Exasol

EQS-News: Exasol wins series of major contracts in financial services sector with Exasol Espresso

Retrieved on: 
Tuesday, December 26, 2023

Nuremberg, Dec. 15, 2023: Exasol AG, a global technology company and provider of a high-performance analytics database, continues to significantly expand its sales with customers in the financial services sector.

Key Points: 
  • Nuremberg, Dec. 15, 2023: Exasol AG, a global technology company and provider of a high-performance analytics database, continues to significantly expand its sales with customers in the financial services sector.
  • This includes the largest single new business win in the company's history at a seven-digit Euro value with a leading German financial services provider.
  • In addition to this contract extension, Exasol won a leading U.S. financial services provider as a new customer.
  • In combination with significant business expansions at two other European and one American customer, the mentioned business wins constitute a major expansion of Exasol’s presence in the financial sector.

Top Customer-Rated Exasol Espresso Gets Boost of AI

Retrieved on: 
Monday, November 13, 2023

Exasol Espresso , the world’s fastest, most versatile query engine that plugs right into existing data stacks, today integrated with self-service analytics provider Veezoo .

Key Points: 
  • Exasol Espresso , the world’s fastest, most versatile query engine that plugs right into existing data stacks, today integrated with self-service analytics provider Veezoo .
  • Veezoo’s AI feature offers smart suggestions for follow-up questions to guide data exploration, transforming data analysis into an engaging, interactive experience.
  • The integration of Exasol Espresso with Veezoo is a major milestone for bringing generative AI to organizations and enabling them to truly become data-driven.”
    Exasol Espresso customers harness the full potential of their data by extracting value through faster, cheaper, and deeper insights.
  • “After introducing Exasol Espresso as our acceleration layer, query response times have been slashed to less than 10 seconds.

EQS-News: Mountain Alliance AG finalizes sale of listed investments - further exits in advanced negotiations

Retrieved on: 
Thursday, December 14, 2023

Munich, 27 November 2023 – Mountain Alliance AG (MA, ISIN DE000A12UK08) has completed the sale of its listed investments as part of its strategic focus.

Key Points: 
  • Munich, 27 November 2023 – Mountain Alliance AG (MA, ISIN DE000A12UK08) has completed the sale of its listed investments as part of its strategic focus.
  • After Mountain Alliance AG had already completely sold its remaining stake in Exasol AG in the first half of 2023, the complete exit of Bio-Gate AG has now followed.
  • Mountain Alliance is also in advanced negotiations to sell further investments.
  • These include the sale of the remaining 1% stake in AlphaPet, where Mountain Alliance AG has already realized profitable partial exits in the past.

EQS-News: Exasol confirms preliminary quarterly figures, ARR increases by 10% to EUR 37.0 million, profitability significantly improved

Retrieved on: 
Wednesday, December 13, 2023

Exasol confirms preliminary quarterly figures, ARR increases by 10% to EUR 37.0 million, profitability significantly improved

Key Points: 
  • Exasol confirms preliminary quarterly figures, ARR increases by 10% to EUR 37.0 million, profitability significantly improved
    The issuer is solely responsible for the content of this announcement.
  • Annualized recurring revenue (ARR) increased by 10.4% to EUR 37.0 million (30.09.2022: EUR 33.5 million).
  • Group revenue increased by 6.0% to EUR 26.3 million in the period from January to September 2023 (9M 2022: EUR 24.8 million).
  • Cash and cash equivalents at the end of 2023 are expected to be between EUR 11.0 million and EUR 13.0 million.

EQS-News: Exasol publishes preliminary third quarter figures: ARR and operating result improved but below expectations - full-year guidance for 2023 adjusted

Retrieved on: 
Tuesday, November 7, 2023

Exasol publishes preliminary third quarter figures: ARR and operating result improved but below expectations - full-year guidance for 2023 adjusted

Key Points: 
  • Exasol publishes preliminary third quarter figures: ARR and operating result improved but below expectations - full-year guidance for 2023 adjusted
    The issuer is solely responsible for the content of this announcement.
  • Exasol publishes preliminary third quarter figures: ARR and operating result improved but below expectations - full-year guidance for 2023 adjusted
    Nuremberg, Oktober 30, 2023: Exasol AG has increased its Annualized Recurring Revenue (ARR) to EUR 37.0 million at the end of the third quarter, based on unaudited preliminary results as of September 30, 2023 (September 30, 2022: EUR 33.5 million).
  • As of October 27, 2023, the ARR therefore had already further increased to a total of EUR 38.3 million (+14% year-on-year).
  • "The third quarter showed increasing momentum in ARR development, even though some contracts could not be closed until early October," says Jörg Tewes, CEO of Exasol.

EQS-News: EXASOL AG: Exasol publishes half-year report and confirms preliminary figures

Retrieved on: 
Tuesday, August 22, 2023

According to the report, annualized recurring revenues (ARR) increased by 13.1% to EUR 36.3 million (June 30, 2022: EUR 32.1 million).

Key Points: 
  • According to the report, annualized recurring revenues (ARR) increased by 13.1% to EUR 36.3 million (June 30, 2022: EUR 32.1 million).
  • Revenue increased by 10.6% to EUR 17.8 million in the first half of 2023 (H1 2022: EUR 16.1 million).
  • Together with an improved cost structure, the operating result (EBITDA) increased to EUR -3.7 million (H1 2022: EUR -4.1 million).
  • EBITDA) was EUR -3.4 million (H1 2022: EUR -6.0 million), which corresponds to an improvement of 43.3%.

EQS-News: Exasol publishes preliminary figures for the first half of 2023, outlook confirmed

Retrieved on: 
Tuesday, August 8, 2023

Exasol publishes preliminary figures for the first half of 2023, outlook confirmed

Key Points: 
  • Exasol publishes preliminary figures for the first half of 2023, outlook confirmed
    The issuer is solely responsible for the content of this announcement.
  • Exasol publishes preliminary figures for the first half of 2023, outlook confirmed
    - Cash and cash equivalents at EUR 11.7 million as of June 30, 2023
    Nuremberg, 8.
  • "Several major customer projects that we expected to close in the first half of the year were postponed to the second half.
  • As a result, overall revenue development in the first half of the year fell short of our expectations," explains Jörg Tewes, CEO of Exasol AG.

EQS-News: EXASOL SUCCESSFULLY COMPLETES CAPITAL INCREASE AND GENERATES GROSS PROCEEDS OF 7.1 MILLION EUROS

Retrieved on: 
Friday, June 30, 2023

Nuremberg, 30.06.2023 - Exasol AG (ISIN DE000A0LR9G9) has successfully placed 2,443,887 new shares with institutional and qualified investors.

Key Points: 
  • Nuremberg, 30.06.2023 - Exasol AG (ISIN DE000A0LR9G9) has successfully placed 2,443,887 new shares with institutional and qualified investors.
  • The new shares were placed at a price of EUR 2.90 per share, resulting in gross proceeds of approximately 7.1 million euros.
  • The net proceeds from the Capital Increase are primarily to be used to improve the Company's equity base.
  • Hauck Aufhäuser and M.M.Warburg & CO acted as Joint Global Coordinators for the capital increase.

EQS-News: Exasol Unveils the No-Compromise Analytics Database Unlocking Greater Productivity, Cost-Savings, and Flexibility

Retrieved on: 
Thursday, June 1, 2023

Exasol Unveils the No-Compromise Analytics Database Unlocking Greater Productivity, Cost-Savings, and Flexibility

Key Points: 
  • Exasol Unveils the No-Compromise Analytics Database Unlocking Greater Productivity, Cost-Savings, and Flexibility
    The issuer is solely responsible for the content of this announcement.
  • Exasol Unveils the No-Compromise Analytics Database Unlocking Greater Productivity, Cost-Savings, and Flexibility
    Nuremberg – May 30, 2023 – Exasol today unveiled its no-compromise analytics database, which delivers more productivity, savings, and flexibility for enterprises to better manage data in the cloud, SaaS, on-premises, or hybrid.
  • With Exasol, customers can run analytics anywhere their data lives – on-premises, cloud or across multiple clouds – with no rip-and-replace, no need to move data sets, no cost shocks.
  • Run analytics or machine learning (ML): Exasol's ML capabilities are built directly into the in-memory database engine, to deliver even greater efficiencies and cost savings.

Exasol Unveils the No-Compromise Analytics Database Unlocking Greater Productivity, Cost-Savings, and Flexibility

Retrieved on: 
Tuesday, May 30, 2023

Exasol today unveiled its no-compromise analytics database, which delivers more productivity, savings, and flexibility for enterprises to better manage data in the cloud, SaaS, on-premises, or hybrid.

Key Points: 
  • Exasol today unveiled its no-compromise analytics database, which delivers more productivity, savings, and flexibility for enterprises to better manage data in the cloud, SaaS, on-premises, or hybrid.
  • With Exasol, customers can run analytics anywhere their data lives – on-premises, cloud or across multiple clouds – with no rip-and-replace, no need to move data sets, no cost shocks.
  • “Exasol believes customers shouldn’t ever have to make compromises with their analytics databases, especially during these times of economic uncertainty and reduced IT budgets.
  • Run analytics or machine learning (ML): Exasol's ML capabilities are built directly into the in-memory database engine, to deliver even greater efficiencies and cost savings.