The benefits of Icecat’s IPO, a renewed focus on the business and the consolidation after the take-over of Iceshop B.V. are visible in the figures of Year Half 1, 2017. The annual revenue growth of Icecat N.V. has accelerated to 21.5% over the first six months of 2017, and led to revenues of 3.4 million euro. Both the national and international business contributed to the growth. The EBT of Icecat has improved by 17% to 452,099 euro in this period. And, during the first half year of 2017, also the cash position of Icecat has improved with 1.5 million euro thanks to the NPEX (Dutch SME exchange) listing, company profits and despite the realized take-over.
Non-financial KPIsRegarding non-financial KPIs, trends are positive: the number of data-sheet downloads has increased annually by 66% to 6.5 billion downloads by ecommerce companies and consumers. The number of supported brands has expanded by 15% to 16 thousand, the number of supported product categories grew by 30% to 4,175 and the number of registered ecommerce channel partners grew by 20% to 71 thousand.
Network effectsNetwork effects start to become visible now that also the ecommerce giants as Amazon, and Walmart start to deepen their co-operation with Icecat. And Icecat has been able to join forces with BOL, Carrefour, Lego and FUN in the toys sector, by supporting the creation of a standard for toys product content.
Download the full Icecat YH1 2017 report (pdf).
NL: zie het persbericht pr-cijfers-eerste-zes-maanden-2017-icecat-NL (pdf)
Read further: Invest, News
Your email address will not be published. Required fields are marked *