Titan N.V.
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Publicatie datum
23 mei 2012 - 08:50
Statutaire naam
Titan N.V.
Titel
TIE: 1st half year results FY2012
Bericht
• TIE announces that Total Income for the first half year was €5.8mln, whereas Total Income amounted to € 5.4mln for the same period in FY 2011.
• Total Comprehensive Income was € 99k for the first half year of FY2012, an increase of 154% compared to the same period of FY2011 (€ 39k).
• License revenue was € 437k for the first half year of FY2012, an decrease of 25% compared to the same period in FY2011.
• Saas revenue was € 2.2mln for the first half year of FY2012, an increase of 8% compared to the same period in FY2011.
• Total Operating Expenses were € 5.2mln for the first half year of FY2012, compared to €4.7mln for the same period in FY2011, an increase of 11%.
Jan Sundelin, CEO comments: “Looking at the E-commerce and Content Syndication solutions, TIE realized an income of €1,408k for the first half year of FY2012, compared to €1,042k for the same period in FY2011 an increase of 35%, which is in line with TIE’s strategy. TIE anticipates that the growth rate, compared to the second half of FY2011, for these two solutions for the next six months in FY2012 will be at least the same.”
Datum laatste update: 01 september 2024