Detail akcie NorCom Info Tech online

Business Summary: NorCom Information Technology GmbH & Co. KGaA, formerly NorCom Information Technology AG (NorCom), is a Germany-based company that is active in the area of big data, big infrastructure, artificial intelligence (AI) and information management. The Company's main product is DaSense, which is an AI-supported data management platform that combines data management with data analysis to form ready to use integrated standard AI modules. Its solutions include Data Science with NorCom, Software development with NorCom and Infrastructure with NorCom, through which it provides deep learning for autonomous driving, machine learning on documents, root cause analysis, robots,access protection, data security and information technology (IT) infrastructure design, semantic searches and automated contract management.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2022, NorCom Informatin Tchnlgy GmbH & Co KgaA revenues decreased 8% to EUR8.8M. Net loss increased 65% to EUR1.4M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Amortization increase from EUR81K to EUR175K (expense), Other Interest and Similar Income decrease from EUR5K (income) to EUR0K.