Heiler Software, one of the leading providers of product information management (PIM) solutions and catalog management systems in purchasing, presented its figures for the 2010/11 fiscal year (October 1, 2010 - September 30, 2011). During the 2010/11 fiscal year, Heiler Software achieved new record values in sales and operational profits. Group sales increased from 11.79 million EUR to 17.41 million EUR (+48%).
All regions contributed to the high increase. The strong growth of license revenue was particularly pleasing, as it more than doubled compared to the previous year from 2.13 million EUR to 4.42 million EUR (+108%) and thus made a considerable contribution to the strong improvement in the operational profits before interest and profit tax by 1.65 million EUR to 0.89 million EUR. The profits after tax improved by 1.91 million EUR to 1.45 million EUR. This caused the profits per share to increase by 0.17 EUR to 0.13 EUR.
The shareholders' equity increased from 19.83 million EUR to 20.86 million EUR. This corresponds to 82% of the total. Liquid assets increased at the end of the fiscal year to 15.80 million EUR (previous year: 15.52 million EUR). The company remains free of bank loans. In this way, Heiler Software continues to be in an exceptionally solid financial position.
For the 2011/12 and 2012/13 fiscal years, the management expects the dynamic growth to continue with annual increases in sales of over 20% and further increases in profits.