All Ad-hoc releases
Ad hoc announcement pursuant to Art. 53 LR - CREALOGIX has pursued its strategy to improve the operating profitability by a further reduction of its cost base thanks to efficiency gains from the product portfolio consolidation. Total sales for the financial year 2022/23 amounted to CHF 81.4 million. EBITDA improved by CHF 18.2 million year over year and amounts to CHF 8.9 million.
CREALOGIX achieved a positive operating result in the first half of 2022/2023, further measures to strengthen profitability in implementation
Ad hoc announcement pursuant to Art. 53 LR - In a challenging environment, CREALOGIX is back in the black with a positive operating result in the first half of the 2022/2023 financial year. Sales increased by 1.1%, or 6.8% in local currencies, on an adjusted comparison level and in Swiss francs - excluding the sold, non-strategic Swiss Learning Hub AG.
Preliminary information on the 2022/2023 half-year statement: CREALOGIX achieves turnaround with positive operating result
Ad hoc announcement pursuant to Art. 53 LR – In a challenging environment, CREALOGIX achieves a return to operating profit and achieves a positive operating result in the first half of the 2022/2023 financial year.
Ad hoc announcement pursuant to Art. 53 LR – CREALOGIX sales fell by 14% to CHF 94 million in the challenging financial year 2021/22. This drop in sales, together with the extraordinarily high capital investment for the implementation of the development bank product in Germany led to a negative EBITDA of CHF 9.3 million. The implemented cost reductions and the conclusion of the investment in the development bank product will ensure a rapid return to positive EBITDA in the financial year 2022/23.
Ad hoc announcement pursuant to Art. 53 LR – CREALOGIX focuses on digital banking. In the logical implementation of this strategy, CREALOGIX is selling the majority of its digital learning business, which is operated by its subsidiary, Swiss Learning Hub AG. The majority acquisition by a Swiss investor group is taking place within the framework of a management buy-out.
Ad hoc announcement pursuant to Art. 53 LR – CREALOGIX recorded a decline in sales in the first half of the 2021/2022 financial year. The ongoing conversion of the business model from licences to the SaaS (software as a service) rental model and higher expenditures in product development have weighed on profitability. At the same time, the share of recurring sales increased to 56% of total sales. In the medium term, SaaS business and expenditures will open up new business areas for us as a fintech specialist.
Preliminary information on CREALOGIX in the first half of 2021/2022 and the status of its transformation into a SaaS provider
Ad hoc announcement pursuant to article 53 LR – The continued conversion of the license model to a SaaS (Software as a Service)/hosting model as well as greater levels of investment has changed the structure of total sales and reduced profitability in the first half of 2021/2022.
CREALOGIX increases its annual revenues once again – primarily thanks to strong growth in recurring SaaS revenues
Ad hoc announcement pursuant to article 53 LR – CREALOGIX reports another record revenue: in the 2020/2021 financial year, total sales rose by 5% to around CHF 109 million and recurring sales exceeded 50% for the first time. The major contract with seven development banks in Germany and the consistent pursuit of the SaaS model, with a 27% share of total sales, made a significant contribution to this. CREALOGIX posted a positive net result of CHF 1.1 million before goodwill amortisations.