www.LVTPR.comwww.marcommit.nlwww.lubbersdejong.nlHerken zakelijke websitebezoekers
2501 volgen @ICTberichten
Deel dit nu
Datum: (190 dagen geleden)

TIE KINETIX: Q3 Trading Update

Press release interim consolidated financial statements TIE KINETIX N.V.

Financial information in this interim report is unaudited

Breukelen, the Netherlands, July 15th, 2020 - 08.00 AM CEST

Today TIE Kinetix NV releases its third quarter interim results. The company does not regularly provide quarterly interim results, but provided this trading update to inform its investors and the market about its current trading performance – especially in view of the unusual market conditions surrounding the effects of the COVID-19 measures taken in the countries of operations.

Third Quarter results (period April 1 - June 30, 2020).
  • SaaS and hosting revenues amounts to € 2.779k (HY1 2020: € 5.206k)
  • Total revenue amounts to € 4.634k (HY1 2020: € 8.686k)
  • EBITDA amounts to € 895k (HY1 2020: € 1.167k)
  • Recurring revenue € 3.418k (HY 1 2020: € 6.672k)
TIE Kinetix closed its third quarter (period April 1 – June 30) with strong performance. The company has seen continued demand for its services and order intake developed in line with expectations. Simultaniously, the effects of the strategic focus on EDI-Integration, e-invoicing, 100% digitization and Business-to-Government are becoming visible in increased revenue and decreased delivery costs. The company has tightened its focus on the profitable delivery of digitalized producs in the B2B and B2G sector. It’s base of SaaS subscriptions is growing in all its markets.

The company reports a YTD Q3 revenue of € 13,3 million, with YTD Q3 EBITDA of € 2,0 mln (15%). The YTD Q3 recurring revenue amounts to € 10 mln.

In Q3 some customers of the company suffered from the COVID-19 measures. As the case may be such customers have been granted extended payment terms or other mechanisms to help them through this difficult period. TIE Kinetix expects that more such customer situations may occur in the next periods, with the diminishing effect of governmental support programs and potentially negative effects of decreasing GDP on our customer’s income. At the same time TIE Kinetix ackowledges that most of its customer base is in sectors that are robust in economically challenging times – such as retail, food, healthcare.

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
TIE Kinetix transforms the digital supply chain by providing Total Integrated E-commerce solutions. These solutions maximize revenue opportunities by minimizing the energy required to market, sell, deliver and optimize online. Customers and partners of TIE Kinetix constantly benefit from innovative, field tested, state-of-the-art technologies, which are backed by over 33 years of experience and prestigious awards. TIE Kinetix makes technology to perform, such that customers and partners can focus on their core business.

TIE Kinetix has offices in the United States, the Netherlands, France, Germany, United Kingdom and Australia.

For more information:
TIE Kinetix N.V.
De Corridor 5d
3621 ZA Breukelen
T: +31-88-369-8000
E: info@TIEKinetix.com
W: www.TIEKinetix.com

Follow TIE Kinetix on Twitter: https://twitter.com/TIEKinetix
Follow TIE Kinetix on LinkedIn: https://www.linkedin.com/company/tie-kinetix
Follow TIE Kinetix on Facebook: https://www.facebook.com/TIEKinetix
Laatste van TIE Kinetix N.V.  
TIE Kinetix en To-Increase kondigen uitbreiding van samenwerking aan met het leveren van volledig geïntegreerde EDI-oplossing voor Microsoft Dynamics 365

TIE Kinetix: Publication of Annual Report 2020

TIE Kinetix presenteert de “Fall Release” van het FLOW platform
Verstreken tijd: 190 dagen
TIE Kinetix N... contact  

Logo TIE Kinetix N.V.

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
Logo QuandaGo
Logo Avaap
Logo Fastbyte
Logo Leadgate Europe
Logo Xdroid
Logo Qualogy
Logo NewChannel
Logo QuandaGo
Logo Salure
Logo ICT-Partners
Logo DNA Services B.V.
Logo Open.nl Software Group
Logo Codelogic
Logo Techone B.V.
Logo Unexus B.V.
Logo Xperit Solutions B.V.
Logo Spryng
Logo Xperit Solutions B.V.
Logo MCS B.V.
Logo DNA Services B.V.
Logo Techone B.V.
Logo Orange Cyberdefense
Logo Orange Cyberdefense
Logo Orange Cyberdefense
Logo Broad Horizon
Logo Humanwave B.V.
Logo NTT Ltd.
Logo Citrix
Logo Barracuda Networks
Logo Clarity Benelux
Logo Ictivity
Logo GTT Communications
Logo Sitecore
Logo Schneider Electric
Logo Ctac N.V.
Logo Diamanti
Logo Dean One
Logo Hogeschool Tio
Logo Shippeo
Logo NTT Ltd.
Publicatie eenmalig €49

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

Direct doen
- Persbericht aanleveren
- Publicatieabonnement
Kuyperstraat 48
7942 BR Meppel
KvK 54178096

Volg @ICTberichten
- Twitter

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

In de database
- 90155 persberichten
- 5878 bedrijfsprofielen
- 61 PR-bureauprofielen
- 9491 tags

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