Titan N.V.
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Publicatie datum
19 nov 2014 - 07:45
Statutaire naam
Titan N.V.
Titel
TIE KINETIX announces strong Q4 performance and profitable full year 2014
Bericht
Fourth quarter (period July 1 – September 30, 2014).
• Launch of Google Search Appliance activity in the Netherlands
• Q4 total revenue increased by 70% to € 5.667k (Q4 2013: € 3.324k)
• Q4 SaaS and hosting revenues grew with 91% to € 2.346k (Q4 2013: € 1.230k)
• Q4 EBITDA amounts to € 459k (Q4 2013: € - 65k), including € 77k one-time expenses
• Q4 EBIT amounts to € 219k (Q4 2013: € - 890k), including € 77k one-time expenses
• Subsequent event: update on partial repayment of EU development grants. No provision for partial repayments in FY 2014.
TIE Kinetix (hereinafter “TIE”), the leading provider of cloud-managed Business Integration, E-Commerce, Demand Generation, and Business Analytics services today released the results for the fourth quarter and full fiscal year 2014 (Oct 1, 2013 – Sept 30, 2014) as follows:
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