Ad Hoc Announcements 2006
26.10.2006
Intershop Communications AG Reports Third Quarter 2006 Financial Results
Jena, Germany – October 26, 2006 - Intershop Communications AG (Prime Standard: ISH2) today announced financial results for the third quarter of 2006, ended September 30, 2006.
In the third quarter of 2006, total revenues were EUR 4.9 million compared with EUR 4.3 million in Q2 2006 and EUR 3.9 million in Q3 2005. License revenues amounted to EUR 0.6 million in the third quarter of 2006, as against EUR 1.0 million in Q2 2006 and EUR 0.5 million in Q3 2005. Service revenues were EUR 4.3 million in the third quarter of 2006, compared with EUR 3.2 million in Q2 2006 and EUR 3.4 million in Q3 2005. Service revenues in the third quarter of 2006 include online marketing revenues amounting to EUR 0.7 million.
Total operating costs (cost of revenues plus operating expenses) including online marketing costs amounted to EUR 6.4 million in the third quarter of 2006, compared with EUR 5.4 million in the previous quarter and EUR 5.1 million in the third quarter of 2005.
Intershop reported Euro 1.6 million in net loss in the third quarter of 2006 or Euro 0.09 per share, compared to a net loss of Euro 1.3 million or a net loss of Euro 0.07 per share in the second quarter of 2006. In comparison, Intershop’s net loss in the third quarter of 2005 was Euro 1.5 million or a net loss of Euro 0.08 per share.
Total cash, including cash and cash equivalents, marketable securities, and restricted cash fell from Euro 13.5 million as of December 31, 2005 to Euro 12.8 million as of September 30, 2006. The amount of unrestricted cash included in this total amounting to EUR 5.2 million as of September 30, 2006, compared to Euro 7.3 million as of December 31, 2005. EUR 0.8 million in cash and cash equivalents was utilized in Q3 2006 to acquire SoQuero GmbH’s online marketing activities.
The full press release relating to this adhoc disclosure is available at www.intershop.com.
Investor Relations:
Annett Körbs
T: +49-3641-50-1370
F: +49-3641-50-1309
ir@intershop.de
Public Relations:
Dr. Ute Danz
T: +49-3641-50-1000
F: +49-3641-50-1002
pr@intershop.de
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