Press Release

asknet publishes business figures for Q1 2013

+++ Good start to year 2013 +++ Sales revenues and gross profits clearly up on prior-year period +++ Positive quarterly result

Karlsruhe, May 15, 2013 – asknet AG has announced its business figures for the first quarter of 2013. The leading supplier of global e-commerce solutions for software and digital media companies reports a good start to the financial year 2013. In the first three months of 2013, the Group generated consolidated sales revenues of 20.40 million euros, up 25.3 percent on the same quarter of the previous year. asknet Group’s gross profits in the reporting period rose by 14.0 percent to 2.67 million euros compared to the first three months of 2012, of which 2.06 million euros were contributed by the eDistribution segment and 0.61 million euros by ePortals. Both eDistribution and ePortals showed a positive performance in the reporting period. eDistribution reported substantial year-on-year growth in terms of both sales revenues and gross profits.

The good business performance in the first three months of 2013 is reflected in a positive quarterly result. Earnings before taxes (EBT) amounted to 0.03 million euros, having improved by 0.07 million euros compared to the first quarter of 2012. After interest and taxes, asknet Group posted a net profit of 0.03 million euros for the first three months of 2013.

As of March 31, 2013, asknet Group’s total assets declined to 10.49 million euros, compared to 13.51 million euros at the end of 2012. Total equity increased moderately in the reporting period, namely from 3.61 million euros to 3.64 million euros, corresponding to an equity ratio of approximately 35 percent. asknet Group’s liquid assets amounted to 5.63 million euros on the reporting date March 31, 2013, compared to 6.58 million euros at the end of 2012. Liabilities of asknet Group decreased by a substantial 4.36 million euros to 4.11 million euros, of which approximately 86 percent were trade payables. asknet Group did not have any financial obligations as of the balance sheet date. Consolidated cash flows from operating activities were negative at -0.84 million euros, reflecting the reduction of liabilities.

“We are delighted about our successful first quarter and the continued support shown by our customers. Therefore we are optimistic that the current financial year 2013 will see another improvement in our full-year operating result,” says Michael Konrad, CEO of asknet AG. In February asknet received the IBM Bestseller Award 2012 in the “Growth” category. This award recognizes outstanding contributions to IBM’s business made by the company’s business partners. The award judges were impressed with asknet’s achievements in the academic enterprise and mid-market areas. The good cooperation with IBM is being continued in the current year. In March asknet also received the “Software Made in Germany” seal of quality from the Federal association of SME IT service providers.

The Q1 2013 financial figures of asknet AG are available on the company website here.

Selected key performance indicators of asknet Group

Q1 2013

Q1 2012

Sales revenues

€ 20.4 million

€ 16.27 million

Gross profits

€ 2.67 million

€ 2.35 million


€ 0.03 million

€ -0.05 million


€ 0.03 million

€ -0.04 million

Net profit/loss for the year

€ 0.03 million

€ -0.05 million

About asknet

asknet, a leading global provider for customized e-commerce solutions allows merchants to sell into more than 190 countries around the globe. asknet's e-commerce gateway exceeds market standards for software and digital media distribution. The company develops and maintains portals for software distribution and supplies 80% of all German universities with software products. asknet acts as a large account reseller for Adobe and Microsoft in the Academic Market and won the IBM Bestseller Award 2012. asknet offers students a wide range of software downloads for personal use through its leading Internet platform “”. asknet’s customers include numerous providers of specialty software including ABBYY, CyberLink, F-Secure, Nero, NetObjects, Norman, Panda Security and Steinberg Media Technologies. asknet was founded in 1995 as a spin-off of the Karlsruhe Institute of Technology (KIT, formerly the University of Karlsruhe). In 2012 the company’s transaction revenues amounted to more than 90 million euros. For more information, visit