EQS-Adhoc
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tick Trading Software AG: Top customer to gradually reduce the use of tick-TS for share trading from May - forecast for financial year 2024/25 remains unchanged.
- Top customer to cut tick-TS usage from May 2025.
- Revenue expected to drop by 15-20% monthly.
- 2024/25 profit forecast remains unchanged at €1.3-1.7M.
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EQS-Ad-hoc: tick Trading Software AG / Key word(s): Development of Sales Düsseldorf, 29 April 2025 - tick Trading Software AG (ISIN: DE000A35JS99; tick-TS AG), provider of software for securities trading and settlement, was informed by its top customer that the order flow will be gradually but largely reduced starting in May 2025. The company expects that the reduction in order flow will reduce tick-TS AG's monthly revenue by 15 to 20% in the future. |
The recently raised forecast for the 2024/25 financial year remains in place due to contractual arrangements with the customer. The company therefore continues to expect a net profit of EUR 1,300 thousand to EUR 1,700 thousand for the financial year ending 30 September 2025 (2023/24: EUR 1,256 thousand).
At the same time, tick-TS AG is in extensive discussions with existing and potential new customers and sees the opportunity to partially compensate for the expected decline in revenue. The company
will publish a forecast for the 2025/26 financial year later in the year.
Contact:
Carsten Schölzki (Management Board)
tick Trading Software AG
Berliner Allee 59
40212 Düsseldorf
E-Mail: ir@tick-ts.de
Tel.: +49-211-781767-0
End of Inside Information
29-Apr-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | tick Trading Software AG |
| Berliner Allee 59 | |
| 40212 Düsseldorf | |
| Germany | |
| Phone: | +49 (0)211 781767-0 |
| Fax: | +49 (0)211 781767-29 |
| E-mail: | info@tick-ts.de |
| Internet: | www.tick-ts.de |
| ISIN: | DE000A35JS99 |
| WKN: | A35JS9 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2126762 |
| End of Announcement | EQS News Service |
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2126762 29-Apr-2025 CET/CEST
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