Last €2.93 EUR
Change Today -0.025 / -0.85%
Volume 0.0
UP2 On Other Exchanges
As of 2:15 AM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

update software ag (UP2) Snapshot

Previous Close
Day High
Day Low
52 Week High
05/27/14 - €3.65
52 Week Low
10/17/13 - €2.44
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for UPDATE SOFTWARE AG (UP2)

Related News

No related news articles were found.

update software ag (UP2) Related Businessweek News

No Related Businessweek News Found

update software ag (UP2) Details

update software AG, together with its subsidiaries, is engaged in the development and implementation of customer relationship management (CRM) software solutions in Austria, Germany, Switzerland, Central and Eastern Europe, and rest of the world. The company’s solutions enable enterprises to acquire, manage, and attend to customers, partners, and other business relationships. It offers software as a service or inhouse solution; and update.CRM, a Web-based CRM application that provides standard industry solution in the areas of construction/construction supply industries, manufacturing and mechanical engineering industries, pharmaceutical and medical technology, consumer goods, financial services, and other sectors. The company also provides products and CRM tools for mobile CRM, social CRM, integration into existing system environments, and administration and analysis functionalities. The company was formerly known as Update Marketing Service AG and changed its name to update software AG in May 2002. update software AG was founded in 1988 and is headquartered in Vienna, Austria. As of July 31, 2014, Update Software AG operates as a subsidiary of Aurea Software FZ-LLC.

322 Employees
Last Reported Date: 08/6/14
Founded in 1988

update software ag (UP2) Top Compensated Officers

Chairman of Management Board and Chief Execut...
Total Annual Compensation: €345.1K
Founder, Chief Technical Officer and Member o...
Total Annual Compensation: €260.4K
Chief Financial Officer and Member of Managem...
Total Annual Compensation: €213.0K
Compensation as of Fiscal Year 2013.

update software ag (UP2) Key Developments

Update Software AG, Special/Extraordinary Shareholders Meeting, Aug 26, 2014

Update Software AG, Special/Extraordinary Shareholders Meeting, Aug 26, 2014., at 10:00 Central European Standard Time. Location: Wolke 19 event hall in the Ares Tower. Agenda: To consider the acceptance of the resignation of 5 (five) supervisory board members; to consider the stipulation of the number of supervisory board members; to consider the by-election of up to 5 (five) supervisory board members; and to consider the compensation of the 5 (five) resigning supervisory board members.

Update Software AG, Annual General Meeting, Jun 04, 2014

Update Software AG, Annual General Meeting, Jun 04, 2014. Location: auditorium 'cloud 19' Ares Tower Donau-City-Strasse 11.

Update Software AG Reports Earnings Results for 2013

Update Software AG reported earnings results for 2013. In 2013, the company generated sales revenue of EUR 33.1 million, which is at the same level as for the previous year compared to EUR 33.0 million in 2012. Revenue in the maintenance and Software-as-a-Service (SaaS) segments increased sustainably by 18% to EUR 16.3 million compared to EUR 13.8 million in 2012. Revenue from the SaaS offering increased by 58% compared to the previous year. 49% of total sales revenue was generated from recurring revenue flows. At EUR 16.8 million, non-recurring revenues for 2013 were down by 12% compared to the previous year in 2012 EUR 19.2 million. The share of non-recurring revenues in total sales revenue accounted for 51% in 2013. The total annual income for 2013 was EUR 2.1 million compared to EUR 1.0 million in 2012, nevertheless the Company´s earnings developed positively in the course of the year. Besides the decline in revenue in the classic license business, the increase in personnel expenses as a part of the SaaS-transformation was a determining factor. Earnings after tax were confirmed at EUR 3.1 million compared to loss after tax of EUR 0.1 million in 2012. A negative effect on earnings after tax also resulted from the reversal of deferred taxes in the amount of EUR 1 million.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
UP2:GR €2.93 EUR -0.025

UP2 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cegedim SA €24.94 EUR +0.65
Oracle Corp $38.28 USD -0.16 inc $57.53 USD +0.30
SAP SE €57.15 EUR +0.12
Veeva Systems Inc $28.17 USD -0.72
View Industry Companies

Industry Analysis


Industry Average

Valuation UP2 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.9x
Price/Book 1.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.5x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact UPDATE SOFTWARE AG, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at