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    GKS   DE0007571424


SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

PRESS RELEASE : GK Software with an innovation offensive in the cloud development of GK SPOT, the first native, cloud-based big data solution for the retail sector

03/16/2021 | 10:20am EDT
DGAP-News: GK Software SE / Key word(s): Product Launch 
GK Software with an innovation offensive in the cloud development of GK SPOT, the first native, cloud-based big data 
solution for the retail sector 
2021-03-16 / 16:17 
The issuer is solely responsible for the content of this announcement. 
GK Software is launching an innovation offensive and has started to develop a new, ground-breaking range of solutions 
for the retail trade. Using the heading "A new deal for the retail industry", the development of GK SPOT, a completely 
new cloud-based big data service, will be the special major focus here. 
GK SPOT is currently being developed as a big data solution that is tailored to the needs of the retail sector on the 
tried and tested CLOUD4RETAIL platform; it aims to eliminate existing restrictions and tap into new possibilities. The 
Fiskal Cloud solution was also developed on the CLOUD4RETAIL platform using the latest technologies and it is now 
handling more than ten million transactions in real time every day. In addition to GK SPOT, GK's innovation offensive 
also includes the Omnibasket.com open platform, which opens up a unique type of retail enterprise solution for 
extensions for customers and innovators as well as new omni-channel solutions, for example, for managing orders. 
The Management Board at GK Software assumes that GK SPOT will enable the company to further extend the competitive edge 
that the CLOUD4RETAIL platform already enjoys and create the basis for ongoing, high-value cloud solution services for 
the retail sector. The company is planning to launch the new solution in the market place in 2021. 
About GK Software SE 
GK Software SE is a leading developer and provider of standard software for the retail sector, and currently counts 22 
percent of the world's 50 largest retailers among its customer base. According to a study published by RBR 2020, the 
Company is one of the leading international providers of POS software and is the second-fastest growing business in the 
industry in terms of the number of installations worldwide. The company offers an extensive range of solutions for 
stores and enterprise headquarters as well as for the implementation of contemporary omni-channel retail concepts. 
Thanks to its open and platform-independent software solutions in the GK/Retail Suite, the company has established 
itself as one of the market's leading providers of technology and innovations. Its solutions enable retail chains with 
numerous stores to optimize their business processes and to benefit from significant potential for saving costs and 
implementing customer loyalty programs in order to improve their competitiveness. In addition to its own software 
solutions, GK Software SE also offers customers a comprehensive range of implementation and maintenance services. 
Having been acquired in 2013, AWEK GmbH and in 2015, the retail segment of DBS Data Business Systems Inc. In 2017, the 
company acquired a majority shareholding in prudsys AG, a company focused on artificial intelligence. In 2018, the 
valuephone GmbH was acquired, which develops leading solutions for mobile consumers. 
The company employs 1,071 members of staff (figures for 30 September 2020) across its headquarters in Schöneck 
(Germany) and other business locations in Germany, Czech Republic, Switzerland, South Africa, Russia, Ukraine and the 
USA. GK Software SE's customers include many well-known retailers, including Adidas, Edeka, Lidl, Aldi, Coop 
(Switzerland), Hornbach, Migros, Grupo Kuo and Walmart. The software is currently being used at almost 500,000 retail 
and payment installations across approximately 100,000 stores in more than 60 countries. The company has grown rapidly 
in recent years and its sales revenues totaled EUR 115.4 million in 2019. Since launching the company in 1990, the two 
founders Rainer Gläß (CEO) and Stephan Kronmüller (deputy board member), together with the experienced management team, 
have shaped GK Software into a profitable company exhibiting strong growth. 
Further information about the company: https://www.gk-software.com 
Investor Relations 
GK Software SE 
Dr. René Schiller 
Phone: +49 (0)37464-84-264 
Fax: +49 (0)37464-84-15 
E-mail: rschiller@gk-software.com 
2021-03-16 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:     English 
Company:      GK Software SE 
              Waldstraße 7 
              08261 Schöneck 
Phone:        +49 (0)3 74 64 84 - 0 
Fax:          +49 (0)3 74 64 84 - 15 
E-mail:       info@gk-software.com 
Internet:     www.gk-software.com 
ISIN:         DE0007571424 
WKN:          757142 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Munich, Stuttgart, 
              Tradegate Exchange 
EQS News ID:  1176099 
End of News   DGAP News Service 

1176099 2021-03-16

(END) Dow Jones Newswires

March 16, 2021 11:19 ET (15:19 GMT)

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More news
Sales 2021 134 M 158 M 158 M
Net income 2021 11,2 M 13,2 M 13,2 M
Net Debt 2021 4,85 M 5,73 M 5,73 M
P/E ratio 2021 28,6x
Yield 2021 -
Capitalization 309 M 365 M 365 M
EV / Sales 2021 2,35x
EV / Sales 2022 1,94x
Nbr of Employees 1 159
Free-Float 49,2%
Duration : Period :
GK Software SE Technical Analysis Chart | GKS | DE0007571424 | MarketScreener
Technical analysis trends GK SOFTWARE SE
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 4
Last Close Price 137,50 €
Average target price 167,13 €
Spread / Average Target 21,5%
EPS Revisions
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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