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    GKS   DE0007571424

GK SOFTWARE SE

(GKS)
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GK Software : establishes partnership with Abacus

06/23/2021 | 09:53am EDT

GK Software announces its Innovation Partnership with Abacus Solutions International Group, providing Lottery Everywhere. The Abacus Lottery Fusion Platform brings retailers, lottery, and vendors together - to ensure lottery can be played as seamlessly as possible across all channels of a retailers point of sale solution. It removes retailers' need to create cumbersome integrations to game providers on dedicated terminals, and it simplifies the entire deployment and engagement process. The Abacus Lottery App is now available as an AppEnablement plug-in to CLOUD4RETAIL OmniPOS, allowing retailers to offer lottery sales at any checkout, increasing basket size and revenue.

CLOUD4RETAIL is GK Software's flexible, open commerce platform providing services for the operation of integrated unified commerce environments from in-store and online touchpoints through to mobile devices. The platform is enriched by innovative services such as AI-based dynamic pricing, personalization, fraud detection, and mobile applications. Now available with Azure, SAP Cloud, and IBM, the extensive expansion and customization options of the various CLOUD4RETAIL services can be used on a wide range of devices.

'The partnership with GK and their innovative AppEnablement allows us to offer retailers the Abacus managed lottery services in a simple and effective way, cutting significant effort and time for retailers and allowing them to realize increased sales and a broader, more integrated way of selling lottery to their customers' says Simon Butler, Abacus CEO. 'We are glad to be able to offer our customers, leading retailers in over 65 countries, such a quick and simple way to introduce lottery, everywhere. Increasing retailers revenue and pleasing their consumers' says Orit Bar-Ad, GK Software Portfolio Director.

See a demo here.

About ABACUS

Abacus - the gateway at the heart of connecting consumers, retailers and lotteries in the global market. With an established presence in Europe operating for the last six years Abacus is actively growing their market presence in North America. Abacus believes the future of lottery lies in integrating into the existing retailer and consumer infrastructures by providing a highly secure transaction gateway that enables all parties to work together and create mutual growth. The Abacus Fusion Platform sits at the heart of connecting consumers, retailers, and lotteries, with the Abacus team managing integration from start to finish. Abacus is building long term relationships by working together to develop new and innovative solutions. We use cutting edge technology, created by forward thinking industry experts, the Abacus gateway enables lotteries and retailers to respond to the ever-changing consumer market with speed, agility, reliability, and integrity. For more information visit: www.lotteryeverywhere.com.

Disclaimer

GK Software SE published this content on 23 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2021 13:52:04 UTC.


ę Publicnow 2021
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Financials
Sales 2021 136 M 159 M 159 M
Net income 2021 14,6 M 17,1 M 17,1 M
Net Debt 2021 2,55 M 2,99 M 2,99 M
P/E ratio 2021 26,2x
Yield 2021 -
Capitalization 369 M 432 M 432 M
EV / Sales 2021 2,73x
EV / Sales 2022 2,30x
Nbr of Employees 1 094
Free-Float 46,4%
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Mean consensus BUY
Number of Analysts 4
Last Close Price 164,00 €
Average target price 196,00 €
Spread / Average Target 19,5%
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Managers and Directors
Rainer Glń▀ Chief Executive Officer
AndrÚ Hergert Chief Financial Officer
Philip Reimann Chairman-Supervisory Board
Thomas Bleier Deputy Chairman-Supervisory Board
Herbert Zinn Member-Supervisory Board
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