Binect AG

XETRA MA10.DE

Binect AG Return on Equity (ROE) for the year ending December 31, 2023: 1.11%

Binect AG Return on Equity (ROE) is 1.11% for the year ending December 31, 2023, a -37.48% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Binect AG Return on Equity (ROE) for the year ending December 31, 2022 was 1.78%, a 52.50% change year over year.
Binect AG Return on Equity (ROE) for the year ending December 31, 2021 was 1.17%, a -82.32% change year over year.
Binect AG Return on Equity (ROE) for the year ending December 31, 2020 was 6.61%, a 108.87% change year over year.
Binect AG Return on Equity (ROE) for the year ending December 31, 2019 was -74.49%.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

XETRA: MA10.DE

Binect AG

CEO	Dr. Frank Wermeyer
IPO Date	Nov. 28, 2006
Location	Germany
Headquarters	Robert-Koch-Strasse 9
Employees	47
Sector	Technology
Industries Internet of Things (IoT) E-commerce Fintech Software-as-a-Service (SaaS)

Description

Binect AG, a technology holding company, engages in digital business communication, digital and hybrid mail solutions, and output management solution businesses in Germany. It offers a software and service platform for the digitization of various business document and receipt logistics, as well as develops and integrates digital modules and solutions for medium-sized companies, as well as authorities and other institutions. The company was formerly known as MAX 21 AG and changed its name to Binect AG in August 2021. Binect AG was founded in 2004 and is based in Weiterstadt, Germany.

Key trends

Past 5 years