28 October 2020 |

asknet Solutions AG in the fast lane: The EdTech specialist presents a positive balance sheet for the first half of 2020

28.10.2020 - asknet Solutions operates in the fields of procurement, e-commerce, and payment transactions in the German-speaking region. In the first six months of last year, the EdTech specialist strengthened its balance sheet and paved the way for business expansion through organic growth and acquisitions. Thanks to comprehensive restructuring, the company could enter the profit zone. The Academics business unit alone achieved sales of EUR 13.8 million with 30 percent growth. The sale of Nexway Group AG also had a positive impact. Overall, asknet Solutions AG ‘s key earnings figures improved. Total assets increased from EUR 12.9 million as of December 31, 2019 to EUR 38.5 million as of June 30, 2020. Read more: https://asknet-solutions.com/news/company-news/asknet-solutions-ag-completes-restructuring-and-reports-positive-operating-result-in-the-first-half-of-2020,-significantly-strengthening-the-balance-sheet.html

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