Trade TeamViewer AG - TMV CFD

TeamViewer AG Company profile

About TeamViewer AG

TeamViewer AG is a Germany-based company engaged in the software development. The Company focuses primarily on the cloud-based technologies that enable online remote support and collaboration globally. The Company offers software solutions to remotely access and connect any computer, tablet, laptop, mobile device and Internet of Things (IoT) endpoint, such us industrial machines to allow remote control, management and monitoring of devices, as well as interaction and collaboration. Its product portfolio includes TeamViewer, TeamViewer Tensor, TeamViewer Pilot, TeamViewer loT, TeamViewer Remote Management, servicecamp and Bizz. The Company has offices in Europe, the United States and Asia Pacific.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, TeamViewer AG revenues increased 10% to EUR501.1M. Net income applicable to common stockholders decreased 51% to EUR50.1M. Revenues reflect USA segment increase of 19% to EUR134M, other segment increase of 6% to EUR230.9M. Net income was offset by Foreign currency income decrease of 54% to EUR20.3M (income), Foreign currency costs increase of 92% to EUR33.7M (expense).