asknet Solutions at a Glance

asknet Solutions AG is a leading procurement, e-commerce and payment specialist. We offer software procurement and sales services for European academic institutions, students and alumni. The procurement portals offered by asknet are used by more than 80% of German colleges and universities.

Headquarter
Karlsruhe (Germany)

Executive Board
Christian Herkel (CEO)
Jan Schulmeister (CFO)

Supervisory Board
Aston Fallen, Chairman, Entrepreneur
Thomas Garrahan, Deputy Chairman, Executive Director of AlphaQ Ltd, Gingins (Switzerland)
Matthew Baile, CEO of DirecSource Asia (Hong Kong)

Listing
Frankfurt Stock Exchange (Basic Board)

Accounting standard
HGB (German Commercial Code)

Established
September 12, 1995

Investment Highlights

  • Dominant position in the German-speaking academic market
  • Strategic focus on EdTech with a new senior management team and an extended business development team
  • Successful projects in 2020 with the IBM federal state framework agreement, the DELL hosted shopping application and the Blackboard partnership
  • Focus on operating profitability in 2021; ready to invest in growth

Key Figures of asknet Solutions AG

(in million euros) 2013201420152016201720182019
Sales revenues 82.21 89.38 73.32 68.72 66.16 85.84 84.31
Gross profit 10.38 10.64 10.39 8.92 8.52 9.65 9.30
Gross profit margin 12.6% 11.9% 14.2% 13.0% 12.9% 11.2% 11.1%
EBT 0.24 0,11 0.09 -1.83 0.58 -1.86 -2.67
Net profit 0.23 0.10 0.08 -2.50 0.07 -1.83 -2.67

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