공지 • Jul 24
NorCom Information Technology GmbH & Co. KGaA, Annual General Meeting, Aug 29, 2025 NorCom Information Technology GmbH & Co. KGaA, Annual General Meeting, Aug 29, 2025, at 13:00 W. Europe Standard Time. New Risk • Nov 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.96m (US$9.78m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 30% per year over the past 5 years. Market cap is less than US$10m (€8.96m market cap, or US$9.78m). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). 공지 • Oct 21
NorCom Information Technology GmbH & Co. KGaA, Annual General Meeting, Nov 25, 2024 NorCom Information Technology GmbH & Co. KGaA, Annual General Meeting, Nov 25, 2024, at 13:00 W. Europe Standard Time. New Risk • Sep 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.87m (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 30% per year over the past 5 years. Market cap is less than US$10m (€8.87m market cap, or US$9.92m). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). New Risk • May 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 48% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (€12.8m market cap, or US$14.0m). Reported Earnings • May 06
Full year 2023 earnings released: €0.22 loss per share (vs €0.68 loss in FY 2022) Full year 2023 results: €0.22 loss per share (improved from €0.68 loss in FY 2022). Revenue: €9.65m (flat on FY 2022). Net loss: €463.2k (loss narrowed 66% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. 공지 • Apr 21
NorCom Information Technology GmbH & Co. KGaA to Report Fiscal Year 2023 Results on Apr 30, 2024 NorCom Information Technology GmbH & Co. KGaA announced that they will report fiscal year 2023 results on Apr 30, 2024 New Risk • Mar 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 67% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€10.7m market cap, or US$11.6m). 공지 • Aug 04
NorCom Information Technology Gmbh & Co. Kgaa Announces Appointment of Oleg Skrypnyuk as Chief Technology Officer from September, 2023 NorCom Information Technology GmbH & Co. KGaA announced appointment of Oleg Skrypnyuk as Chief Technology Officer. Oleg Skrypnyuk will be Chief Technology Officer of NorCom Information Technology GmbH & Co. KGaA from September 2023. In this position, he will be responsible for the technological orientation of the product and the expansion of consulting in the areas of data science and artificial intelligence (AI). He also coordinates the internal development and project teams that work for customers from industry and public administration. The graduate computer scientist has been with NorCom for almost nine years and has been responsible for the AI platform DaSense as architect and chief developer from the very beginning. 공지 • Jul 23
Norcom Information Technology Gmbh & Co. Kgaa Announces Resignation of Tobias Abthoff from Management Board, Effective on August 31, 2023 Norcom Information Technology Gmbh & Co. Kgaa announced resignation of Tobias Abthoff from Management Board. Dr. Tobias Abthoff is leaving NorCom Information Technology GmbH & Co. KGaA on August 31, 2023. This was agreed by mutual agreement. NorCom and the Supervisory Board thank Dr. Tobias Abthoff for the many years of cooperation and his services in the business development. 공지 • Feb 17
NorCom Information Technology GmbH & Co. KGaA Offers DaSense as an Open Source Solution for Authorities With DaSense Community Open Source (DaSense COS), NorCom offers public authorities a solution for implementing the digitization that politicians are striving for. Under the name DaSense COS, public administrations receive the artificial intelligence (AI) platform DaSense for the automation of time-consuming work processes free of charge. Individual further development can benefit all authorities in the sense of the community model. NorCom wants to implement the community model together with partners and, in addition to coordination, is also responsible for further developments, maintenance, service and support. Implement the digitization of public administration together At the presentation of the new government program, Finance Minister Christian Lindner promised the digitization of the state. Federal Interior Minister Nancy Faeser wants to make significantly more administrative services digitally available by 2025 - more than 10,000 decentralized registers at authorities are to be modernized and networked. And Andrea Nahles, CEO of the Federal Employment Agency, calls for a decade of automation and the use of artificial intelligence. The thrust is clear, but a target-oriented implementation is still open. With DaSense COS, the first step in the partial automation of processes in public authorities should be made possible flexibly, efficiently, and comprehensively. DaSense is a proven solution for the AI-supported digitization of document- based work processes. Existing IT systems and software can be fully integrated. Proven processes within the authority are mapped in individual AI apps and thus retained. Reported Earnings • May 06
Full year 2020 earnings released: EPS €0.082 (vs €0.19 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €10.7m (down 11% from FY 2019). Net income: €163.9k (up €547.0k from FY 2019). Profit margin: 1.5% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 20
New 90-day high: €9.60 The company is up 4.0% from its price of €9.26 on 22 October 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 18% over the same period. Is New 90 Day High Low • Dec 30
New 90-day low: €7.72 The company is down 8.0% from its price of €8.42 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 20% over the same period. Is New 90 Day High Low • Dec 15
New 90-day low: €7.82 The company is down 16% from its price of €9.32 on 16 September 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 17% over the same period. Is New 90 Day High Low • Oct 08
New 90-day high: €9.60 The company is up 5.0% from its price of €9.10 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 16% over the same period.