on Tick Trading Software AG (isin : DE000A0LA304)
Tick Trading Software AG Confirms Annual Financial Results
Tick Trading Software AG has announced its confirmed financial results for the year 2023/2024, achieving a net profit of EUR 1,256 thousand, surpassing its forecast. This marks a 42% increase compared to the previous year's EUR 886 thousand. The company attributed this success to a significant rise in trading activities, while revenues from load-based remuneration increased by 28%, countering a decrease in project revenues.
The company's equity rose to EUR 3,491 thousand, with a stronger cash flow from operating activities at EUR 1,397 thousand. A dividend of € 0.50 per share is proposed, reflecting a 10% increase. The Annual General Meeting is set for April 2025.
Going forward, tick-TS AG remains optimistic but cautious, anticipating a net income of EUR 0.8 to 1.2 million for 2024/2025, considering potential regulatory and licensing challenges.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Tick Trading Software AG news