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Asknet AG (A5AGn.F)

A5AGn.F on Frankfurt Stock Exchange

1.16EUR
18 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Asknet AGM decides to reduce capital
Thursday, 6 Jul 2017 10:17am EDT 

July 6 (Reuters) - ASKNET AG ::ASKNET AGM DECIDES TO REDUCE CAPITAL.‍ORDINARY CAPITAL REDUCTION WILL MAKE IT POSSIBLE TO OFFSET NET LOSS POSTED IN BALANCE SHEET AS AT DECEMBER 31, 2016 AND TO RESTRUCTURE COMPANY'S EQUITY CAPITAL​.NOMINAL CAPITAL REDUCTION WILL BE MADE IN A 10:1 REVERSE STOCK SPLIT.  Full Article

Asknet FY gross profit at 8.92 million euros, down approx. 14 pct
Friday, 28 Apr 2017 04:00am EDT 

April 28 (Reuters) - Asknet AG :FY gross profit at 8.92 million euros ($9.71 million) at group level, down approx. 14 percent on previous year's 10.39 million euros.With FY sales revenues down by roughly 6 percent to 68.72 million euros (previous year: 73.32 million euros).FY transaction revenues fell by approx. 11 percent to 73.96 million euros (previous year: 83.20 million euros).FY adjusted consolidated earnings after taxes (EAT) came to -1.10 million euros.Expects group's gross profits to pick up in fiscal year 2017.In medium term, however, earnings before taxes are expected to reach approx. 10 percent of gross profits on a sustained basis.  Full Article

Asknet AG: Digital River holds 19.63 pct of shares
Tuesday, 21 Mar 2017 03:05am EDT 

asknet AG : Said on Monday has been informed that Digital River Holding GmbH holds 19.63 pct of the share capital (corresponding to 1,000,000 shares) of asknet .Currently Board of Directors and Supervisory Board of asknet AG have no information on the future intentions of Digital River.  Full Article

Asknet 9-month gross profits down at 6.41 million euros
Friday, 25 Nov 2016 04:00am EST 

Asknet AG : 9-month gross profits of 6.41 million euros ($6.80 million) (previous year: 7.84 million euros) . 9-month earnings before taxes (EBT) of -1.73 million euros (previous year: 0.30 million euros), adjusted EBT of -1.01 million euros . Organizational reform: operational structures to be reorganized from scratch . 9-month group's sales revenues dropped by 10.7 percent to 49.22 million euros (previous year: 55.13 million euros) . 9-month consolidated earnings after taxes (EAT) were negative at -2.50 million euros (adjusted EAT: -1.01 million euros) . Financial year 2016 was a financially very disappointing year for us and does not reflect our efforts to professionalize and improve our company .Optimistic in view of customers and projects won so far and their effect on future performance.  Full Article

Asknet H1 sales revenues down 4.9 pct at 35.16 mln euros
Monday, 22 Aug 2016 04:00am EDT 

Asknet AG : Full-year gross profits expected to increase slightly due to positive customer trend . H1 sales revenues declined by 4.9 percent to 35.16 million euros ($39.66 million) (previous year: 36.98 million euros) . H1 earnings before taxes (EBT) of -1.18 million euros (previous year: -0.29 million euros) influenced by extraordinary effects; adjusted ebt at -0.46 million euros .H1 gross profits of 4.50 million euros (previous year: 4.76 million euros).  Full Article

Asknet to collaborate with Concardis
Tuesday, 19 Jul 2016 04:30am EDT 

Asknet AG :To collaborate with Concardis.  Full Article

Asknet sets aside 1.6 mln euros provision for potential retrospective tax payments in Norway
Monday, 18 Jul 2016 10:41am EDT 

Asknet Ag : Half-Year report shows 1.6 million euros ($1.77 million) provision set aside for potential retrospective tax payments in Norway . Setting aside of this amount has resulted in a loss amounting to half the company's share capital effective June 30, 2016 . Company is not facing a going concern or liquidity risk .Appointment of Tobias Kaulfuss to executive board has been extended until Dec. 31, 2018.  Full Article

Asknet: FY 2016 group result affected by extraordinary tax effect
Friday, 24 Jun 2016 04:01am EDT 

Asknet AG : FY 2016 group result affected by extraordinary tax effect . Value added tax possibly not correctly paid in Norway . Potential retrospective tax payment may result in negative result for year of up to -2.5 million euros ($2.79 million) .Expects this extraordinary effect to result in negative EBT of between -1.7 million euros and no more than -2.5 million euros in 2016.  Full Article

Asknet Q1 loss before taxes at 0.49 mln euros
Wednesday, 25 May 2016 04:00am EDT 

Asknet AG : Q1 earnings before taxes (EBT) still negative at -0.49 million euros (previous year: -0.17 million euros ) . Forecast for 2016 confirmed . Q1 gross profits slightly below previous year (2.32 million euros) at 2.22 million euros .Q1 sales revenues declined by 6 percent to 15.77 million euros (previous year: 16.74 million euros).  Full Article

Asknet AG gives FY 2016 outlook
Friday, 29 Apr 2016 04:00am EDT 

Asknet AG:FY 2016 group forecast: margin, earnings and EBT to improve moderately.EBT to reach 10 percent of gross profit in medium term.  Full Article

BRIEF-Asknet AGM decides to reduce capital

* ‍ORDINARY CAPITAL REDUCTION WILL MAKE IT POSSIBLE TO OFFSET NET LOSS POSTED IN BALANCE SHEET AS AT DECEMBER 31, 2016 AND TO RESTRUCTURE COMPANY'S EQUITY CAPITAL​