Detail akcie QSC AG, Ordinary, MiFID Eligible Security, Frankfurt Stock Exchange online

Business Summary: q.beyond AG is a Germany-based company engaged in the providing digital solutions. The Company offers cloud management, Systems Applications and Products (SAP), Internet of things (IoT), and other information technology (IT) services. The Company operates in two segments: Cloud & IoT and SAP. The Cloud & IoT segment include IT outsourcing, private enterprise cloud, multi cloud, digital workplace and German data centers, as well as consulting, software development, hardware provision, customer-specific IoT platforms and security and connectivity. The SAP segment focuses on the operation and management of SAP application. Its customers include small- to mid-size enterprises (SME).
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, QBeyond AG revenues increased 9% to EUR189.3M. Net loss decreased 48% to EUR17.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Impairment losses decrease of 86% to EUR2.9M (expense), Other Operating Income increase of 80% to EUR9.4M (income), Depreciation in Administration decrease of 35% to EUR2.5M (expense).