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Article: Earnings Report: Endemann!!Internet AG.

Article from:
Computergram International
Article date:
May 24, 1999
Copyright

German search engine developer Endemann!!Internet AG has reported a first-quarter net loss of DM2.2m ($1.2m) on revenue up 708% to DM1.3m ($700,000). The company, which operates the leading German-language search engine, said its loss, which compared to a DM20,500 ($11,070) net profit the previous year, was due to an exceptional cost of DM2.6m ($1.4m) related to its flotation on Frankfurt's Neuer Markt small cap exchange during the period (NBD 03/19/99). At the pre-tax level, profit ...

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