Nexway AG Revenue Y/Y
What is the Revenue Y/Y of Nexway AG?
The Revenue Y/Y of Nexway AG is N/A
What is the definition of Revenue Y/Y?
Yearly revenue growth is the percentage growth of the company’s revenue over trailing twelve months.
= (revenue past four quarters - revenue previous four quarters) / revenue previous four quarters
The yearly revenue growth rate is calculated as the percentage change in revenue over the trailing twelve months. For this specific metric, the calculation takes into account a series of the last eight quarterly revenues. The revenue growth is useful for determining the success of the company expanding its main business. Revenue growth of 5% to 10% is usually considered good for large-cap companies. For other companies, a sales growth of over 10% is more desirable.
What does Nexway AG do?
asknet Solutions AG, together with its subsidiaries, provides e-commerce solutions to software, video games, services, and retail companies to run their online sales worldwide. It develops and operates online shops for the manufacturers of digital and physical products. The company also provides a range of software solutions and services relating to the procurement, distribution, and management of software and hardware for customers in the research and education sectors; and solutions for monetizing digital business models and connecting companies to the global e-commerce market. In addition, it distributes a range of software solutions for students through its studyhouse.de platform. The company was formerly known as Nexway AG and changed its name to asknet Solutions AG in August 2020. The company was founded in 1995 and is headquartered in Karlsruhe, Germany. As of September 16, 2019, asknet Solutions AG operates as subsidiary of Facebank AG.