April 21, 2016 | Schöneck, Germany
1 min read

GK Software AG achieves a 40 percent jump in turnover during the 2015 business year according to preliminary figures

The Management Board at GK Software AG would like to make known that the corporate group's turnover grew by 40.3 percent to EUR 62.60 million (EUR 44.63 million in 2014) during the 2015 business year, according to preliminary figures.

  • Strong license business drives the growth in turnover
  • EBITDA exceeds previous year's figure by EUR 2.1 million

Two thirds of this increase, for which the licensing business was largely responsible during the reporting period, was achieved through organic growth. The EBITDA was EUR 2.18 million, following a figure of EUR 0.04 million in the previous year. The Group recorded an EBIT of EUR (1.28) million, largely due to the scheduled amortisation in connection with its US acquisition (previous year: EUR (3.02) million).

GK Software AG will probably publish its final figures in the form of its financial statement on 29 April 2016.

Press contact Dr. René Schiller Global Head of Marketing | VP
Press contact Americas Ketner Group Communications