www.LVTPR.comwww.marcommit.nlwww.lubbersdejong.nlHerken zakelijke websitebezoekers
2518 volgen @ICTberichten
Deel dit nu
Datum: (146 dagen geleden)
Bedrijf:

TIE KINETIX: full year 2020 Trading Update

Record setting performance

Press release interim consolidated financial statements TIE KINETIX N.V.
Financial information in this interim report is unaudited

Breukelen, the Netherlands, October 14th, 2020 – 08.00 AM CEST

Today TIE Kinetix NV releases its full year results early. The company provides this trading update to inform its investors and the market – especially in view of the record setting full year FY 2020 performance. The regular full FY 2020 press release is scheduled for November 17th, 2020.

The numbers in this press release are based on ‘fast close’ year-end processes, are estimated when necessaryand are unaudited. Due care has been taken in the preparation of the numbers presented in this press release, but readers are cautioned that it cannot be excluded that final FY 2020 numbers differ from the numbers presented in this press release.

image

The Company decided to strategically divest the business lines Demand Generation and Google Adwords for Channel. The solutions, including IP, customer contracts and staff were sold for a consideration of € 6 million. The basis for this decision was the desire to free up resources to invest in our focus on 100% digitization of documents with EDI and e-Invoicing solutions. Financial close of the transaction was postponed twice due to the worldwide COVID-19 measures taken and associating insecurities affecting business outlooks worldwide. The transaction financially closed in August 2020.

TIE Kinetix closed its fiscal year 2020 (period October 1, 2019 – September 30, 2020) with strong operational performance. In addition to a strong operational EBITDA of € 2.126k, or 12% (2019: €319k or 2%), the company recorded a gain on the divestiture of € 5.889k. Total net result for 2020 amount to € 6.475k (2019: loss of € 1.315k).

The company will be using the proceeds to further invest in its focus on 100% digitization of documents with EDI and e-Invoicing solutions in its current markets of operation.

Further information will be provided in the Full Year press release scheduled from November 17, 2020.

The earlier annouced Investor Relations update is postponed until further notice.

For further information, please contact:
TIE Kinetix N.V.
Michiel Wolfswinkel (CFO)
Phone: +31 (0) 88 3698060
Email: Michiel.Wolfswinkel@TIEKinetix.com

About TIE Kinetix
At TIE Kinetix, we deliver Software as a Service (SaaS) solutions to companies, governmental institutions, and their suppliers, to help them exchange all business documents electronically and simplify supply chain processes as a result. FLOW Partner Automation, our software platform, empowers its users to engage in smart business exchanges and streamline communication through seamless integration with any existing system. Since 1987, we have supported all EDI and e-invoicing standards and communication methods worldwide. Today, our global team of experts share their knowledge with our 2,500+ customers, facilitating the exchange of over 1 billion documents through FLOW each year.

TIE Kinetix is a public company (Euronext: TIE), and has offices in the Netherlands, France, Germany, Australia, and the United States. For more information, visit www.TIEKinetix.com, and follow us on Linkedin, Twitter, Facebook, Xing and YouTube.
Laatste van TIE Kinetix N.V.  
TIE Kinetix helpt Intratuin om Purchase-to-Pay automatisering naar een hoger niveau te tillen

TIE Kinetix introduceert real-time disaster recovery dienstverlening voor bedrijfskritische data

Gemeente Amsterdam verlengt elektronische facturatie overeenkomst met TIE Kinetix
Geplaatst:
Verstreken tijd: 146 dagen
TIE Kinetix N... contact  

Logo TIE Kinetix N.V.

  +31-88-369-8000
  info@TIEKinetix.com
  tiekinetix.com/nl
TIE Kinetix N... sociaal  


TIE Kinetix N... tweets  

Marcommit is hét full service B2B marketing bureau van Nederland! Wij helpen jouw bedrijf met offline en online marketing campagnes die écht werken. Herken zakelijke websitebezoekers
 Spotlight  
Logo Reflex Online BV
Logo Blue Dragon
Logo Avinty (GGZ)
Logo MicroFix
Logo Luminis Nederland B.V.
Logo Sortlist
Logo Fullstaq B.V.
Logo umlaut
Logo Sam Media
Logo Alleeninkt.nl
Logo Tesorion
Logo Marco Bouman
Logo Viqtor Davis
Logo Bitcare
Logo PlanMen
Logo Northwave
Logo PQR B.V.
Logo Spryng
Logo Xperit Solutions B.V.
Logo Tankpas-Aanvragen.nl
Logo Alleeninkt.nl
Logo Northwave
Logo Spryng
Logo Boys with Brains
Logo PayIBAN BV
Logo PayIBAN BV
Logo Techone B.V.
Logo Humanwave B.V.
Logo Ictivity
Logo SHARP Electronics Benelux
Logo NDW (Stichting New Dutch Wave)
Logo BCT
Logo ETC Group
Logo Intel
Logo Boomi
Logo Ctac N.V.
Logo Zyxel
Logo PA Consulting
Logo Infoblox
Logo Sitecore
Logo Lightspeed
Logo Techleap.nl
Tarieven
Publicatie eenmalig €49

Publicatiebundels
- 6 publicaties €199
- 12 publicaties €349
- Onbeperkt €499

Direct doen
- Persbericht aanleveren
- Publicatieabonnement
Contact
Persberichten.com
JMInternet
Kuyperstraat 48
7942 BR Meppel
Nederland
info@persberichten.com
KvK 54178096

Volg @ICTberichten
- Twitter

Zoek
- IT bedrijf
- IT PR-bureau
Over ons
Persberichten.com, hét platform voor IT persberichten

In de database
- 90561 persberichten
- 5916 bedrijfsprofielen
- 60 PR-bureauprofielen
- 9860 tags

Publicatiekenmerken
- Rijke tekstopmaak
- Responsieve weergave
- Met foto/illustratie/logo
- Met downloadbare bijlages
- Met bedrijfsprofiel
 
www.LVTPR.comwww.marcommit.nlwww.lubbersdejong.nlHerken zakelijke websitebezoekers