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Last €0.14 EUR
Change Today +0.01 / 7.69%
Volume 58.7K
HBW On Other Exchanges
EN Paris
As of 11:35 AM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

hubwoo (HBW) Snapshot

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06/9/14 - €0.21
52 Week Low
04/2/15 - €0.13
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hubwoo (HBW) Details

Hubwoo provides spend management and collaborative business process automation solutions for goods and services in the cloud. The company operates The Business Network, an open collaborative business platform that allows buyers and sellers to search, connect, and collaborate in an electronic system. It also offers catalog management solutions; services procurement solutions; invoice process management solutions; spend management applications, which allows its customers to access to spend analysis, sourcing, and contract management solutions in a unified platform; and implementation, sourcing, and consulting services. The company primarily operates in Paris, Houston, Chicago, Bonn, London, Manila, and Leuven. Hubwoo is headquartered in Paris, France.

178 Employees
Last Reported Date: 04/30/15

hubwoo (HBW) Top Compensated Officers

Chairman and Chief Executive officer
Total Annual Compensation: €384.2K
Compensation as of Fiscal Year 2014.

hubwoo (HBW) Key Developments

Hubwoo Announces Consolidated Unaudited Revenue Results for the First Quarter of 2015

Hubwoo announced consolidated unaudited revenue results for the first quarter of 2015. For the quarter, the company reported consolidated revenues of EUR 6.9 million compared with EUR 6.7 million for the same period a year ago. The recurring SaaS component of revenue was EUR 5.3 million, down 8% from the same quarter of 2014 as a consequence of the end of customer contracts as part of the technology transition that the company has been experiencing over the last quarters. The Services component of revenue grew very significantly (+30%), at EUR 1.5 million due to very strong activity in the implementation of new customers whose contract signature was materialised in the second half of 2014, as well as due to the expansion of the existing customer base.

Hubwoo Announces Availability of the SAP Sourcing and SAP CLM 10.0 Solutions

Hubwoo announced the immediate availability of the SAP Sourcing and SAP Contract Lifecycle Management (SAP CLM) 10.0, hosted by Hubwoo. This new offering comes as part of Hubwoo's continued commitment to provide its customers with the people, process and technology to help them realize the full savings potential of their source-to-pay investments and achieve procurement process excellence throughout their global organizations. With Hubwoo's hosted solution of SAP Sourcing and SAP CLM 10.0, users can remain on a familiar platform and retain their current data sets, thereby minimizing the data-transfer challenges that are characteristic of solution migration. With SAP Sourcing and SAP CLM 10.0, Hubwoo customers can expect to benefit from an accelerated head start on achieving business value with these solutions that provide improved user experience and connectivity, and reduced total cost of ownership. Customers can also benefit from Hubwoo's strong technical and functional support that comes with over 15 years of consulting and technical configuration services experience. Customers will have access to installation and configuration support for a smooth implementation and reduced project risk.

Hubwoo Announces Earnings Results for the Year 2014

Hubwoo announced earnings results for the year 2014. For the period, the company reported revenue of EUR 30.8 million against EUR 27.5 million, last year. Over the year, revenue declined by 11% compared to 2013. EBITDA was EUR 4.5 million against EUR 3.6 million, last year. Net earnings before impairment were EUR 0.1 million against net loss before impairment of EUR 4.5 million, last year. Net earnings were EUR 0.1 million against net loss of EUR 0.5 million, last year. Operating cash flow was EUR 2.9 million against EUR 3.1 million, last year. Capital investment remained strong, at EUR 1.9 million, and focused on the company's strategic solution suite, The Business Network by Hubwoo. The 2014 year-end cash position was EUR 6 million, EUR 0.3 million below that reported at the end of 2013.


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