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    SJJ   DE000A2G8X31

SERVICEWARE SE

(SJJ)
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Serviceware Continues to Expand Internationally and Wins Insurance Group as Customer

05/03/2021 | 01:00am EDT

Serviceware SE continues to be successful in winning new international customers. A large European insurance company has selected to use the Serviceware Financial module from the unique ESM platform of Serviceware in its group. The group with several millions of customers and sales revenues in the multi-billion euro range replaces its existing proprietary solution. With Serviceware Financial the international customer can adopt a standard cost model and approach to managing and charging its service costs using a market leading solution, whilst retaining the flexibility it needs to adapt to its specific requirements. Serviceware Financial provides the customer with a platform for the future, to expand as their needs evolve. The SaaS contract reflects annual sales revenues for Serviceware in the six-digit euro range. It is a continuation of a series of new international group customers which Serviceware has been able to recruit during the past months from a variety of industries including transport and logistics, food, healthcare and financial services, amongst others.


© S&P Capital IQ 2021
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Financials
Sales 2021 80,0 M 93,2 M 93,2 M
Net income 2021 0,70 M 0,82 M 0,82 M
Net cash 2021 34,0 M 39,6 M 39,6 M
P/E ratio 2021 229x
Yield 2021 -
Capitalization 168 M 195 M 196 M
EV / Sales 2021 1,68x
EV / Sales 2022 1,39x
Nbr of Employees 503
Free-Float 37,2%
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Mean consensus BUY
Number of Analysts 1
Last Close Price 16,00 €
Average target price 33,00 €
Spread / Average Target 106%
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Managers and Directors
Dirk Karsten Martin Chief Executive Officer & Managing Director
Harald Popp Deputy Chairman & Chief Financial Officer
Jean Christoph Debus Chairman
Alexander Christoph Becker Chief Operating Officer & Managing Director
Ingo Bollhöfer Member-Administrative Board
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