EQS News: Annual financial statements 2023/2024: tick Trading Software AG confirms preliminary figures | 12/12/24

• Net profit of EUR 1,256 thousand was well above forecast
• Dividend proposal of €0.50 per share
• Annual general meeting planned for April 2025

Düsseldorf December 12, 2024 – tick Trading Software AG (WKN: A35JS9 / ISIN: DE000A35JS99) confirms the preliminary figures for the 2023/2024 financial year published on November 15, 2024. The Supervisory Board approved the audited annual financial statements today. Accordingly, the company closed the financial year ending on September 30, 2024 with a net profit of EUR 1,256 thousand. This corresponds to a significant increase of 42% compared to the previous year’s value of EUR 886 thousand. This means that the result is well above the forecast (0.7 to 1.0 million euros).

“Thanks to the significant increase in trading activities, our company developed better than originally planned,” explains Carsten Schölzki, CEO of tick Trading Software AG (tick-TS). While revenue from the license and operating business remained almost constant, the higher revenue from load-dependent remuneration (+28%) not only compensated for the approximately 1/3 lower project revenue, but also led to the higher annual result. Overall, sales revenue amounted to EUR 8,374 thousand; This corresponds to an increase of 4.7% compared to the same period last year (EUR 8,001 thousand).

Earnings before taxes (EBT) increased by EUR 550 thousand to EUR 1,776 thousand (same period last year: EUR 1,304 thousand). After deducting corporation tax, trade tax, solidarity surcharge and other taxes, there was an annual surplus of EUR 1,256 thousand for the 2023/2024 financial year (previous year period: EUR 886 thousand). The annual net profit was therefore well above the forecast of EUR 0.7 to 1.0 million, which is primarily due to the unusually strong trading activity at the end of the financial year.

Equity as of the balance sheet date amounts to EUR 3,491 thousand (previous year: EUR 3,140 thousand). The equity ratio increased to 78.8% (previous year: 78.1%). The inventory of cash and cash equivalents increased by EUR 506 thousand. The cash flow from operating activities amounted to EUR 1,397 thousand after EUR -820 thousand in the same period of the previous year. The increase is mainly due to the annual result in connection with the increase in assets and the reduction in provisions. The cash flows from investing activities (EUR 15 thousand) and financing activities (EUR -906 thousand) result from income and expenses for fixed assets and interest income as well as from the dividend paid out in 2024. Overall, the tick-TS board summarizes: “The liquidity and financial situation of tick-TS continues to be very good.”

Appropriation of profits and general meeting In order to sustainably strengthen the equity base, the management board, in accordance with the statutes, allocated an amount of EUR 250 thousand (19.9% ​​of the annual result) to the other retained earnings when preparing the annual financial statements. The Supervisory Board approved this at its meeting today.

Overall, this results in a retained profit of EUR 1,027 thousand (previous year: EUR 926 thousand). The Executive Board and Supervisory Board will propose a dividend of EUR 0.50 per share to the Annual General Meeting for resolution. “We are pleased to be able to increase our dividend again by over 10%. The distribution guarantees our shareholders an above-average dividend yield this year too,” says Carsten Schölzki.

The board is confident for the coming financial year: “Based on this year’s experience, we assume that sales from trading activities in 2025 will be at the level of the second half of 2023/2024. According to our planning, cuts in license revenues are to be expected and expected costs from the DORA regulation will prevent a better result.” Assuming a stable regulatory and political environment and continued average trading activity on the stock exchanges, the Board of Directors plans to: to generate an annual surplus of between 0.8 and 1.2 million euros in 2024/2025.

The 2025 Annual General Meeting of tick-TS AG is scheduled to take place at the beginning of April 2025. The full annual report for the 2023/2024 financial year will be published on the tick-TS AG website at the end of February 2025.

About tick Trading Software AG

With the TradeBase Multi Exchange Platform (TBMX), tick-TS AG has been successfully providing its professional customers with one of the world’s most advanced and reliable trading platforms for more than 20 years. The product portfolio includes direct connections to national and international marketplaces and brokers, market making tools for designated sponsoring, its own hosting and housing infrastructure as well as the e-Trading Compliance Monitor (ECM) to comply with ESMA regulations.

tick-TS AG has been listed on the primary market (over-the-counter) of the Düsseldorf Stock Exchange since 2017 (ISIN: DE000A35JS99, symbol: TBX0) and is available at many other trading venues. A special feature is the payment of the entire distributable net profit as a dividend to investors as provided for in the company’s articles of association.