お知らせ • Jan 08
TeamViewer SE to Report Q4, 2024 Results on Jan 08, 2025 TeamViewer SE announced that they will report Q4, 2024 results at 5:30 PM, Central European Standard Time on Jan 08, 2025 お知らせ • Dec 11
TeamViewer SE (XTRA:TMV) agreed to acquire 1E Ltd from Carlyle Europe Technology Partners IV, managed by The Carlyle Group Inc. (NasdaqGS:CG) for enterprise value of $720 million. TeamViewer SE (XTRA:TMV) agreed to acquire 1E Ltd from Carlyle Europe Technology Partners IV, managed by The Carlyle Group Inc. (NasdaqGS:CG) for enterprise value of $720 million on December 9, 2024. TeamViewer SE signed definitive agreement to acquire 1E Ltd from Carlyle Europe Technology Partners IV, managed by The Carlyle Group Inc. (NasdaqGS:CG) on December 10, 2024. It is all cash transaction. The acquisition will be Financing via existing credit lines and new debt instruments. Mark Banfield, CEO of 1E, will join TeamViewer as CCO after closing. The transaction is subject to approval by regulatory board / committee. The transaction is expected to complete in early 2025. Arma Partners LLP acted as financial advisor for 1E Ltd. お知らせ • Dec 03
TeamViewer Introduces Smart Service Solution TeamViewer introduced TeamViewer Smart Service. Designed for after-sales support, this solution helps manufacturers of machinery and equipment (OEMs) efficiently troubleshoot issues at customer sites. By unifying software and hardware support in one solution, Smart Service enables manufacturers to minimize downtime, address workforce challenges, and streamline complex operations across IT and OT environments. TeamViewer Smart Service offers OEMs in various sectors, including industrial manufacturing, agriculture, healthcare, and professional electronics, a comprehensive toolkit to support the detection, reporting, and immediate resolution of machine issues. Leveraging industry-proven augmented reality (AR) for expert-guided problem resolution, TeamViewer Smart Service enables swift handling of physical defects through remote assistance, while remote machine access resolves software issues — all secured with industry-grade security. In addition to these capabilities, Smart Service goes beyond simple screen sharing. Features like port forwarding and VPN extension enable seamless and secure connectivity, even for complex OT environments, ensuring efficient and reliable support for high-stakes operational needs. To facilitate seamless communication during remote assistance calls, TeamViewer Smart Service includes live captions of language with optional real-time translation capabilities. This feature enables global collaboration by reducing language barriers and enhancing communication, even in noisy environments. Additionally, these captions can be transcribed and saved automatically, creating detailed records of troubleshooting sessions. This built-in documentation capability helps OEMs maintain a comprehensive knowledge base, accelerating issue resolution by allowing teams to reference past solutions. By integrating these tools, Smart Service supports end-to-end troubleshooting, equipping on-site technicians with real-time expert guidance while enhancing workforce training and operational efficiency. As industries increasingly rely on complex, high-tech, and individualized equipment, this level of support becomes essential. Beyond improving response times and reducing costs, TeamViewer Smart Service also enables manufacturers to lower their carbon footprint by reducing the need for travel to service and maintain equipment. In light of stricter ESG reporting requirements, TeamViewer's solution meets both operational and environmental goals by minimizing travel while offering comprehensive support for IT and OT environments. お知らせ • May 09
TeamViewer SE Reiterates Revenue Guidance for the Full Year 2024 TeamViewer SE reiterated revenue guidance for the full year 2024. The company is firmly on track to deliver on its guidance for fiscal year 2024. The company reiterates its revenue outlook of EUR 660 million to EUR 685 million based on an average FX rate of 2023. お知らせ • Jul 14
TeamViewer SE Announces Management Changes TeamViewer SE, appointed Mei Dent as Chief Product and Technology Officer, starting 31 August 2023. She will join the management board of TeamViewer SE alongside CEO Oliver Steil, CFO Michael Wilkens and CCO Peter Turner. Mei will drive the company’s product vision and overall innovation strategy and will head TeamViewer’s global product management, solution delivery and R&D teams including its software development hubs in Germany, Austria, Greece and Portugal. With this newly created role that anchors all technology responsibilities in the management board, TeamViewer underlines the strategic importance of product development and innovation for the company. Mei Dent has an excellent track record as a technology executive in the software and IT industry. She started her career as a software developer at IBM and spent nearly 25 years in various product and engineering related leadership roles at Canadian software giant OpenText. As VP R&D at OpenText, she successfully pioneered the first multi-tenant SaaS product for the company and therefore developed a key element of OpenText’s cloud offering. As part of the senior leadership team of the company’s software development organization, she was also responsible for global engineering practices and processes for security, performance, user experience, as well as reusable and shared services. In her most recent role as CTO at customer communications management and engagement software provider Doxim, Mei led the entire technology organization and scaled it to support the company’s growth. She was responsible for the full lifecycle of Doxim’s platform development as well as product integration in the context of Doxim’s acquisitions. Mei holds a Master in Computer Science from the Western University in Ontario. She will be based in Goppingen, Germany. Dr. Mike Eissele, TeamViewer’s current CTO, and Dr. Hendrik Witt, TeamViewer’s current CPO will leave the company at the end of 2023 after a transition phase and a comprehensive handover to Mei. Beyond that, both remain available with their extensive knowledge to support the company further as needed. Mike leaves TeamViewer after more than 14 years and numerous successful product launches and releases as well as pioneering the use of Augmented Reality software at TeamViewer. Under his leadership the company built dedicated software development hubs outside of Germany to become more flexible in R&D. Hendrik joined TeamViewer three years ago with the acquisition of Augmented Reality software specialist Ubimax. The founder and former CEO of Ubimax will leave TeamViewer as planned after a very successful journey with the company and a complete integration of Ubimax’s product offering “Frontline” into TeamViewer’s solution portfolio as well as the recent go live of TeamViewer Remote, the company’s upgraded remote access and support solution for SMB customers and non-commercial users. Reported Earnings • Mar 17
Full year 2022 earnings released: EPS: €0.37 (vs €0.25 in FY 2021) Full year 2022 results: EPS: €0.37 (up from €0.25 in FY 2021). Revenue: €565.9m (up 13% from FY 2021). Net income: €67.6m (up 35% from FY 2021). Profit margin: 12% (up from 10.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Reported Earnings • Feb 07
Full year 2022 earnings released: EPS: €0.37 (vs €0.25 in FY 2021) Full year 2022 results: EPS: €0.37 (up from €0.25 in FY 2021). Revenue: €565.9m (up 13% from FY 2021). Net income: €67.6m (up 35% from FY 2021). Profit margin: 12% (up from 10.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry. お知らせ • Jan 11
TeamViewer AG to Report Q4, 2022 Results on Jan 11, 2023 TeamViewer AG announced that they will report Q4, 2022 results at 12:00 PM, Central European Standard Time on Jan 11, 2023 お知らせ • Dec 08
TeamViewer AG to Report Q4, 2022 Results on Feb 07, 2023 TeamViewer AG announced that they will report Q4, 2022 results at 12:00 PM, Central European Standard Time on Feb 07, 2023 Reported Earnings • Nov 04
Third quarter 2022 earnings released: EPS: €0.091 (vs €0.018 in 3Q 2021) Third quarter 2022 results: EPS: €0.091 (up from €0.018 in 3Q 2021). Revenue: €143.4m (up 12% from 3Q 2021). Net income: €16.5m (up 347% from 3Q 2021). Profit margin: 12% (up from 2.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Global Software industry. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorated over the past week After last week's 19% share price decline to Mex$157, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 25x in the Software industry globally. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: €0.063 (vs €0.073 in 2Q 2021) Second quarter 2022 results: EPS: €0.063 (down from €0.073 in 2Q 2021). Revenue: €137.5m (up 12% from 2Q 2021). Net income: €11.7m (down 20% from 2Q 2021). Profit margin: 8.5% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 19% growth forecast for the industry in Mexico. お知らせ • Aug 04
TeamViewer AG Provides Earnings Guidance for the Full Year 2022 TeamViewer AG provided earnings guidance for the full year 2022. For the year, the company continues to expect revenues to increase in the mid-teens to EUR 565 million to EUR 580 million. お知らせ • Jun 17
TeamViewer Appoints Rupesh Lunkad as Managing Director for India TeamViewer announced the appointment of Rupesh Lunkad as managing director for India. He will beresponsible for spearheading the business and creating value for its customers in their digital transformation journey, strengthening partnerships and scaling investments in the region. Lunkad will succeed Krunal Patel, who played an integral role in establishing TeamViewer's operations in India since 2018. Lunkad comes with more than 16 years of experience in strategy, delivery, product management, digital transformation, and IT leadership. He is an experienced advisor to enterprise businesses and has a strong track record of helping companies with their digital transformation initiatives and align their long-term business objectives with technology strategies based on a customer-centric approach. In the past, he has helmed key positions with leading tech players such as SAP India and Wipro. In his tenure at SAP India, Lunkad was responsible for go-to-market strategies for new business verticals as well as for strategic initiatives leveraging its partner ecosystem for business development and expansion. He also introduced and fronted SAP's S/4HANA cloud business in India. At Wipro, he served in several leadership roles with enterprise sales and business responsibility. Prior to joining TeamViewer India, he has worked as chief revenue officer at system integrator SAVIC Technologies where he enabled the organisation to expand its business and advance investments in the areas of cloud computing, customer experience, and transformational solutions. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 20% share price decline to Mex$219, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 26x in the Software industry globally. Total loss to shareholders of 72% over the past year.