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10TACLE STUDIOS AG Again Exceeds All Expectations in 2006
By: PR Newswire
Mar. 30, 2007 01:44 PM
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DARMSTADT, Germany, March 30 /PRNewswire/ -- - Consolidated Revenue Up by Around 64% to Over EUR29 Million 10TACLE STUDIOS AG has reported significant revenue and earnings growth in fiscal year 2006: Consolidated revenue generated by the developer and producer of high-end computer and video games increased by 64% in the past fiscal year to EUR29.285 million (previous year: EUR17.896 million). During the same period, EBIT increased sharply by 180% to EUR4.708 million (previous year: EUR1.684 million). 10TACLE STUDIOS AG's adjusted EBITDA improved by 165% to EUR7.235 million (previous year: EUR2.730 million). Overall, the consolidated profit after minority interest rose by 174% in the period under review to EUR2.892 million (previous year: EUR1.057 million). The Company's earnings per share were EUR0.63, compared with EUR0.40 in the previous year. Michele Pes, Chief Executive Officer of 10TACLE STUDIOS AG, said: "2006 was an extremely successful and important year for our Company. We have clearly exceeded both our own goals and analysts' expectations. We are extremely optimistic that 10TACLE STUDIOS AG will continue this path in the current fiscal year 2007. As a result of the cooperation with MTV that we reported yesterday, we believe that we can achieve and even exceed analysts' expectations in 2007." About 10TACLE STUDIOS AG: Listed in the General Standard of the Frankfurt Stock Exchange, 10TACLE STUDIOS AG (WKN: TACL10, ISIN: DE000TACL107) is one of Europe's leading independent developers and producers of high-end computer and video games. 10TACLE STUDIOS AG produces top-quality products that meet international development standards, and its product portfolio covers all relevant, high-growth segments in the games market. Currently, around 290 employees work for the Company at its headquarters in Darmstadt and the development sites in Darmstadt, Hanover, Duisberg, London, Charleroi, Bratislava and Singapore. Contact: 10TACLE STUDIOS AG Frank Holz Tel.:+49-(0)6151-3973821 Fax: +49-(0)6151-3973810 E-mail: ir@10tacle.com 10TACLE STUDIOS AG
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hereditary JBuilder,
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web ventures into PHP and
Ruby, said to be used by
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Embarcadero Technologies
is b
According to Sean Walsh,
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their RIAs submittals and
Skyway Builder extensions
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