Trade Temenos Group AG - TEMN CFD

About Temenos AG

Temenos AG, formerly Temenos Group AG, is a Switzerland-based company engaged in the development and marketing of banking software systems. Its services include implementation, performance optimization, integration, administration, maintenance, upgrades, training and support for its software solutions. It offers solutions for retail, corporate, universal, Islamic and microfinance and community banking sectors, as well as for Private Wealth Management. The Company's client base consists of mostly banking and other financial services institutions. Its core products are Temenos T24 Core Banking (T24), a front to back office, Customer Relationship Management (CRM) and product lifecycle management software platform, as well as Front Office, an integrated, role-specific, and multi-channel solution that supports banks’ daily interactions and long term relationships with their retail, corporate, mass affluent, and High-Net-Worth (HNW) customers. It offers also funds and securities solutions.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Temenos AG revenues increased 9% to $967M. Net income decreased 1% to $173.4M. Revenues reflect Software licensing increase from $83.6M to $292.2M, Maintenance increase of 4% to $395.1M. Dividend per share increased from $1.02 to $1.10. Basic Earnings per Share excluding Extraordinary Items decreased from $2.43 to $2.42.