Address:
Clemensstrasse 9, 60487 Frankfurt am Main, Germany
Telephone/Fax
Telephone: +49 (69) 7680 50, Fax: +49 (69) 7680-5100
Internet
 eMail
; Website: http://www.ifao.net
Branch:
Business Travel Software
Company:
i:FAO integrates diverse information technologies to establish leading
global standards for Business Travel Software. We manage partnerships and
alliances to create market leadership in travel related eProcurement.
i:FAO develops highly intuitive systems for innovative business travel
solutions. Corporations, agencies and Internet users utilize our products
and services worldwide to achieve superior benefits. We attract leading
experts to our product teams. Our products are independent from travel
vendors. Strategic investments in brands and alliances, as well as
continually improved performance, make our offerings industry standards.
This ensures our position as the market leader.
The company has in 1996 created the Internet Booking Engine (IBE), one of
the first Internet booking systems. This system has now evolved into cytric,
risk-free technology and service optimizing business travel by providing
more cost reduction, higher adoption, and finding better trips.
i:FAO Business Travel eProcurement Software is used today by more than 2.000
companies. Many travel agency chains in various countries use cytric as a
base for their own products. Several distribution partners are selling
cytric under their own name.
Executive Management:
Louis Arnitz (CEO)
Karin Froese (COO)
Supervisory Board:
Stefan Sanktjohanser (Chairman), Munich
Hans-Jürgen Lappat, Frankfurt
Dr. Joachim Riebartsch, Munich
Important Milestones:
- 1977
- Founding of the company
- 1987
- Change to a dedicated business travel specialist
- 1994
- Start of transformation to a technology supplier
- 1998
- Conversion of legal status to i:FAO Aktiengesellschaft
- 1999
- Listing and IPO on the Neuer Markt
- 1999
- Foundation of i:FAO of North America, Inc.
- 1999
- Participation at the US travel agency TRIP.com in total of 11,46%
- 1999
- Foundation of i:FAO Bulgaria EOOD
- 2000
- Sale of TRIP.com shares with substantial profit
- 2000
- Acquisition of QuixData Systems Inc., San Ramon, California, USA
- 2000
- Investment in the US-based i-tinerary Travel Solutions
- 2000
- Merger of the separated eHotel Service with bedhunter.com into the new ehotel AG
- 2000
- Merger of QuixData Systems, Inc. into i:FAO of North America, Inc.
- 2000
- The company moves into a new headquarter office in Frankfurt am Main
- 2000
- Spin-off of the cabana Travel Community into the new cabana GmbH
- 2001
- Acquisition of Iconomic Systems SA, Morges, Switzerland
- 2001
- Acquisition of powertrip Division from X-tra On-Line Corporation, Inc
- 2001
- Start of the cytric Certified Expert Program
- 2001
- cytric Operations Center in Phoenix
- 2001
- First presentation of the revolutionary reality technology
- 2001
- i-tinerary Travel Solutions was liquidated because of adverse market conditions
- 2002
- cabana GmbH went into insolvency
- 2002
- i:FAO presents new cytric v7, based on Java technology
- 2002
- i:FAO presents a brand new range of business travel eProcurement solutions
- 2002
- i:FAO sells all shares in eHotel AG
- 2003
- Change into the "geregelter Markt", General Standard
- 2003
- i:FAO presents cytric v7 Version 2
- 2003
- i:FAO divests of powertrip Unit
- 2003
- i:FAO presents cytric v7 Version 3
- 2004
- i:FAO presents cytric v7 Version 4
- 2004
- i:FAO moves operational business into i:FAO Group GmbH
- 2005
- i:FAO presents cytric v7 Version 5
- 2006
- i:FAO presents cytric v7 Version 6
- 2007
- i:FAO presents cytric v7 Version 7
- 2008
- i:FAO purchases IMG Information Management Gesellschaft mbH, Hannover
- 2008
- i:FAO launches the new cytric generation, cytric g8 into the market
- 2008
- i:FAO integrates IMG Information Management Gesellschaft mbH by merger into the i:FAO Group GmbH
- 2008
- i:FAO opens new Competence Center Expense Solutions in Hannover
Number of Employees (12/31/2009):
145 (Germany: 53, Bulgaria: 89)
Participations:
i:FAO Group GmbH (100%), Frankfurt am Main, Germany
Competition:
Germany: SAP
USA: Sabre GetThere, Amadeus E-Travel, Concur
France: KDS
Stock Exchange Data:
Segment: FSE, geregelter Markt, General Standard
Security Code Number: 622 452
ISIN Number: DE0006224520
Stock Exchange Code: FAO2
Reuters: FAOGn.F, FAOGn.DE
Nominal Value/Category:
1 EURO / Registered Stock
Permitted Capital:
5.283.435 EURO
Major Shareholders:
Louis Arnitz 44.59%
Evergreen Beteiligungs-Beratungs-GmbH 14.45%
CEA Interactive GmbH 10.92%
i:FAO Aktiengesellschaft 4.72%
Free Float 25.32%
Capital Measures:
Capital increase in April 2001
Total increase of the enterprise value of i:FAO AG by 266,325 EURO to 5,709,325 EURO
Capital increase in July 2001
Total increase of the enterprise value of i:FAO AG by 122,240 EURO to 5,831,565 EURO
Capital decrease in December 2004
Total decrease of the enterprise value of i:FAO AG by
59,693 EURO to 5,771,872 by collection of own shares
Capital decrease in June 2006
Total decrease of the enterprise value of i:FAO AG by
499,139 EURO to 5,322,733 by collection of own shares
Accreditation of conditional capital in July 2006 at 291.578 EURO
Capital increase from conditional capital in August 2006 by 4.350 EURO
Capital increase from conditional capital in March 2007 by 1.650 EURO
Capital decrease in April 2007
Total decrease of enterprise value of i:FAO AG by 128.048 EURO to 5.200.685 EURO by collection of owen shares
Capital increase from conditional capital in June 2007 by 2.700 EURO
Capital increase from conditional capital in September 2007 by 2.550 EURO
Capital increase from conditional capital in November 2007 by 1.250 EURO
Capital increase from conditional capital in April 2008 by 2.750 EURO
Capital increase from conditional capital in June 2008 by 3.350 EURO
Capital increase from conditional capital in February 2009 by 67.500 EURO
Capital increase from conditional capital in March 2009 by 700 EURO
Capital increase from conditional capital in August 2009 by 550 EURO
Capital increase from conditional capital in March 2010 by 1400 EURO
Financial Calendar 2010:
| February 5, 2010: |
Annual Report 2009 |
| March 26, 2010: |
General Shareholder Meeting |
| April 30, 2010: |
3-Month Report as at March 31, 2010 |
| July 30, 2010: |
6-Month Report as at June 30, 2010 |
| October 29, 2010: |
9-Month Report as at September 30, 2010 |
Group Figures 2009 (IFRS):
| Revenue: |
10.647 Mio. EURO |
| Total Performance: |
10.403 Mio. EURO |
| EBITDA: |
3.295 Mio. EURO (Earnings before Interest, Taxes and Amortization) |
| EBIT: |
2.836 Mio. EURO (Earnings before Interest and Taxes) |
| EAT: |
3.143 Mio. EURO (Earnings after Taxes) |
| Earnings per Share (undiluted/diluted): |
0.63 / 0.62 EURO |
|
