TeamViewer AG Stock
TeamViewer is a publicly listed German software company that provides remote access and online meeting solutions to businesses and individuals worldwide. Their software allows users to remotely access, control and manage computers, servers, and mobile devices from anywhere, at any time. TeamViewer is used by businesses of all sizes, including tech startups and global corporations, to streamline IT operations, enhance collaboration and communication among teams, and improve customer service. In addition, the company offers a range of subscription plans and licenses to suit different business needs and budgets.
Pros and Cons of TeamViewer AG in the next few years
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.TeamViewer, a global remote connectivity platform, appears to have experienced significant changes within its financials over the past few years. With a broad overview of its financials, the company has witnessed considerable growth, especially in terms of revenue and gross profit. However, it is important to delve deeper and assess both the strong and weak points within its financial structure to gain a better understanding of the company's overall position.
Pros: ** 1. **Increasing Revenue: TeamViewer has experienced consistent growth in its total revenue, with a notable increase from €455.6 million in 2020 to €565.9 million in 2022. This indicates that the company has been successful in expanding its business and acquiring new clients.
Rising Gross Profit: The gross profit of TeamViewer has also been on an upward trend, indicating that the company is successfully managing its core business activities. The gross profit increased from €391.5 million in 2020 to €484.6 million in 2022.
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News
EQS-News: As of February 2024, TeamViewer receives a best-in-class in Morningstar Sustainalytics ESG Risk Rating
EQS-News: TeamViewer delivers double-digit topline growth, strong margin, and 81% basic EPS increase
EQS-News: TeamViewer to drive smart factory innovation with strategic investments in manufacturing analytics and IoT