Tick Trading Software AG: Adoption of the annual financial statements 2020/2021 and guidance for the financial year 2021/2022
December 14, 2021 at 10:21 am EST
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DGAP-Ad-hoc: tick Trading Software AG / Key word(s): Forecast/Annual Results
tick Trading Software AG: Adoption of the annual financial statements 2020/2021 and guidance for the financial year 2021/2022
14-Dec-2021 / 16:18 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Düsseldorf, 14.12.2021 - At its meeting today, the Supervisory Board of tick Trading Software AG (tick-TS AG) adopted the annual financial statements for 2020/2021, which were audited by dhpg Dr. Harzem & Partner mbB Wirtschaftsprüfungs-gesellschaft, with a net profit of EUR 5,450 thousand. Compared to the preliminary figures (published in the ad-hoc announcement of 04.11.2021), the annual financial statement increased slightly by 97 TEUR. The amount proposed for distribution to shareholders also increased slightly to EUR 4.35 per share.
For the current financial year 2021/2022 (01.10.2021 - 30.09.2022) tick-TS AG expects a further improvement in the operating business. Following today's approval of the investment plan by the company's Supervisory Board and assuming a stable regulatory environment and the continuation of increased trading activity on the stock exchanges, the Executive Board is optimistic that it will be able to achieve a net profit of EUR 2,100 to 2,500 thousand in the 2021/2022 financial year.
Further information is available at the following website: www.tick-TS.de
14-Dec-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Tick Trading Software AG is a Germany-based company engaged in the software development. The Company develops a front office solutions for trading in exchanges and tools for risk monitoring, stock market access and trading. Its product portfolio includes TradeBase MX platform, which enables to connect to the main exchanges around the world; e-Trading Compliance Monitor, which enables to check the order flow of clients, and tick-TS Cloud, which enables to keep the infrastructure cost at a minimum. The Companyâs customer are banks and financial services providers.