Serenic
WKN: A0M91C
Hohes Wachstum, KUV unter 1(!), einstelliges KGV, keine Schulden, saubere Bilanz
Aktie hat in Kanada um 0,50 CAD schönen Boden gebildet.
Habe heute mal ein paar Stücke in Kanada zu 0,50 CAD bekommen. Denke, dass sollte mind. ein Verdoppler werden.
Schaut Euch mal die letzten Zahlen an. Hammer!
SERENIC REPORTS RECORD Q2 RESULTS
Edmonton, Alberta, Canada (October 30, 2007) – Serenic Corporation (the “Company” or “Serenic”) (TSXV: SER), an international software developer specializing in integrated financial management and HCM solutions for Non-Profit organizations, government agencies,
and Microsoft Dynamics NAV users, is pleased to announce its financial results for the three and six month periods ended August 31, 2007.
Revenue during the second quarter ended August 31, 2007 was $4,083,352, an increase of $1,985,646 or 94.7% from revenue of $2,097,706 recorded in same quarter of last year. Net income for the quarter was $1,025,021, up 263% from net income in the comparable period last year of $282,102. Earnings per share were $0.07 (basic and fully diluted) this quarter, versus $0.024 (basic and fully diluted) for the quarter ended August 31, 2006.
The record quarter for Serenic, with respect to revenue and net income, was due in part to the completion of the Company’s first seven figure transaction, as previously announced in July 2007. Other six figure transactions from both the direct and partner sales channels also contributed to these impressive results. Software maintenance revenue increased over last year due to a higher number of contracts and an increase in the average initial license fees on those contracts while client services revenue for the quarter was on par with that of last year. The higher overall revenues generated a higher gross margin, which was partially offset by operating cost increases and in particular, salaries and employee benefits, as the Company continues to grow its employee base in order to generate
more revenue growth.
Revenue for the six month period ended August 31, 2007 was $5,908,931, an increase of $2,227,512 or 60.5% from revenue of $3,681,419 recorded in the six months ended August 31, 2006. Net income rose by $503,104 or 221.6% to $730,167 in the current six month period from $227,063 recorded in the same period last year. Earnings per share
were $0.06 (basic) and $0.05 (fully diluted), this six month period, versus $0.02 (basic and fully diluted) for the six months ended August 31, 2006.
During the six month period ended August 31, 2007, higher revenues were generated from the sale of software licences and maintenance contracts. The overall higher sales had a very positive effect on gross margin which rose by $1,031,864 or 32.8% from $3,141,720 in the six months ended August 31, 2006 to $4,173,584 in the current six month period. Operating expenses increased by $618,569 from $3,010,009 last year to $3,628,578 for the six month
period this year. The increase is primarily due to additional salaries and employee benefits expense as the Company continues to ramp-up its employees base for future revenue growth. Higher marketing expenses were incurred as the Company revised its programs of sales lead generation and print advertisements. As the gross margin increase superseded the expense increase, this created the significant increase in net income as noted above.
During the quarter, the Company finalized two private placement financings, which in total resulted in an infusion of new cash of $1.6 million. The Company also announced it had signed Tanzania-based Techno Brain, as its African distributor. Techno Brain, with more than 300 employees, is Microsoft’s premiere partner for African markets. In July 2007, Serenic received 3 honours of distinction from Microsoft – being named to Microsoft’s President’s Club for sales achievements; being named to the Inner Circle Club, which consists of the top 1% of Microsoft’s partners world-wide (67 in total); and being named as Microsoft’s Top Dynamics Independent Software Vendor (“ISV”) for 2007, selected from more than 8,000 Dynamics partners world-wide.
Subsequent to the quarter end, the Company also engaged the Calgary-based Howard Group to commence an investor relations program designed to increase awareness of the Company and its opportunities for followers, analysts and investors.
Outlook
In Q2, the Company has demonstrated that it can team with world-class partners to win business against large software competitors supplying the Not-for-Profit industry. We intend to continue our strategy of accelerating sales in North America and selected international markets through direct, distributor and partner channels, and by
collaborating with Microsoft and its reseller partner network.