Ad-hoc
tick Trading Software AG
Half-year results for the 2020/2021 financial year:
Result before taxes: TEUR 2,411 (+ 110.02% compared to previous year)
Result after taxes: TEUR 1,653 (+111.11% compared to previous year)
Düsseldorf, 25.05.2021
tick Trading Software AG (tick-TS AG) has closed the first half of the 2020/2021 financial year (01.10.2020 - 31.03.2021) with a net profit of EUR 1,653 thousand according to the half-yearly financial statements prepared today. This corresponds to an increase of 111.11% compared to the first half of the previous year with TEUR 783. Earnings before taxes amount to TEUR 2,411 with an increase of 110.02% (first half of the previous year TEUR 1,148). Revenues amounted to EUR 4,347k in the first half of the year, an increase of 28.80% compared to EUR 3,375k in the same period of the previous year.
tick-TS AG's total administrative expenses, including depreciation and amortization, rose by 10.09% to EUR 2,542 thousand (prior-year period: EUR 2,309 thousand). The Company's financial performance indicator, earnings before interest and taxes (EBIT), was EUR 2,411 thousand, an increase of 109.72% compared to EUR 1,150 thousand in the first half of the previous year.
The increase in sales and the resulting net profit for the year are largely attributable, as already explained in the 2019/2020 Annual Report, to the pandemic-related high volatility on the stock exchanges and the associated increase in load-dependent revenues, as well as to non-recurring income in the amount of €550,000 (see ad hoc announcement dated January 29, 2021).
Taking into account the half-year results and assuming a stable regulatory environment as well as the continuation of the increased trading activity on the stock exchanges, the Executive Board confirms the forecast of net income for the 2020/2021 financial year of €2,100 thousand - €2,500 thousand (compare ad hoc announcement dated January 29, 2021). This forecast may increase by an amount of EUR 4,489 thousand less taxes and other customary costs if the sale of the shares by the shareholder of the start-up is executed (see ad hoc release dated May 23, 2021) and this amount is received in the forecast period. No further proceeds can subsequently be generated from the agreement with the shareholder of the start-up.
Detailed information on the half-year financial statements will be published in June with the half-year financial report for fiscal 2020/2021 at
www.tick-ts.de/de/zahlen-und-fakten.html.
More information about the company is available at the following website:
www.tick-TS.de
Contact: Mr. Gerd Goetz (CEO)
tick Trading Software AG / Berliner Allee 59 / 40212 Düsseldorf
WKN: A0LA30 / ISIN: DE000A0LA304
Email: info@tick-ts.de / Tel.: 0211/781767-0
