Duyuru • Mar 20
tick Trading Software AG, Annual General Meeting, Apr 28, 2026 tick Trading Software AG, Annual General Meeting, Apr 28, 2026, at 11:00 W. Europe Standard Time. Duyuru • Feb 15
tick Trading Software AG Proposes Dividend for Fiscal Year 2024/2025 The Supervisory Board of tick Trading Software AG at its Annual General Meeting to be held in April 2026 will vote on a proposed dividend of EUR 0.85 per share (previous year: EUR 0.50). Duyuru • Jul 03
tick Trading Software AG Announces New Version of the TradeBase MX Platform For more than 20 years, asset managers, online brokers, major international banks, and now also neobrokers have relied on the specialized software from tick Trading Software AG (tick-TS AG) for securities trading and settlement. A new version of the TradeBase MX platform (TBMX) is now available to them. For the first time, the front end for trading is browser-based and does not require any additional software installation. This gives users fast access to a modern trading experience – regardless of their operating system or device. As a white label solution, the new TBMX version from tick-TS AG is particularly suitable for banks, online brokers, and neobrokers who want to offer their active retail customers a user-friendly platform for securities trading with professional functionalities and maximum reliability, even in particularly dynamic market phases. The white label front end is customized by tick-TS AG in terms of design and functionality to meet the specific requirements of each customer. comdirect – a brand of Commerzbank AG – is relying on the browser-based TBMX platform from tick-TS AG for the completely redesigned version of ProTrader, the interactive real-time trading interface for the comdirect securities account, which was presented today. In addition to comprehensive market information and trading functions, the new ProTrader also offers intuitive operation with a customizable interface. Functions include real-time charts displaying current purchase prices or limit orders, the option of 1-click trading, watch lists with price alerts, market depth, and news – all self-updating and in real time. Duyuru • Feb 20
tick Trading Software AG, Annual General Meeting, Apr 04, 2025 tick Trading Software AG, Annual General Meeting, Apr 04, 2025, at 11:00 W. Europe Standard Time. Reported Earnings • Jun 20
First half 2024 earnings released First half 2024 results: Revenue: €4.07m (down 7.4% from 1H 2023). Net income: €526.0k (down 26% from 1H 2023). Profit margin: 13% (down from 16% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Software industry in Germany. New Risk • May 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (€18.7m market cap, or US$20.3m). Upcoming Dividend • Apr 19
Upcoming dividend of €0.45 per share Eligible shareholders must have bought the stock before 26 April 2024. Payment date: 30 April 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.3%). New Risk • Mar 24
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 102% The company is paying a dividend despite having no free cash flows. Dividend yield: 5.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (€18.0m market cap, or US$19.5m). Duyuru • Mar 15
tick Trading Software AG, Annual General Meeting, Apr 25, 2024 tick Trading Software AG, Annual General Meeting, Apr 25, 2024, at 11:00 Central European Standard Time. Location: Stadtsparkasse Düsseldorf in the Sparkassen-Forum, 3rd floor, Berliner Allee 33, 40212 Düsseldorf Germany Declared Dividend • Mar 13
Dividend of €0.45 announced Shareholders will receive a dividend of €0.45. Ex-date: 26th April 2024 Payment date: 30th April 2024 Dividend yield will be 5.0%, which is higher than the industry average of 1.5%. Sustainability & Growth The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. New Risk • Jan 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2022 fiscal period end). Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (€19.5m market cap, or US$21.2m). New Risk • Jun 30
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended March 2022. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2022 fiscal period end). Earnings are forecast to decline by an average of 7.1% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (92% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (€18.4m market cap, or US$20.0m). Upcoming Dividend • Apr 20
Upcoming dividend of €0.84 per share at 8.6% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 02 May 2023. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.7%). Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorated over the past week After last week's 25% share price decline to €9.80, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 19x in the Software industry in Germany. Total loss to shareholders of 47% over the past year. Price Target Changed • Nov 16
Price target increased to €26.15 Up from €22.75, the current price target is provided by 1 analyst. New target price is 104% above last closing price of €12.80. Stock is down 40% over the past year. The company is forecast to post earnings per share of €1.01 for next year compared to €2.71 last year. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improved over the past week After last week's 18% share price gain to €15.40, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Software industry in Germany. Total loss to shareholders of 25% over the past year. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improved over the past week After last week's 23% share price gain to €14.40, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Software industry in Germany. Total loss to shareholders of 24% over the past year. Duyuru • Jul 08
Tick Trading Software Ag Announces Forecast Adjustment for the Financial Year 2021/2022 Tick Trading Software Ag announces forecast adjustment for the Financial Year 2021/2022. For the period, the company now expects to be able to achieve a net profit for the year of EUR 1,800,000 to EUR 2,200,000. Price Target Changed • Apr 27
Price target increased to €29.25 Up from €22.75, the current price target is provided by 1 analyst. New target price is 58% above last closing price of €18.50. Stock is down 9.8% over the past year. The company is forecast to post earnings per share of €1.12 for next year compared to €2.71 last year. Duyuru • Apr 08
tick Trading Software AG Approves Dividend, Payable on 12 April 2022 tick Trading Software AG, at ita AGM, held on 07 April 2022, approved the distribution of the retained earnings, with the approval of which a distribution of EUR 4.35 per share was resolved. The dividend will be paid on 12 April 2022. The total dividend, calculated on the 1,006,500 shares outstanding on the day of the AGM, amounts to EUR 4.4 million. Upcoming Dividend • Apr 01
Upcoming dividend of €4.35 per share Eligible shareholders must have bought the stock before 08 April 2022. Payment date: 12 April 2022. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (3.7%). Higher than average of industry peers (1.8%). Reported Earnings • Feb 28
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: €13.4m (up 83% from FY 2020). Net income: €5.45m (up 171% from FY 2020). Profit margin: 41% (up from 28% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Duyuru • Feb 25
tick Trading Software AG, Annual General Meeting, Apr 07, 2022 tick Trading Software AG, Annual General Meeting, Apr 07, 2022, at 11:00 Central European Standard Time. Duyuru • Feb 01
tick Trading Software AG Announces Change in the Executive Board As tick Trading Software AG announced on 21 June 2021, the contract of Executive Board member Gerd Goetz expired on 31 January 2022 and was not extended at his own request. Carsten Schölzki becomes sole Executive Board member with strong management team. In future, tick-TS will be led by the sole director Carsten Schölzki and a strengthened senior management team. Reported Earnings • Jul 03
First half 2021 earnings released: EPS €1.64 The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €4.35m (up 29% from 1H 2020). Net income: €1.65m (up 111% from 1H 2020). Profit margin: 38% (up from 23% in 1H 2020). Valuation Update With 7 Day Price Move • May 22
Investor sentiment improved over the past week After last week's 24% share price gain to €47.00, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 32x in the Software industry in Germany. Upcoming Dividend • Apr 23
Upcoming dividend of €2.01 per share Eligible shareholders must have bought the stock before 30 April 2021. Payment date: 04 May 2021. Trailing yield: 4.8%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.5%). Reported Earnings • Mar 18
Full year 2020 earnings released: EPS €2.00 (vs €1.64 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €7.32m (up 9.2% from FY 2019). Net income: €2.01m (up 22% from FY 2019). Profit margin: 28% (up from 25% in FY 2019). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Feb 10
New 90-day high: €38.40 The company is up 39% from its price of €27.60 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 11% over the same period. Is New 90 Day High Low • Jan 11
New 90-day high: €36.80 The company is up 29% from its price of €28.60 on 13 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 18% over the same period. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 19% share price gain to €35.00, the stock is trading at a trailing P/E ratio of 21.3x, up from the previous P/E ratio of 17.9x. This compares to an average P/E of 26x in the Software industry in Germany. Is New 90 Day High Low • Dec 23
New 90-day high: €30.00 The company is up 9.0% from its price of €27.40 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 18% over the same period.