Was ist los bei QXL? +125% heute - 500 Beiträge pro Seite

[Gekkos Sohn]

Was ist los bei QXL? Die Aktie ist heute um 125% auf über 5Euro gestiegen.
Hat einer Nachrichten gefunden? Sind Sie vielleicht übernommen worden?

[desy]

QXL hat heute Zahlen veröffentlicht und die sind so gut, daß zwischenzeitlich der Kurs in London bei 450 liegt. Umgerechnet in EURO sind das ca. 6,50 und es geht weiter nach oben, denn die Auswertung in den Zeitungen etc, kommt ja noch.

[rigor]

Wo sind denn die Zahlen. Hast Du sie gelesen?
Auf der Internetseite sind sie nicht zu finden.
Gruß rigor

[Gekkos Sohn]

Kurs steht schon bei 7,10 euro plus 208%!!!

Scheint wirklich noch weiter nach oben zu gehen. Wenn man die mit ebay vergleicht sind sie ja auch super unterbewertet!

[Gekkos Sohn]

Jetzt schon 250% bei 8,0 Euro, die Zahlen müssen ja echt der Hammer sein, wo bekomme ich die? Habe auch nichts gefunden!

[Wavetrader]

Da hat man ja fast Mitleid mit den QCL-Ricardo-Aktionären. Eine Depotleiche springt aus der Asche, und keiner weiß, warum.

Habe euch also eine Meldung mitgebracht

Kurzfassung: Umsatz 21% rauf, Verluste halbiert, liquide Mittel zum ersten Mal ohne Refinanzierung gestiegen
__________

Reuters - Tue 20. Jan 13:34

QXL Ricardo slashes losses, shares soar

LONDON, Jan 20 (Reuters) - Shares in European online auction service QXL Ricardo (LSE: QXL.L - news) soared 150 percent on Tuesday after the company said it had cut its trading loss in the third quarter.

"A number of milestones have been passed by the Group. With strong growth and continued cost reductions, we are now operating profitably before head office costs are taken into account," said Chief Executive Officer Mark Zaleski.

Although the auction service still posted a trading loss of 1.2 million pounds ($2.17 million), this figure was down 49 percent year on year during the quarter.

QXL`s transaction volumes rose 21 percent year on year in the quarter to end December and turnover increased 2O percent to 1.2 million pounds.

"Overall growth was strongest in the markets where we have the best market positions and have been focusing our resources - Switzerland, Denmark and Norway," QXL said.

QXL increased its cash position quarter on quarter for the first time without recourse to financing, it said.

"Much of our time this year has been spent on improving revenue collection efforts and cost controls and recovering tax rebates and other amounts due to us," the firm said.

QXL shares opened on Tuesday at 160 pence and had climbed to a nine month high of 395-1/4 pence by 1315 GMT, valuing the company at around 3.8 million pounds.

http://uk.biz.yahoo.com/040120/80/ejuye.html

[Wavetrader]

Meinte natürlich QXL-Ricardo-Aktionäre

[Gekkos Sohn]

Ich habe flogende Antwort von der Investor Relation Abteilung auf meine Anfrage bekommen, mal sehen was man dort auf der Seite findet!

All share price news and relevant information can be found on
http://www.iii.co.uk/

Regards
Investor Relations

@wavetrader Danke

[Gekkos Sohn]

Tuesday January 20, 04:15 PM
Techmark movers: QXL soars, as Network Technology and Eidos stumble
LONDON (ShareCast) - Online auctioneer QXL Ricardo (LSE: QXL.L - news) soared today after it announced it was finally managing to trade profitably,
before head office costs are taken into account. The group added that it had also seen a 47% increase in the number of transactions on the site, even after allowing for seasonal adjustments.

Making its usual entry into the top ten Techmark movers of the day was Network Technology (LSE: NTY.L - news) , as investors continued to take profits following the group`s recent rise.

Eidos (LSE: EID.L - news) also made its mark today as the video games producer warned once again that it would miss expectations for first-half operating profits, though it reiterated confidence that it would meet full-year expectations.

FTSE TechMARK - Risers

[rigor]

Danke wavetrader
Ich hab zwar keine qxl-aktien, finde das aber interessant was da passiert.
Wundern tue ich mich allerdings über ricardo. Die stiegen nur von 1,50 auf 1,60 (heute 1,70) bei dieser Meldung und den gehört ja wie ich gelesen habe die schweizer qxl (gekauft November2003).
Mein englisch ist aber leider nicht so gut. Vielleicht hab ich da auch was falsch verstanden.
Gruß rigor

[Gekkos Sohn]

Die Ricardo AG ist eie Tochter der QXL!
Aber Du hast recht, eigendlich müsste die auch steigen. Aber es gibt kaum noch handelbare Ricardo Aktien, da glaube ich 98% im besitz von QXL sind.

QXL heute wieder 50 % auf über 11 Euro, da steckt glaube ich mehr hinter als nur gute Zahlen!!!

[Gekkos Sohn]

Das war der grund für den Kursanstieg!!!

QXL ricardo plc - Third Quarter Results 20 January 2004


Cash positive for the quarter – strong underlying growth


QXL ricardo plc (“QXL” or the “Group”; LSE: QXL.L), the pan-European online auction company, today announces results for the third quarter ended 31 December 2003.

Commenting on the results, Mark Zaleski, said:

“A number of milestones have been passed by the Group. With strong growth and continued cost reductions, we are now operating profitably before head office costs are taken into account. And, for the first time the Group has been able to increase its cash position quarter over quarter without any debt or equity funding. We look forward to building on these achievements and are increasingly confident of attaining overall group profitability without needing to raise funds or sell further assets.”


Third Quarter ended 31 December 2003 – Highlights of Continuing Operations
· Transaction volumes increased 21% over the quarter ended 31 December 2002
· Turnover increased 20 % over the quarter ended 31 December 2002 to £1.2 million
· Trading loss decreased 49% over the quarter ended 31 December 2002 to £1.2 million
· Loss on ordinary activities decreased 88% over the quarter ended 31 December 2002 to £0.5 million
· Cash balances at 31 December 2003 increased 22% over previous quarter to £1.1m


For further enquiries please contact:Mark Zaleski, Chief Executive OfficerRobert Dighero, Chief Financial Officer Tom Parkinson, Company Secretary [phone]



Financial and Operating Data Highlights
(UK GAAP)

Group excluding QXL Poland Sp z.o.o.

Quarter Ended Quarter Ended 9 Months Ended 9 Months Ended
31 December 2003 31 December2002 31 December 2003 31 December 2002
£000’s £000’s £000’s £000’s

Turnover 1,185 985 3,030 3,458
Gross profit 1,178 980 3,022 3,431
Trading loss (1,178) (2,291) (3,558) (8,190)
Loss on ordinary activities (474) (4,052) (6,508) (14,272)

Total Group

Quarter Ended Quarter Ended 9 Months Ended 9 Months Ended
31 December 2003 31 December2002 31 December 2003 31 December 2002
£000’s £000’s £000’s £000’s

Turnover 1,185 1,304 3,030 4,228
Gross profit 1,178 1,298 3,022 4,198
Trading loss (1,178) (2,290) (3,558) (8,154)
Loss on ordinary activities (474) (4,051) (6,508) (14,246)


Reconciliation of Trading loss to Loss on ordinary activities

Quarter Ended Quarter Ended 9 Months Ended 9 Months Ended
31 December 31 December 31 December 31 December
2003 2002 2003 2002
£000’s £000’s £000’s £000’s

Trading loss (1,178) (2,290) (3,558) (8,154)
Goodwill amortisation - (1,788) (3,576) (5,363)
Reversal of VAT provision - 55 - 431
Restructuring costs - - - (1,258)
Total operating loss (1,178) (4,023) (7,134) (14,344)
Profit on disposal of investments 488 - 488 -
Profit on disposal of discontinued operations 201 - 201 -
Net interest receivable/(payable) 15 (28) (63) 98
Loss on ordinary activitiesbefore taxation (474) (4,051) (6,508) (14,246)


Chief Executive Officer`s Review
Strong underlying growth
We were very pleased by the strong growth in transaction volumes during the quarter. The number of transactions completed on our sites increased 47% compared to the previous quarter. Although partly seasonal, this growth is significantly stronger than the growth between the same two periods in 2002. It also came about despite our withdrawal in November from the mainstream auction markets in Germany and Spain as a result of the agreements with Marktplaats BV. Overall growth was strongest in the markets where we have the best market positions and have been focussing our resources - Switzerland, Denmark and Norway.

Revenues for the quarter were £1.2 million, a 20% increase compared to the quarter ending 31 December 2002 (excluding QXL Poland Sp z.o.o.). This improvement reflects completion of the roll-out of listing fees across all our sites earlier in 2003 as well as some more recent price rises.

Growth in revenue was limited by a continuing fall in the average transaction value by 18% compared to the previous quarter to approximately £24. This decline resulted mainly from a combination of a shift in the geographic and product mix offered through our sites. We will continue our focus on increasing transaction volumes over the medium term as we believe this will provide a strong basis for long-term revenue growth.

Progress towards profitability
We have made significant progress toward operating profitability during the quarter as we continue to make improvements in our use of technology, to generate other operating efficiencies and to control costs stringently. All historic goodwill has also now been fully amortised. Although trading loss increased by 2% compared to the previous quarter to £1.2 million, this was principally due to one-time costs relating to the cessation of ricardo-branded auction operations in Germany. The Group is now operating profitably before head office costs are taken into account and we expect further savings in this area in the coming quarter following last month’s relocation of our corporate headquarters.

Cash-flow positive
Much of our time this year has been spent on improving our revenue collection efforts and cost controls and recovering tax rebates and other amounts due to us. This quarter, for the first time, the Group was able to increase its cash position quarter over quarter without recourse to financing. This was partly due to the impact of the money received from Marktplaats BV. Going forward we are increasingly confident that we will achieve Group profitability whilst continuing to pursue vigorously our legal claims in Poland without recourse to further funding and irrespective of the speed of progress of these claims.

Poland legal claims
We continue to make progress in our claims to recover full ownership and control of QXL Poland Sp z.o.o. At the end of November, Arjan Bakker was formally charged with grand theft by the Poznan prosecutors. Since then, the prosecutors have continued with their investigations and the collation of other evidence that might be relevant to the decision on whether (and if so when) a criminal case will be brought against Bakker in the courts.

In the civil proceedings, our initial case was considered in December by the Appellate Court in Poznan. The court decided to defer judgement until resolution of our main case, which was filed by us last summer after we had been able to secure a significant amount of additional evidence. This case has also provided the basis for a number of recent interim decisions in our favour, including the appointment of an administrator to QXL Poland’s business in October. We remain confident that we will obtain judgement in our favour when this case is eventually heard, although no date for a hearing has yet been fixed by the courts.

Financial Review

The Group’s third quarter results show strong growth in turnover of continuing operations and reductions in loss on ordinary activities before taxation compared to the previous quarter.

Turnover for the quarter ended 31 December 2003 decreased 9% to £1.19 million from £1.30 million for the quarter ended 31 December 2002. However excluding discontinued operations, turnover increased 20% from £985,000 for the quarter ended 31 December 2002. This was primarily due to a strong increase in transactional revenues. Turnover compared to the previous quarter increased 31% as a result of this strong underlying growth as well as a seasonal strengthening following the summer period.

Cost of sales remained negligible at £7,000 for the quarter ended 31 December 2003, compared to £6,000 for the quarter ended 31 December 2002.

Sales and marketing expenses (excluding goodwill, exceptional items and bad debt provisions) increased 8% to £1.30 million for the quarter ended 31 December 2003, from £1.20 million for the quarter ended 30 September 2003 and decreased 28% from £1.80 million in the quarter ended 31 December 2002. The overall trend in sales and marketing expenses however remains down as operations continue to be streamlined and further savings are expected in this area in the next quarter. Bad debt provisions increased to £387,000 from £78,000 in the quarter ended 31 December 2002, principally due to a large one-time adjustment relating to the cessation of ricardo-branded auction operations in Germany.

Technology and development costs (excluding exceptional items) decreased 28% to £141,000 in the quarter ending 31 December 2003 from £195,000 in the quarter ended 30 September 2003 and decreased 76% from £597,000 in the quarter ended 31 December 2002. This decrease resulted primarily from the ongoing restructuring of our technology platforms. No further material savings are anticipated in this area in the next few quarters.

General and administrative costs (excluding exceptional items) decreased 15% to £532,000 in the quarter ended 31 December 2003, from £626,000 in the quarter ended 30 September 2003 and decreased 52% from £1.1 million in the quarter ended 31 December 2002. The decline was primarily due to a continued rationalisation of overhead costs and further savings are expected in the next quarter in this area due to the recent relocation of the Group’s corporate headquarters.

Trading loss (operating loss before goodwill and exceptional items) in the quarter ended 31 December 2003 increased 2% to £1.18 million from £1.16 million in the quarter ended 30 September 2003 and decreased 49% from £2.29 million in the quarter ended 31 December 2002.

There were no goodwill charges in the quarter ended 31 December 2003 compared to £1.8 million in the previous quarter and the same figure in the quarter ended 31 December 2002. No further goodwill charges are expected.

In the quarter, the Group made a non-cash profit on sale of investments of £488,000 of which the largest part related to an internal re-structuring in which the parent company sold its Swiss subsidiary to its German subsidiary which has an 8.5% public minority interest. The Group also realised £200,000 as a profit on disposal of discontinued operations resulting from its agreement with Marktplaats BV.

Losses on ordinary activities before taxation in the quarter ended 31 December 2003 were £474,000 compared to losses of £3.0 million in the quarter ended 30 September 2003 and £4.1 million in the quarter ended 31 December 2002.

On 27 October 2003 and 11 December 2003 the Company issued 21,602 and 18,513 Ordinary Shares respectively pursuant to the conversion of £30,000 of Convertible A Bonds on each occasion. Under the terms on which the Bonds were issued, the maximum number of ordinary shares that can still be issued in relation to conversion of the principal amount of all of the Bonds is approximately 410,000 although this figure does not include shares that could be issued as payment for the 2% annual interest payable on the Bonds. If the Company chose to pay such interest in shares, assuming full conversion of all Bonds today and based on the current share price, approximately a further 450,000 shares would be issued. Unless converted earlier, the remainder of the A Bonds mature on 14 February 2004, the remainder of the B Bonds mature on 31 May 2004 and the remainder of the C Bonds mature on 9 November 2004. All of the Bonds (and the interest accruing on them) are mandatorily convertible into Ordinary Shares on these dates unless the Company chooses to repay them in cash.

As at 31 December 2003, the Group had available cash reserves of £ 1.1 million. In addition, since the end of the quarter, the Group has received net tax claims amounting to approximately £400,000.

Current Trading and Outlook
A number of milestones have now been passed by the Group and we continue to make progress across a number of fronts. On 11 March 2004, the German Federal Court is scheduled to hear the appeal in the trademark infringement case brought by Montres Rolex S.A. against ricardo.de AG. Having received judgement in our favour in the Higher Regional Court in Cologne, we continue to believe that ricardo has a good prospect of successfully defending this appeal. We are also encouraged by the progress in our legal claims to recover full ownership and control of QXL Poland Sp z.o.o.
We are especially pleased with the transaction and revenue growth achieved in the past quarter, the relatively small dip in trading over the Christmas and New Year period and the rapid recovery in transaction volumes to pre-Christmas levels. Having now reached the stage where we are now operating profitably before head office costs are taken into account, we expect to see further underlying growth and cost savings during the current quarter. In addition, our cash position has strengthened substantially - we were cash positive over the past quarter and received over £400,000 in respect of our latest tax claims earlier this month. Taken together, these factors provide us with significant comfort that we are on course to achieve overall group profitability without need for funding or asset sales.




QXL ricardo plc
Consolidated profit and loss account
Third Quarter Results – UK GAAP

Quarter Quarter 9 Months 9 Months
Ended Ended Ended Ended
31 December 31 December 31 December 31 December
2003 2002 2003 2002
Unaudited Unaudited Unaudited Unaudited
£000’s £000’s £000’s £000’s
Turnover
Continuing operations 1,185 985 3,030 3,458
Discontinued operations - 319 - 770
Total turnover 1,185 1,304 3,030 4,228
Cost of sales (7) (6) (8) (30)
Gross profit 1,178 1,298 3,022 4,198
Distribution costs (1,683) (3,664) (7,509) (13,169)
Administrative expenses (673) (1,657) (2,647) (5,373)
Operating loss
Continuing operations (1,178) (4,024) (7,134) (14,380)
Discontinued operations - 1 - 36
Total operating (loss) (1,178) (4,023) (7,134) (14,344)
Profit on disposal of investments 488 - 488 -
Profit on disposal of discontinued operations 201 - 201 -
Net interest receivable/(payable) 15 (28) (63) 98
(Loss) on ordinary activities before taxation (474) (4,051) (6,508) (14,246)
Tax on loss on ordinary activities 120 - 550 -
Minority interest 18 2 67 52
Retained (loss) (336) (4,049) (5,891) (14,194)

Operating Expenses above analysed as:
Sales and marketing (1,296) (1,798) (3,410) (6,291)
Bad debt (387) (78) (523) (776)
Restructuring costs – S&M - - - (739)
Goodwill amortisation – S&M - (1,788) (3,576) (5,363)
Distribution costs (1,683) (3,664) (7,509) (13,169)
General and administrative (532) (1,115) (1,891) (3,137)
Technology & development (141) (597) (756) (2,148)
Restructuring costs – technology & devt. - - - (519)
Reversal of VAT provision - 55 - 431
Administrative expenses (673) (1,657) (2,647) (5,373)

Loss per equity share (basic and diluted)
Loss after taxation (£000’s) (336) (4,049) (5,891) (14,194)
Weighted average number of ordinary shares outstanding 933,039 891,325 921,210 868,640
Net loss per share (basic and diluted) (£) (0.36) (4.54) (6.39) (16.34)

Statement of total recognised gains and losses
Retained loss (336) (4,049) (5,891) (14,194)
Exchange adjustments (54) (99) (114) (202)
Total recognised loss for the period (390) (4,148) (6,005) (14,396)

Prior period comparatives restated to reflect the 1-for-1000 share consolidation in March 2003.
QXL ricardo plc
Consolidated Balance Sheet -UK GAAP


31 December 31 December 31 March
2003 2002 2003
Unaudited Unaudited Audited
£000’s £000’s £000’s

Fixed assets:
Intangible assets 20 5,364 3,576
Tangible assets 136 448 171
156 5,812 3,747
Current assets:
Stock - 31 -
Debtors and prepayments 881 3,139 2,689
Cash at hand and at bank 1,144 4,391 2,658
2,025 7,561 5,347
Creditors: amounts falling due within 1 year (2,109) (3,147) (2,752)
Net current assets: (84) 4,414 2,595

Total assets less current liabilities 72 10,226 6,342
Creditors: amounts falling due after 1 year (32) (29) (62)
Convertible bonds (14,646) (14,562) (14,509)
Provisions for liabilities & charges (60) - (200)
Net (liabilities) / assets (14,666) (4,365) (8,429)

Called up share capital 955 891 915
Share premium account 225,985 225,846 225,956
Merger reserve 9,137 9,137 9,137
Profit & loss account (249,746) (239,612) (243,741)
Total equity shareholders’ (deficit)/funds (13,669) (3,738) (7,733)
Equity minority Interest (997) (627) (696)
(Deficit) / capital employed (14,666) (4,365) (8,429)


Consolidated Cashflow Statement – UK GAAP


9 Months 9 Months Year
Ended Ended Ended
31 December June 31 December 31 March
2003 2002 2003
Unaudited Unaudited Audited
£000’s £000’s £000’s
Net cash outflow from operating activities (2,101) (10,151) (11,646)
Returns on investment and servicing of finance 140 311 350
Capital expenditure and financial investment - (111) (173)
(Acquisitions)/disposals 471 - (61)
Cash outflow before management of liquid resources and financing (1,490) (9,951) (11,530)
Management of liquid resources - - -
Financing (24) 249 (102)
Increase / (decrease) in cash (1,514) (9,702) (11,632)



Basis of Preparation

The results for the three and nine month periods ended 31 December 2003 have not been audited and are prepared on the basis of the accounting policies set out in the Group’s 2003 Annual Report and Financial Statements.

The summary of results for the year ended 31 March 2003 does not constitute the full financial statements within the meaning of section 240 of the Companies Act 1985. The full financial statements for that year have been reported on by the Group’s auditors and delivered to the Registrar of Companies.

The audit report for the year ended 31 March 2003 was qualified in respect of a limitation of audit scope as a result of the lack of day-to-day control of QXL Poland Sp z.o.o. by the Company. Neither the Company nor its auditors were able to obtain sufficient information and explanations regarding the results and the financial position of this subsidiary for the period while it was under the control of the Company. Consequently the auditors:

- did not obtain all the information and explanations that they considered necessary for the purpose of that audit; and
- were unable to determine whether proper accounting records had been kept.

Background on QXL ricardo

QXL ricardo plc ("QXL") is a pan-European online auction community, conducting online auctions in ten countries. The QXL online auction community facilitates trading 24 hours a day, seven days a week in an efficient, convenient and entertaining environment, enabling buyers to bid on merchandise and services from across Western Europe which are sold by QXL members and merchants. QXL also enables sellers to locate and trade with buyers in new geographic markets. A wide selection of merchandise and services is available on its online auction community, ranging from computer software and hardware, consumer electronics, household appliances and collectibles to travel-related items and sports equipment. QXL is a publicly traded company with its shares listed on the Official List of the United Kingdom Listing Authority.

QXL provides access to the QXL trading community in:
UK - www.qxl.com and www.qxl.co.uk; Germany - www.ricardo24.de; France - www.aucland.fr; Italy - www.qxl.it; Netherlands - www.ricardo.nl; Norway - www.qxl.no; Denmark - www.qxl.dk; Poland - www.aukcje24.pl; Sweden - www.qxl.se; Switzerland - www.ricardo.ch

This document may contain forward-looking statements that relate to the Group’s plans, objectives, estimates and goals. The Group’s business is subject to numerous risks and uncertainties, including risks associated with: funding requirements; acquisitions; litigation; only having a limited operating history; regulation of auctions and the Internet; probable variability in the Group’s quarterly operating results; the Group’s results of operations not being indicative of future performance; significant losses being incurred as a result of expansion of the Group’s business; dependence on growth of online commerce market; risks associated with development and growth of the Group’s foreign language web sites; intense competition; failure to develop the Group’s brands; failure to expand the Group’s systems; risks associated with managing internal growth and retaining and recruiting personnel; international expansion; online commerce security; risks associated with not developing new services, features and functions; risks associated with intellectual property rights; fraudulent activity of our members and suppliers; and seasonality. These and other risks and uncertainties, which are described in more detail in the Group’s Registration Statement dated 7 October 1999, in the Group’s prospectuses and listing particulars filed with the UK Listing Authority and the Registrar of Companies in England and Wales (the most recent being dated 11 March 2002) and in other documents filed with the US and German regulatory authorities, could cause the Group’s actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.

[Gekkos Sohn]

Heute wieder auf 9 Euro, gibt es neue News?

[Gekkos Sohn]

Jetzt schon über 10 +20% da muss es doch was an Nachrichten gegeben haben?

[Gekkos Sohn]

Keiner mehr da bei QXL?