Keyware released its FY16 results, with revenues coming in at €18,721k, corresponding to an 11.4% increase yoy. Terminals came in at €11,115k, down 3.9% yoy, while Authorisations came in at €7,606k, up 45.2%. The gross margin reached 58.2%, down 240bp yoy on a comparable basis, leading to an EBIT margin of 17%, down 230bp yoy (divisional figures are yet to be disclosed). Net profit came in at €3,101k. The company announced the start of its operations in Germany. In additio
17 Mar 2017
Top-line above expectations, litigation as the major cloud
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Top-line above expectations, litigation as the major cloud
Keyware Technologies NV (0J0H:LON) | 0 0 -1.3% | Mkt Cap: 34.2m
- Published:
17 Mar 2017 -
Author:
Charles Bordes -
Pages:
3
Keyware released its FY16 results, with revenues coming in at €18,721k, corresponding to an 11.4% increase yoy. Terminals came in at €11,115k, down 3.9% yoy, while Authorisations came in at €7,606k, up 45.2%. The gross margin reached 58.2%, down 240bp yoy on a comparable basis, leading to an EBIT margin of 17%, down 230bp yoy (divisional figures are yet to be disclosed). Net profit came in at €3,101k. The company announced the start of its operations in Germany. In additio