Key revenue performance indicator at weclapp reaches new record level

  • Annual recurring revenues (ARR) of weclapp SE exceed EUR 10 million for the first time
  • Annual recurring revenues (ARR) of the weclapp group exceed EUR 15 million
  • More than 7,000 customers worldwide use weclapp platforms

Marburg, 23 February 2022 – weclapp SE, a subsidiary of 3U HOLDING AG (ISIN DE0005167902), has passed new milestones in the course of its continued strong organic growth. The annualised recurring revenues (ARR) in the weclapp SE itself exceeded the EUR 10 million mark for the first time and at the same time in the weclapp Group (weclapp SE including its subsidiaries ITscope GmbH and FinanzGeek GmbH) exceeded the EUR 15 million mark. The indicator is calculated based on the advance payments already received from customers and therefore describes the respective current basis for ongoing organic growth. The continuous increase of recurring revenues is an essential strategic business objective.

Customers of the weclapp group receive access to cloud-based, innovative solutions on the basis of long-term contracts in return for subscription fees, which are usually paid in advance (software-as-a-service). The subscription fees are reported as so-called monthly recurring revenue (MRR) in monthly amounts. To calculate the ARR, the recurring revenues generated in the current month are multiplied by twelve. Each month, this key figure increases in line with the ongoing growth in customers and users. In terms of the number of customers, another milestone was already reached in the fourth quarter of 2021: more than 7,000 customers in over 30 countries worldwide now use the cloud-based platforms of the weclapp Group.

Recurring revenues account for more than 85 % of total revenues in the weclapp group. One-off revenues are mainly generated for individual software development and partner and online Training.

Ertan Özdil, weclapp founder and CEO, is pleased about the promising start into the new business year: “We dynamically continue our growth course. The figures are proof of the attractiveness of our platforms and our business model. It is virtually infinitely scalable and entails a high degree of visibility and planning security. It is our goal to make the weclapp platforms the preferred solutions for small and medium-sized enterprises – in Germany and internationally.”

The cloud platforms developed by weclapp and hosted in Germany and Switzerland enable small and medium-sized enterprises in particular to manage their core business processes with one login, one user interface and one platform, based on state-of-the-art technology and at an affordable price. This enables customers to improve their profitability and efficiency.

 

Further Information: 
Dr Joachim Fleing
Investor Relations
3U HOLDING AG
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
E-mail: ir@3u.net

About 3U:
3U HOLDING AG (www.3u.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market.

3U HOLDING AG’s shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).

weclapp receives the German B2B Award 2022

  • 1st place for weclapp in the category “price-performance ratio” among ERP providers
  • weclapp “Outstanding” in all categories across all industries
  • weclapp is one of the three best ERP Systems

Marburg, 16 February 2022 – weclapp SE, a subsidiary of 3U HOLDING AG (ISIN DE0005167902) receives top marks in all categories of the DtGV study (German Association for Consumer Studies) in this year’s German B2B Awards. The study results were officially published yesterday at www.dtgv.de. They show that weclapp is one of the best ERP systems from the point of view of the surveyed customers. In the category “price-performance ratio”, the weclapp ERP platform takes 1st place and is thus crowned industry champion.

In the cross-industry comparison of 1,387 companies from 101 industries, weclapp SE is among the top 20 % in all three categories examined: “customer satisfaction”, “customer service” and “price-performance ratio” and was awarded the top mark “Outstanding” on a 10-point scale. In an online customer survey, decision-makers from middle and top management gave their opinion in December 2021. Only providers that had received at least 50 ratings were included in the final Evaluation.

The DtGV study is independent; 100,000 decision makers from the B2B sector are surveyed annually. According to the DtGV, the aim of the empirical study is to provide an orientation aid for customers. weclapp stands out against its competitors and convinces customers on all levels. In order to maintain and expand this market position, weclapp cooperates closely with the user and partner community and constantly improves its product.

“It is our goal to make weclapp the preferred ERP solution for SMEs in Germany and abroad. The satisfaction of our German customers and the constant growth in the number of customers and revenue shows us that we are on the right track! Our aim is to join together the digitisation of business processes with access to the latest technological solutions, thus democratising the pinnacle of cutting-edge solutions – for our existing customers as well as for future users all over the world,” says founder and CEO Ertan Özdil.

 

Further Information: 
Dr Joachim Fleing
Investor Relations
3U HOLDING AG
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
E-mail: ir@3u.net

About 3U:
3U HOLDING AG (www.3u.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market.

3U HOLDING AG’s shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).

Statement on Clearstream Announcement “weclapp SE: Admission to collective safe custody and CASCADE-RS – Update”

Joint press release of 3U HOLDING AG and weclapp SE

Marburg and Frankfurt/M., Germany, 04 February 2022 – Clearstream AG announced on 02 February 2022 that the admission of registered shares of weclapp SE to collective safe custody of weclapp SE has been postponed indefinitely. This is a technical process for registered shares, which does not result from an initiative of weclapp SE. This implies that the necessary technical requirements for the establishment of collective safe custody of the shares on the part of Clearstream are being met.

The executive boards of weclapp SE and 3U HOLDING AG declare in this regard: It was announced in August 2021: “The Executive Board of weclapp SE decided on July 26, 2021, (…) to [aim for] a date for the possible IPO of the company (…) in the course of the first half of 2022.” The realization of this possibility was and is subject to a favourable stock market environment. This is still the resolution position and preparations for a possible IPO are ongoing; however, a date has not yet been set.

 

Contact at 3U HOLDING AG
Dr. Joachim Fleïng
Head of Investor Relations
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
Email: ir@3u.net www.3u.net

About 3U:
3U HOLDING AG (www.3u.net) 3U HOLDING AG (www.3u.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market. 3U HOLDING AG’s shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).

Contact at weclapp SE
Dr. Stephanie Nickel
Corporate Communications
Tel.: +49 69-33390-2211
Mobil: +49 177-5552955
Email: nickel@weclapp.com
www.weclapp.com | www.weclapp.se

About weclapp:
weclapp SE was founded in 2008 and has been offering the cloud-based platform of the same name since 2013. Since market entry, the company has grown by an average of almost 100% (CAGR) and is turning a profit. With Software-as-a-Service (SaaS), it mainly addresses small and medium-sized enterprises, with integrated ERP (Enterprise Resource Planning) and CRM (Customer Relationship Management) functionalities in particular. Customers thus have unrestricted access to their business transactions and data from any Internet-enabled device and from any location connected to the Internet. With storage and computing capacities in Germany and Switzerland and ISO 27001 certification, weclapp offers a high level of data security. The platform has repeatedly won awards as ERP system of the year. weclapp SE operates out of Frankfurt am Main and maintains branches in Marburg Kitzingen. Karlsruhe and Worms It is a subsidiary of Marburg-based 3U HOLDING AG. www.linkedin.com/company/weclapp.