Smart Commerce surpassed positive expectations for the financial year 2015

Jena, 29th February, 2016: Smart Commerce employees receive bonus payment thanks to successful financial year

• Revenue growth above 60% in 2015
• Two-digit profitability and growth of more than 130%
• Increase of almost 80% in available financial capital

At the recent supervisory board meeting of Smart Commerce SE, provider of services for the planning, development, operation and optimization of eCommerce platforms in Jena, which took place last Friday, the executive board reported on the company’s business performance and the financial results of 2015.

The growth in revenue, profits and liquidity was particularly gratifying in the previous financial year. The supervisory board approved the account statement 2015 and the board’s request on a special payment for employees. 

2015 was the third complete financial year after the foundation of the SE. The annual revenue rose by 63%, the EBIT rose by 134% compared to the previous year, the EBIT margin accounted for more than 15% and was clearly higher than in 2014 and the available financial capital increased by 78%. It was the third year of profitable growth since the foundation.

In May 2012, Smart Commerce was founded by former Intershop board members and the company infrastructure was scalably designed for strong growth. In the shortened financial year 2012 as well as in the following three financial years 2013 until 2015, Smart Commerce reached a two-digit positive EBIT margin. “2015 was a record year for us. We have significantly surpassed our growth and profits targets”, said board member Frank Schneider.

In 2016, the number of projects for strategic customers will growth further. Therefore, Smart Commerce is looking for employees with profound eCommerce knowledge. The Technical Excellence Consulting-Team (TEC-Team), which develops solutions for high-demand technical eCommerce problems, shall grow in 2016. “In 2016, Smart Commerce will focus on the recruitment of eCommerce experts in particular at the subsidiaries in Jena and Stuttgart. The employee participation and capital sharing and the E-Program are special benefits“, explained Friedhelm Bischofs, chairman of the supervisory board.