Titan N.V.
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Publicatie datum
20 mei 2015 - 08:00
Statutaire naam
Titan N.V.
Titel
Press release First half year results (period Oct, 1, 2014 – March 31, 2015) TIE Kinetix: solid growth in SaaS revenue
Bericht
First half year results (period Oct, 1, 2014 – March 31, 2015).
• Launch of Google GSA sales in the Netherlands and UK
• Growth of Demand Generation sales in US and Europe
• SaaS and hosting revenues grow 34,5% to € 4.485k (H1 2014: € 3.334k)
• Implementation of SaaS contracts erodes chargeable consultancy
• Total revenue (excl. EU projects) increase by 6,8% to € 9.495k (H1 2014: € 8.888k)
• EBITDA, excl. EU projects and one-time costs amounts to € 540k (H1 2014: € 1.103k)
• EBITDA impacted by EU projects (- €187k) and one-time costs (€ 1.893k)
• Net profit, excl. EU projects and one-time costs amounts to € 28k (H1 2014: € 731k)
• Three year contract value (excl. EU projects) increases with 8,3% to € 31.848k (H1 2014: € 29.402k)
TIE Kinetix, the leading provider of cloud-managed Integration, Analytics, Demand Generation and E-Commerce services today released interim results for the first half year of its fiscal 2015, covering the period October 1, 2014 – March 31, 2015. In the first half year of 2014 the German company Tomorrow Focus Technologies GmbH (“TFT”, hereinafter called ‘TIE Kinetix Germany’) was acquired on December 2nd, 2013. The results for the first half year of 2014 include the results of TIE Kinetix Germany as from that date, consolidated for only four months in the first half year of 2014. Acquisition costs amounted to € 345k and have been reported under one-time expense in the first half year 2014 Profit & Loss statement.
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Datum laatste update: 21 december 2025