- IXOS SOFTWARE AG today announced its
preliminary results for the fourth quarter and the fiscal year ended
June 30, 2001, posting a return to profitability and successful
strategic restructuring. The company met its revenue goals for the
fourth quarter while at the same time cutting operating costs by 24%
year-on-year. According to the preliminary figures, IXOS generated
revenues in the fourth quarter of Euro 32.3 million (fiscal 2000:
Euro 29.0 million). Earnings before tax amounted to Euro 3.6 million
(fiscal 2000: Euro -10.4 million), and the operating profit to Euro
2.2 million (fiscal 2000: Euro -10.0 million). Earnings after tax are
expected to total Euro 3.8 million (fiscal 2000: Euro -21.7 million).
This corresponds to earnings per share of Euro 0.19 (Euro -1.11).
In fiscal year 2000/2001, IXOS generated sales of Euro 117.0
million according to its preliminary figures (Euro 107.7 million).
Group operating costs amounted to Euro 76.0 million (Euro 93.6
million), while the operating profit rose to Euro 6.0 million (Euro
-24.3 million). Earnings before tax totaled Euro 7.6 million, as
opposed to a loss of Euro 22.4 million for the previous year.
Earnings after tax are expected to amount to Euro 6.8 million (Euro
-27.1 million), resulting in earnings per share of Euro 0.34 (Euro
These results are compelling proof of IXOS' successful turnaround.
The company's performance exceeded expectations, with a return on
sales of 11% in the fourth quarter and 6% for the entire fiscal year.
Management considers the Company well positioned to achieve further
profitable growth as the leading provider of solutions for eBusiness
The consolidated balance sheet as of June 30, 2001 recorded total
assets of Euro 90.0 million, while the equity ratio amounted to 63%
and the cash ratio to 33% of total assets. IXOS employed 748 staff
worldwide as of June 30, 2001 (previous year: 969).
IXOS is a leading global provider of solutions for the management
of eBusiness documents in inter-enterprise system environments. IXOS
solutions drive the administration of all eBusiness documents and
their seamless integration into digital business processes.
Leading companies from a wide range of industries have selected
IXOS SOFTWARE AG to be their strategic partner. IXOS has successfully
implemented more than 1,550 installations worldwide, over 940,000
users now work with the company's eBusiness document solutions. IXOS
rounds off its product portfolio with a comprehensive range of
services, including worldwide 24x7 customer support and a global team
of highly qualified consultants.
IXOS SOFTWARE AG's shares are traded on the Neuer Markt of the
Frankfurt Stock Exchange under the symbol "XOS" (WKN 506150). In the
USA, American Depositary Shares (ADSs) are listed on the NASDAQ
National Market under the symbol "XOSY".
ots Originaltext: IXOS SOFTWARE AG
IXOS SOFTWARE AG
Gala Conrad, Dir Investor Relations
Bretonischer Ring 12
D-85630 Grasbrunn / Munich
Phone +49 89 46 29 2400
Fax +49 89 46 29 33 2200
205 Lexington Avenue
New York, NY 10016-6022
Phone +4 212 889 4350
Fax +1 212 683 2614