Wenn du jetzt noch CKSR im Depot hättest, wäre der Coup perfekt!
Ich hatte ein Limit in Frankfurt bei 0,5Euro vorbörslich drin - hat leider nicht gezogen.
ClickSoftware Turns Profit, Positive Cash Flow As
Revenues Increase in First Quarter
Wednesday May 14, 7:31 am ET
BURLINGTON, Mass., May 14 /PRNewswire-FirstCall/ -- ClickSoftware Technologies, Ltd.,
(Nasdaq: CKSW - News) a leading provider of end-to-end service chain optimization software,
today announced results for the first quarter ended March 31, 2003.
For the first quarter of 2003, total revenues
were $5.1 million, with a consolidated net
income of $0.2 million, or $0.01 per share.
This compares with revenues of $3.1 million
and a net loss of $2.4 million, or $0.09 per
share, for the same period last year, and
revenues of $4.6 million and a net loss of
$4.1 million, or $0.16 per share (including
restructuring costs of $2.7 million, or $0.10
per share), in the fourth quarter of 2002.
Software license revenues for the first quarter
of 2003 were $2.2 million, while service
revenues were $2.9 million. This compares to
software license revenues of $1.0 million and
service revenues of $2.1 million in the first
quarter of 2002, and software license
revenues of $2.4 million and service
revenues of $2.2 million in the fourth quarter of 2002.
Gross profit in the first quarter of 2003 was $3.3 million, or 64% of revenues, compared to $1.7
million, or 54% of revenues, in the same period last year, and $2.8 million or 61% of revenues in
the fourth quarter of 2002.
Net cash from operating activities was a positive $2.0 million in the first quarter of 2003,
compared to a negative $0.3 million in the fourth quarter of 2002. The company increased its
cash reserves (cash, cash equivalents and short and long-term investments) by $2.0 million from
December 31, 2002. As of March 31, 2003, the company had cash, cash equivalents, and short
and long-term investments of $8.6 million. Total assets at the close of the quarter were $14.4
million and stockholders' equity was $6.9 million. Number of company's employees as of March
31, 2003 was 112. This means revenues of $46,000 per employee for the quarter, or roughly
$184,000 on an annualized run-rate.
"The results for the first quarter of 2003 signify two important milestones for ClickSoftware," said
Dr. Moshe BenBassat, ClickSoftware's Chairman and Chief Executive Officer. "First, we reached
profitability, and second, we started to generate cash again. While the economy continues to be
challenging, we believe that with the cost-cutting measures we took last year and continued
demand for our products we will be able to sustain this trend."
ClickSoftware signed five new clients in the first quarter: two in Europe, two in North America,
and one in New Zealand. The company continued to expand in the utility market with major wins
of National Grid in the UK and Pacific Corporation in the U.S. In New Zealand the company won
Fisher & Paykel, a leading vendor and service provider of home appliances. The company also
had significant repeat orders, primarily for additional licenses, as existing customers continue to
roll out ClickSoftware's solutions.
"We continue to strengthen our relationships with our strategic partners; e.g., National Grid is a
joint project with Accenture. Overall the percentage of deals that are influenced by our strategic
partners is increasing. Looking forward, we believe that we will be able to sustain similar levels of
revenues in the upcoming quarters," added Dr. BenBasssat.

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