Binect AG, MA10:FRA profile

Price (EUR)1.83
Today's Change-0.05 / -2.66%
Shares traded45.00
1 Year change-11.17%
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Data delayed at least 15 minutes, as of Nov 15 2024 14:29 GMT.

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About the company

Binect AG, formerly MAX21 AG is a Germany-based technology holding that specializes in the areas of information security and digital communications. Among others, the Company holds interests in Binect GmbH and KeyIdentity GmbH. The company is a provider of encrypted communication, and develops software that allows or collect and coordinate e-mails from various platforms. In cooperation with Deutsche Post AG, Binect GmbH offers a hybrid business communication and postal distribution solution, including printing, enveloping, franking and delivery.

Revenue in EUR (TTM)17.02m
Net income in EUR-272.77k
Incorporated2005
Employees47.00

Location
Binect AGBrunnenweg 17WEITERSTADT 64331GermanyDEU
Phone+49 61 519067200
Fax+49 61 516291029
Websitehttps://www.binect.com/

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Income statement (EUR)

Year on year Binect AG had net income fall -36.77% from 154.70k to 97.81k despite a 18.43% increase in revenues from 12.48m to 14.78m. An increase in the cost of goods sold as a percentage of sales from 55.04% to 55.48% was a component in the falling net income despite rising revenues.

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