Q3 Revenue 2013/2014: Up 4% to ?16.5 M

Paris, January 27, 2014 - Generix Group, collaborative software vendor for Retail ecosystem, issued today its revenues for the third quarter, ended December 31, 2013, of its financial year 2013/2014.

REVENUE UP BY 4% IN Q3


 Quarter ended December 31Change9 months ended December 31Change
Unaudited20132012 20132012 
Licenses2 1882 0218%4 8975 003-2%
Maintenance5 8445 904-1%17 36617 640-2%
SaaS3 1822 83812%9 1808 38010%
Software revenues11 21410 7634%31 44331 0231%
Consulting Services5 2605 0973%14 92415 023-1%
Revenues16 47415 8604%46 36746 0461%

The past quarter saw the Group record a 4% revenue increase compared with the same quarter of the previous financial year.

This positive trend is mainly based on improved revenue growth from SaaS activities (up 12% in Q3 compared with an 8% rise for the first half) underscored by the initial effects of an acceleration in signing new SaaS contracts since the beginning of the financial year. This acceleration in contract signings was maintained through the third quarter with a 103% increase compared with the same quarter of the previous financial year.

Sales of licenses also showed growth (+8%) driven primarily by the GCS (Generix Collaborative Supply Chain) products sold to the installed base as new customers prefer the SaaS model.

Lastly, the Consulting & Services business returned to 3% growth linked to the many implementations generated by the dynamic rate of new SaaS signings observed since the beginning of the financial year.

CONTINUED IMPROVEMENT IN GROUP PROFITABILITY

The increase in revenue observed during the past quarter confirms the Group's improved results and cashflow position already seen in our half yearly results.

Information related to goodwill depreciation risk
In accordance with the AMF No. 2011-18 recommendation, we call attention on our goodwill depreciation risk as described in our reference document from March 31st, 2013 (refer to section 4.2.2 "Goodwill depreciation risk"), as well as in our half-year financial report from September 30th, 2013 (refer to note 1 section 2.1.6 "Additional notes").

 

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Next press release : April 28, 2014, after the close of the stock market
Revenues of financial year 2013/2014

Contacts

Ludovic Luzza
Chief Financial Officer
Tel: +33 (0)1 77 45 42 80
lluzza@generixgroup.com:
mailto:lluzza@generixgroup.com  
www.generixgroup.com:
http://www.generixgroup.com/
Mike Hadjadj
Marketing & Communication Director
Tel: +33 (0)1 77 45 43 41
mhadjadj@generixgroup.com:
mailto:mhadjadj@generixgroup.com
www.generixgroup.com:
http://www.generixgroup.com/
Stéphanie Stahr
CM-CIC Emetteur
Tel: +33 (0)1 45 96 77 83
stahrst@cmcics.com:
mailto:stahrst@cmcics.com
www.cmcics.com:
http://www.cmcics.com/

About Generix Group
Generix Group provides the rapidly evolving Retail Ecosystem with leading Collaborative Software Solutions to operate profitably, adjust effectively, and grow sustainably. Generix Group helps retailers, third party logistics providers and manufacturers, in managing, sharing and optimizing their data flows. The Generix Collaborative Business portfolio relies on strong business expertise encompassing ERP, Supply Chain and Cross-Channel management, and uniquely leverages A2A/B2B Gateway and Portal solutions.
Carrefour, Cdiscount, DHL, Gefco, Kuehne + Nagel, Leclerc, Leroy Merlin, Louis Vuitton, Metro, Nestlé, Sara Lee, Sodiaal, Unilever... more than 1,500 international companies trust "Generix Collaborative Business" solutions to profitably run their business, establishing Generix Group as a European leader with over ?63M in revenue.
www.generixgroup.com:
http://www.generixgroup.com/

Q3 Revenue 2013/2014: Up 4% to ?16.5 M:
http://hugin.info/143425/R/1757084/593571.pdf



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Source: Generix Group via Globenewswire

HUG#1757084