@asknet.de


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Language: English
Company: asknet AG
Vincenz-Priessnitz-Str. 3
76131 Karlsruhe
Germany
Phone: +49 (0)721 / 964 58-0
Fax: +49 (0)721 / 964 58-99
E-mail: info@asknet.de
Internet: www.asknet.de
ISIN: DE000A2E3707
WKN: A2E370
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Munich, Stuttgart

 
End of Announcement DGAP News Service

790589  22-March-2019 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2013 2014 2015 2016 2017 2018 2019 2020e
Umsatzerlöse1 82,21 89,38 73,32 68,72 66,16 85,84 84,31 0,00
EBITDA1,2 0,38 0,24 0,22 -1,54 1,00 -0,26 -1,78 0,00
EBITDA-Marge3 0,46 0,27 0,30 -2,24 1,51 -0,30 -2,11 0,00
EBIT1,4 0,24 0,11 0,09 -1,69 0,59 -1,86 -2,62 0,00
EBIT-Marge5 0,29 0,12 0,12 -2,46 0,89 -2,17 -3,11 0,00
Jahresüberschuss1 0,23 0,10 0,08 -2,50 0,07 -1,83 -2,67 0,00
Netto-Marge6 0,28 0,11 0,11 -3,64 0,11 -2,13 -3,17 0,00
Cashflow1,7 -1,41 3,68 -2,18 0,36 0,61 -0,09 -1,83 0,00
Ergebnis je Aktie8 0,40 0,20 0,20 -4,90 0,03 -6,50 -2,04 -0,35
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2019 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ebner Stolz

INVESTOR-INFORMATIONEN
©boersengefluester.de
Asknet Solutions
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2E370 9,500 Halten 12,42
KGV 2021e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
25,00 0,00 0,000 -6,57
KBV KCV KUV EV/EBITDA
8,59 - 0,15 -8,347
Dividende '19 in € Dividende '20e in € Div.-Rendite '19e
in %
Hauptversammlung
0,00 0,00 0,00 14.08.2020
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
Sept. 2020 08.06.2020
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
7,93% 8,63% -3,06% -34,03%
    
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