Q3 Revenue 2013/2014: Up 4% to ?16.5 M
Paris, January 27, 2014 - Generix Group, collaborative software vendor for Retail ecosystem, issued today its revenues for the third quarter, ended December 31, 2013, of its financial year 2013/2014.
REVENUE UP BY 4% IN Q3
Quarter ended December 31 | Change | 9 months ended December 31 | Change | |||
Unaudited | 2013 | 2012 | 2013 | 2012 | ||
Licenses | 2 188 | 2 021 | 8% | 4 897 | 5 003 | -2% |
Maintenance | 5 844 | 5 904 | -1% | 17 366 | 17 640 | -2% |
SaaS | 3 182 | 2 838 | 12% | 9 180 | 8 380 | 10% |
Software revenues | 11 214 | 10 763 | 4% | 31 443 | 31 023 | 1% |
Consulting Services | 5 260 | 5 097 | 3% | 14 924 | 15 023 | -1% |
Revenues | 16 474 | 15 860 | 4% | 46 367 | 46 046 | 1% |
The past quarter saw the Group record a 4% revenue increase compared with the same quarter of the previous financial year.
This positive trend is mainly based on improved revenue growth from SaaS activities (up 12% in Q3 compared with an 8% rise for the first half) underscored by the initial effects of an acceleration in signing new SaaS contracts since the beginning of the financial year. This acceleration in contract signings was maintained through the third quarter with a 103% increase compared with the same quarter of the previous financial year.
Sales of licenses also showed growth (+8%) driven primarily by the GCS (Generix Collaborative Supply Chain) products sold to the installed base as new customers prefer the SaaS model.
Lastly, the Consulting & Services business returned to 3% growth linked to the many implementations generated by the dynamic rate of new SaaS signings observed since the beginning of the financial year.
CONTINUED IMPROVEMENT IN GROUP PROFITABILITY
The increase in revenue observed during the past quarter confirms the Group's improved results and cashflow position already seen in our half yearly results.
Information related to goodwill depreciation risk
In accordance with the AMF No. 2011-18 recommendation, we call attention on our goodwill depreciation risk as described in our reference document from March 31st, 2013 (refer to section 4.2.2 "Goodwill depreciation risk"), as well as in our half-year financial report from September 30th, 2013 (refer to note 1 section 2.1.6 "Additional notes").
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Next press release : April 28, 2014, after the close of the stock market
Revenues of financial year 2013/2014
Contacts
Ludovic Luzza Chief Financial Officer Tel: +33 (0)1 77 45 42 80 lluzza@generixgroup.com: mailto:lluzza@generixgroup.com www.generixgroup.com: http://www.generixgroup.com/ | Mike Hadjadj Marketing & Communication Director Tel: +33 (0)1 77 45 43 41 mhadjadj@generixgroup.com: mailto:mhadjadj@generixgroup.com www.generixgroup.com: http://www.generixgroup.com/ | Stéphanie Stahr CM-CIC Emetteur Tel: +33 (0)1 45 96 77 83 stahrst@cmcics.com: mailto:stahrst@cmcics.com www.cmcics.com: http://www.cmcics.com/ |
About Generix Group
Generix Group provides the rapidly evolving Retail Ecosystem with leading Collaborative Software Solutions to operate profitably, adjust effectively, and grow sustainably. Generix Group helps retailers, third party logistics providers and manufacturers, in managing, sharing and optimizing their data flows. The Generix Collaborative Business portfolio relies on strong business expertise encompassing ERP, Supply Chain and Cross-Channel management, and uniquely leverages A2A/B2B Gateway and Portal solutions.
Carrefour, Cdiscount, DHL, Gefco, Kuehne + Nagel, Leclerc, Leroy Merlin, Louis Vuitton, Metro, Nestlé, Sara Lee, Sodiaal, Unilever... more than 1,500 international companies trust "Generix Collaborative Business" solutions to profitably run their business, establishing Generix Group as a European leader with over ?63M in revenue.
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Generix Group via Globenewswire