q.beyond AG

QBY

Equity

ISIN DE0005137004 / Valor 1062813

Xetra (2025-03-27)

EUR 0.80+0.75%

q.beyond AG
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About company

q.beyond AG is a leading IT service provider that specializes in helping SME customers navigate the digital landscape by offering solutions in Cloud, SAP, Microsoft, data intelligence, security, and software development. With a team of 1,100 employees and certified data centers in various locations, including Germany, Latvia, Spain, and India, the company is dedicated to providing secure and reliable digital solutions to its clients.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

In Q2 2024, q.beyond AG reported a revenue increase of €0.9 million, bringing the total revenue to €47.3 million. This growth reflects the company's successful strategies in expanding its market presence and enhancing its service offerings.

Free Cash Flow

q.beyond AG's free cash flow saw a significant improvement in Q2 2024, rising by €1.9 million to reach €0.8 million. This positive cash flow indicates the company's effective financial management and operational efficiency.

EBITDA Outlook

For the full year of 2024, q.beyond AG has budgeted a substantial rise in EBITDA. This projection underscores the company's confidence in its ongoing business strategies and its ability to generate higher earnings.

Customer Contracts

In Q2 2024, q.beyond AG successfully extended contract terms and scopes with existing customers. This achievement highlights the company's strong customer relationships and the value of its customized software solutions and apps, which integrate seamlessly with SAP and Microsoft platforms.

Analyst Recommendations

Analysts have recommended buying q.beyond AG shares, with price targets reaching up to €1.40. This positive outlook is based on the company's strong financial health, rising earnings strength, and strategic focus on profitable growth and sustainability.

Summarized from source with an LLMView Source

Key figures

39.6%1Y

-50.3%3Y

-16.2%5Y

Performance

42.0%1Y

46.2%3Y

42.5%5Y

Volatility