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Mamut with 15 Per Cent Growth in Third Quarter and 55th Consecutive Quarter of Double Digit Growth
Mamut with 15 Per Cent Growth in Third Quarter and 55th Consecutive Quarter of Double Digit Growth(Oslo, 11 November 2008) Mamut continues its growth and reached operating revenues of MNOK 367.8 in the first nine months of 2008, compared to MNOK 332.5 in the same period 2007, a growth representing 14 per cent. The company reaches EBITDA of MNOK 67.0 and EBIT of MNOK 24.7 for YTD 2008, an EBIT improvement of 76 per cent compared with the same period 2007.
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Mamut Validis awarded “Best Use of Internet – Business”
(Oslo, 13 November 2008) Mamut Validis, a co-operation between Mamut and Validis, a division of Future Route, wins the prestigious UK Accountancy Age Awards “Best Use of Internet – Business 2008.” Mamut Validis is a core component in the all-inclusive business software solution Mamut One, combining the power and advantages of business software applications together with web-based solutions.
Mamut Experiences 54th Consecutive Quarter of Double Digit Growth and Strongest Six Months on Record
(Oslo, 28 August 2008) Mamut continues its growth and reached operating revenues of MNOK 251.6 in 1H08, compared to MNOK 221.9 in 1H07, a growth representing 13 per cent. The company reaches EBITDA of MNOK 46.6 and EBIT of MNOK 18.6 for 1H08, an EBIT improvement of 55% compared with 1H07.
Mamut Announces Participation in Microsoft Online Services Reseller Alliance
(Oslo, Norway 9 July 2008) Mamut today announced that it will extend its software plus services offering with Microsoft Online Services, in order to provide customers with increased flexibility and additional services. Mamut also announced its support for the new Microsoft Online Services partner program.
Mamut and Lexware announce a strategic partnership in Germany
Mamut today announced that a Letter of Intent (LOI) has been signed with Germany's leading supplier of small business software, Lexware GMBH, a fully owned subsidiary of Haufe Media Group. Through a joint venture Mamut and Lexware will offer a co-branded edition of Mamut One with components from Mamut, Lexware and Haufe Group to the German SME segment. The two companies will also share and co-develop Software + Services platforms and components.
Mamut acquires MYOB UK Business Division
(Oslo, 24 April 2008) The company today announces an agreement to acquire MYOB Business Division in the UK from MYOB Limited (ASX: MYO) for a cash payment of £1.7 million. MYOB is today among the five best known providers of business software solutions to UK small businesses.
Mamut with record high revenues and best ever result
(Oslo, 24 April 2008) Mamut ASA continues its growth and reached operating revenues of MNOK 128.1 and EBIT of MNOK 9.6 in 1Q08. This represents the best ever results for the company. Today, the company also announced an agreement to acquire MYOB Business Division in the UK from MYOB Limited (ASX: MYO) for a cash payment of £1.7 million. MYOB is among the five best known providers of business software solutions to UK small businesses.
Mamut – Potential acquisitions
Victory on all counts for Active 24 in the dispute with 24SevenOffice
The dispute between Mamut ASA’s (Mamut) wholly owned subsidiary, Active 24 AS (Active 24), and 24SevenOffice AS (24SevenOffice) has now been tried by the court of first instance. 24SevenOffice has lost on all counts. 24SevenOffice is ordered to cover all of Active 24’s legal costs and pay damages for the loss suffered by Active 24 in connection with the case
Mamut and eZ Systems enter into a strategic co-operation
(Oslo, November 6 2007) Mamut and eZ Systems have entered into a strategic co-operation for developing and distributing Web Publisher solutions and related services to Mamut’s 335,000 customers in Europe. The agreement covers 16 European markets and the Mamut Web Publisher will be a core component in Mamut Business Platform.
Mamut with strong first half results
(Oslo, 16th August 2007) Mamut has achieved a milestone through delivering its 50th successive quarter of double digit growth by achieving operating revenues of MNOK 221.9 in 1H07. The pro-forma numbers for the company increased by MNOK 17.8 representing an improvement in EBIT of MNOK 13.5 compared to the same period in 2006.
Mamut finalist in Microsoft Worldwide Partner Awards
(Oslo, June 13 2007) Microsoft has announced Mamut as finalist in Microsoft Worldwide Partner Awards 2007 with Mamut Business Platform. From a total of 1,800 entries, the company has been selected as finalist in the ISV/Software Solutions Partner of the Year category together with two US based companies, ICONICS and Workshare.
Mamut acquires Danish Stellar Business Software
(Oslo, 4 June 2007) Mamut ASA has acquired business unit Stellar Business Software from Danish company Allerup edb A/S. Stellar Business Software develops, distributes and sells business software solutions for small and medium sized companies in Denmark. A letter of intent was signed by the parties in December 2006.
Mamut joins British Telecom’s and Microsoft’s SME initiative in the UK
(London, 30 May 2007) Mamut co-operates as one of the launch partners on BT Applications Market Place in the UK. The portal is a UK co-operation between Microsoft and British Telecom to offer cost efficient and web based applications to British Small Business Broadband customers.
Mamut ASA announces all time high revenue
(Oslo, 26 April 2007) Mamut ASA continues its growth after the acquisition of Active 24 and had operating revenues of MNOK 113.3 in 1Q07. This represents growth in sales of 90 per cent, of which 8 per cent is organic growth. Operating profit (EBIT) for 1Q07 was MNOK 6.9, an EBIT-margin of 6 per cent. EBITDA reached MNOK 18.5 in 1Q07, an EBITDA-margin of 16 per cent.
Mamut ASA announces best ever quarter
(Oslo, 22nd February 2007) Mamut ASA achieved its best ever quarterly results in 4Q06 with operating revenues of MNOK 108.3. Operating profit (EBIT) for 4Q06 was MNOK 9.2, an EBIT-margin of 8 per cent, in line with the company’s previous guiding. EBITDA reached MNOK 19.3 in 4Q06, an EBITDA-margin of 18 per cent. During 2007 Mamut will introduce the 'Mamut Business Platform' for all of its 300,000 European customers.
Mamut signs letter of intent to acquire Danish Stellar Business Software
(Oslo, December 12 2006) Mamut ASA has signed a letter of intent with Danish company Allerup EDB A/S and started exclusive negotiations over the acquisition of the business unit Stellar Business Software.
Mamut develops Small Business Concierge Online with Microsoft
Oslo, Norway – 21 November, 2006 – Mamut ASA (OSE “MAMUT”) today announce Small Business Concierge Online, a new online initiative based on the Small Business Concierge initiative introduced by Mamut and Microsoft Corporation in June 2004.
Mamut completes hat trick in the UK
(London, 16 November 2006) Mamut has won the Accountancy Age Award for Small Business Software of the Year for a third year running, fending off other entries, including finalists Sage, TAS, MYOB and Netsuite.
Mamut launches Point of Sale software
(Dublin, 15 November 2006) Software company Mamut has introduced a new complete, user-friendly and advanced point of sale application enabling small and medium retail companies to run their business more efficiently and professionally.
Mamut ASA with strong growth in the third quarter
(Oslo, 26th October 2006) Mamut ASA had operating revenues of MNOK 91.7 in 3Q06 including consolidation of Active 24 from July 1st. The organic growth achieved in the core business Mamut Business Software was 22 per cent in the third quarter. The company continues the previously announced integration process of Active 24.
Agreement between Baker Tilly and Mamut in the UK
London, August 29, 2006 – Mamut has signed a Memorandum of Understanding with Baker Tilly, a leading independent firm of UK Chartered Accountants and business advisers.
Mamut with compulsory acquisition of shares in Active 24
(Oslo, 24 August 2006) Mamut ASA has, with effect from 24th of August 2006, resolved to exercise its rights pursuant to section 4-25 of the Norwegian Public Limited Companies Act (the ”Act”) to acquire all the shares in Active 24 ASA that are owned by others than Mamut ASA. Mamut ASA owns 35,302,628 shares (90.1% percent of the total number of shares and votes) in Active 24 ASA.
Mamut with 22 per cent organic growth in 2Q06
(Oslo, July 6 2006) Mamut ASA increased its operating revenues by 22 per cent to MNOK 52.7 in 2Q06, compared to MNOK 43.3 in 2Q05. Operating profit (EBIT) for 2Q06 was MNOK 2.9, an improvement of 62 per cent compared to 2Q05. Operating revenues reached 112.4 in 1H06, a 22 per cent growth from 1H05. The company is experiencing solid organic growth in all markets.
Mamut launches Payroll Software offering small companies a high-end, affordable solution
(Dublin, July 3rd 2006) Software company Mamut has introduced a new payroll application that is integrated into it’s existing business software solutions and can also be purchased individually as Mamut Payroll.
Mamut will make a mandatory offer for all outstanding shares in Active 24 ASA
(Oslo, 29 June 2006) Mamut ASA has today disclosed its ownership of 45.3 per cent in Active 24 ASA and will make a mandatory offer to acquire the remaining shares in Active 24 ASA other than the 17,756,179 (45.3%) Active 24 shares already owned by Mamut. The price under the offer will be NOK 6.50 per share. The consideration shall be paid in cash.
Mamut launch Mamut Online Solutions
(Oslo, June 22. 2006) Mamut has today announced the launch of Mamut Online Solutions, online and secure business solutions optimised for smaller businesses. Mamut Online Solutions include Mamut Business Software and Microsoft Office, are easy to use, include hosting and support and are available through a web browser. Mamut Online Solutions will be available in Q3 in all markets in which Mamut is represented.
Mamut launches free online survey software
Dublin, Ireland May 24 2006 – Mamut has announced the launch of Mamut Online Survey, a web-based application for surveys and relationship building. The solution forms part of Mamut Online Services and will enable small businesses to improve and maintain relationships with key stakeholders.
Mamut ASA acquires Danish software solution
(Oslo, May 3 2006) Mamut ASA has entered into an agreement to acquire the Danish product and technology platform ServiceSuite. ServiceSuite is a software solution designed to combine e-commerce with high-quality customer service. ServiceSuite includes mobile sales force, e-commerce, booking and planning and will be a component in the forthcoming Mamut Business Network.
Mamut with 23 per cent organic growth in 1Q06
(Oslo, April 6 2006) Mamut ASA increased its operating revenues by 23 per cent to MNOK 59.7 in 1Q06, compared to MNOK 48.6 in 1Q05. Operating profit (EBIT) for 1Q06 was MNOK 3.4, compared to MNOK in 4.4 in 1Q05, as a result of substantial investments in new markets, products and services. The company is experiencing solid organic growth in all markets.