Trading Update Q4 and full year financial statements
Financial information in this press release is unaudited


Breukelen, the Netherlands, November 15th, 2017

Fiscal year 2017 (period Oct. 1, 2016 – Sept. 30, 2017).
Total revenue amounts to € 18.854k (2016: € 20.250k)
SaaS and hosting revenue amounts to € 9.981k (2016: € 9.818k)
EBITDA amounts to € 1.575k (2016: € 2.066k)
EBIT (excl. impairment and one time charges) amounts to € 296k (2016: € 786k)
EBIT (incl. goodwill impairment and one time charges) amounts to € - 2.129k
FLOW order Intake € 12.5 mln. (2016: € 9.8 mln)
FLOW SaaS Order intake at 55% of total order intake (2016: 45%)
Recurring revenue of 72.5% (2016: 67.9%)
Full year 2017 EBITDA of € 1.575k or 8.3% (2016: € 2.066k)

TIE Kinetix (hereinafter “TIE”), the leading provider of cloud-managed Business Integration, E-Commerce, Demand Generation, and Business Analytics services today released the results for the fourth quarter and full fiscal year

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