Ad-hoc | 26 April 2007 08:33
Intershop Communications AG / Quarter Results
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Jena, Germany – April 26, 2007 - Intershop Communications AG (Prime
Standard: ISH2) today announced financial results for the first quarter of
2007, ended March 31, 2007.
First quarter 2007 revenue rose 11% as against the previous quarter from
Euro 5.5 million to Euro 6.1 million, compared with Euro 5.1 million in the
first quarter of 2006. License revenue totaled Euro 0.8 million in the
first quarter of 2007 as against the fourth quarter of 2006 to Euro 1.0
million, compared with Euro 1.8 million in the first quarter of 2006. In Q1
2006, license revenues included EUR 1.4 million in revenues from a major
order. Service revenue totaled Euro 5.3 million in the first quarter 2007,
as compared to Euro 4.5 million in the fourth quarter 2006 and Euro 3.3
million in first quarter 2006. Adjusted for online marketing revenues,
service revenues amounted to EUR 3.8 million in the first quarter of 2007
and EUR 3.5 million in the fourth quarter of 2006.
Total operating costs (cost of revenues plus operating expenses) were Euro
7.5 million in the first quarter of 2007, compared with Euro 7.5 million in
the previous quarter and Euro 6.4 million in the first quarter of 2006. The
cost of revenues included online marketing costs of EUR 1.4 million in Q1
2007 and EUR 1.0 million in Q4 2006.
Intershop recorded a net loss of Euro 1.4 million or Euro 0.07 per share in
the first quarter of 2007, as compared to a net loss of Euro 2.0 million or
Euro 0.09 per share in the fourth quarter of 2006. Compared to the first
quarter of 2006, Intershop’s net loss was Euro 1.5 million or Euro 0.07 per
share.
Total cash, including cash and cash equivalents, marketable securities, and
restricted cash were Euro 8.1 million as of March 31, 2007, compared to
Euro 11.2 million as of December 31, 2006. The amount of unrestricted cash
included in this total amounting to EUR 1.8 million as of March 31, 2007,
compared to Euro 3.6 million as of December 31, 2006.
Intershop expects to generate a positive net result and positive cash flow
in fiscal year 2007 due to significant cost reductions, particularly in
sales and marketing, as well as further measures.
The full press release relating to this adhoc disclosure is available at
www.intershop.com.
Public Relations:
Dana Schmidt
T: +49-3641-50-1000
F: +49-3641-50-1002
pr@intershop.com
Investor Relations:
Annett Koerbs
T: +49-3641-50-1370
F: +49-3641-50-1309
ir@intershop.com
DGAP 26.04.2007
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Language: English
Issuer: Intershop Communications AG
Intershop Tower
07740 Jena Deutschland
Phone: +49 (0)3641-50-0
Fax: +49 (0)3641-50-1002
E-mail: ir@intershop.de
www: www.intershop.de
ISIN: DE000A0EPUH1, DE000A0C4ZE3
WKN: A0EPUH, A0C4ZE
Indices: CDAX, PRIMEALL, TECHALLSHARE
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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