OverviewSuggest Edit

Cancom is a provider of IT services and IT infrastructure. It operates through two segments: Cloud Solutions and IT solutions. The Cloud Solutions segment comprises the business with managed services as well as product and service businesses that can be directly allocated to managed services contracts. It also includes business activities in connection with Cancom's software product - the IT multi-cloud management software "AHP Enterprise Cloud." The IT solutions segment comprises the business relating to strategic and technical consulting and services for projects in the field of IT infrastructure, IT applications, and system integration as well as their planning and implementation. This segment also covers activities in the area of IT procurement and eProcurement services.

TypePublic
Founded1992
HQMünchen, DE
Websitecancom.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Dec 2021)3,569(-12%)
Revenue (FY, 2019)€1.6 B(+13%)
Share Price (Nov 2021)€60.6(-1%)
Cybersecurity ratingAMore
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Key People/Management at Cancom

Rudolf Hotter

Rudolf Hotter

CEO
Thomas Stark

Thomas Stark

CFO
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Cancom Office Locations

Cancom has offices in München, Aachen, Aschheim, Augsburg and in 40 other locations
München, DE (HQ)
69 Erika-Mann-Straße
Aachen, DE
Im Süsterfeld 6
Aachen, DE
Verlautenheidener Str. 141
Aschheim, DE
Karl-Hammerschmidt-Straße 38
Augsburg, DE
Am Mittleren Moos 53
Berlin, DE
Eisenhutweg 122
Show all (52)

Cancom Financials and Metrics

Cancom Revenue

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Cancom's revenue was reported to be €1.56 b in FY, 2019 which is a 12.6% increase from the previous period.
EUR

Revenue (Q3, 2020)

396.9m

Gross profit (Q3, 2020)

112.0m

Gross profit margin (Q3, 2020), %

28.2%

Net income (Q3, 2020)

25.2m

EBIT (Q3, 2020)

16.5m

Market capitalization (10-Nov-2021)

2.3b

Closing stock price (10-Nov-2021)

60.6

Cash (30-Sept-2020)

226.2m

EV

2.1b
Cancom's current market capitalization is €2.3 b.
Annual
EURFY, 2017FY, 2018FY, 2019

Revenue

1.2b1.4b1.6b

Revenue growth, %

19%13%

Cost of goods sold

845.1m1.0b1.1b

Gross profit

321.8m384.8m443.8m
Quarterly
EURQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

309.4m303.0m356.8m371.7m424.7m387.0m455.7m374.5m396.9m

Cost of goods sold

223.0m213.1m259.3m267.9m317.9m278.5m336.5m267.2m284.9m

Gross profit

86.4m89.8m97.5m103.9m106.8m108.5m119.2m107.3m112.0m

Gross profit Margin, %

28%30%27%28%25%28%26%29%28%
Annual
EURFY, 2017FY, 2018FY, 2019

Cash

157.6m135.2m364.9m

Accounts Receivable

223.7m274.4m274.5m

Inventories

22.9m32.1m45.5m

Current Assets

438.0m470.6m733.9m
Annual
EURFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

24.0m39.8m64.9m

Inventories

3.1m(7.9m)(13.3m)

Accounts Payable

93.7m51.3m50.6m

Cash From Operating Activities

124.9m81.9m129.8m
Quarterly
EURQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Depreciation and Amortization

7.0m18.5m28.8m11.6m24.0m36.4m14.2m29.0m44.1m

Inventories

(6.4m)(19.7m)(24.0m)(8.3m)(10.1m)(21.8m)(8.5m)(22.5m)(7.8m)

Accounts Payable

(25.3m)(35.9m)(2.4m)(55.6m)(29.9m)(55.6m)(24.8m)(72.0m)(74.2m)

Cash From Operating Activities

(31.4m)(22.6m)3.3m(21.5m)(6.8m)7.7m(60.4m)(94.2m)(42.6m)
EURFY, 2017

Revenue/Employee

409.8k

Financial Leverage

1.9 x
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Cancom Operating Metrics

Cancom's Customers was reported to be 20 k in Jan, 2021.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020Jan, 2021

Annual Recurring Revenue

€92 m€101 m€106 m€125 m€130 m€140 m€146 m€157 m€183 m€189 m€191 m€194 m

Customers

20 k
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Cancom Acquisitions / Subsidiaries

Company NameDateDeal Size
NovoscoOctober 14, 2019£70 m
OCSLAugust 09, 2018
Ocean Intelligent CommunicationsMarch 16, 2018
AntaurisJune 01, 2017
HPM NetworksMarch 03, 2014
PironetNovember 03, 2013
CANCOM a + d IT solutions GmbH
CANCOM Computer Systems GmbH
CANCOM Finacial Services GmbH
CANCOM GmbH
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Cancom Revenue Breakdown

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Cancom revenue breakdown by business segment: 80.6% from IT Solutions, 19.4% from Cloud Solutions and 0.0% from Other

Cancom revenue breakdown by geographic segment: 21.2% from Outside Germany and 78.8% from Germany

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Cancom Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

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Cancom Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Cancom Online and Social Media Presence

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Cancom News and Updates

Aktie von Cancom legt um 1,53 Prozent zu

Am Aktienmarkt liegt der Anteilsschein von Cancom aktuell im Plus. Das Papier legte um 68 Cent zu. Das Wertpapier kostet zur Stunde 45,02 Euro. Die Cancom-Aktie hat sich damit heute bislang besser entwickelt als der Gesamtmarkt, gemessen am TecDAX (TecDAX). Dieser notiert bei 3.291 Punkten. Der TecD…

Veröffentlichung gemäß § 40 Abs. 1 WpHG mit dem Ziel der europaweiten Verbreitung

Veröffentlichung einer Stimmrechtsmitteilung übermittelt durch DGAP - ein Service der EQS Group AG. Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

Leerverkäufer Marshall Wace bleibt im Rückwärtsgang - Aktiennews

Leerverkäufer Marshall Wace LLP reduziert Netto-Leerverkaufsposition in Aktien der CANCOM SE signifikant: Die Shortseller des Hedgefonds Marshall Wace LLP bleiben im Rückwärtsgang aus ihren Leerverkauf-Aktivitäten in den Aktien des Cloud-Spezialisten CANCOM SE (ISIN: DE0005419105, WKN: 541910, Ti…

CANCOM Named Accelerator Winner by Virgin Media Business

Today, CANCOM Managed Services was announced as a winner in the Virgin Media Business TCV growth category. This reflects the significant growth in global connectivity and networking business CANCOM has driven via Virgin Media Business throughout 2020.

CANCOM übernimmt IT-Systemhaus Anders & Rodewyk

CANCOM übernimmt die Anders & Rodewyk Das Systemhaus für Computertechnologien GmbH. Das Systemhaus aus Hannover erwirtschaftet deutschlandweit mit rund 70 Mitarbeitern einen jährlichen Umsatz von 27 Mio. Euro bei einem EBITDA von 2,4 Mio. Euro. Der umfangreiche Kundenstamm setzt sich vor allem a…

Ex BT and Microsoft exec joins Cancom as Ireland boss

Cancom has announced Peter Russell will be its new MD of Ireland and Northern Ireland in the New Year. The former Ireland rugby international and Microsoft veteran will take the lead on integrating
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Cancom Blogs

ISG Future of Work study: Workplace Services and Solutions from CANCOM enable secure mobile work in times of Corona

Der Beitrag ISG Future of Work study: Workplace Services and Solutions from CANCOM enable secure mobile work in times of Corona erschien zuerst auf CANCOM Corporate.

CANCOM among „Germany’s best vocational trainers” for the fourth year in a row

Der Beitrag CANCOM among „Germany’s best vocational trainers” for the fourth year in a row erschien zuerst auf CANCOM Corporate.

CANCOM among the leading providers of cybersecurity solutions & services in ISG market comparison

Der Beitrag CANCOM among the leading providers of cybersecurity solutions & services in ISG market comparison erschien zuerst auf CANCOM Corporate.

ISG ranking: CANCOM holds top market positions in the sector of Managed Cloud Data Center Services & Solutions

CANCOM among the leading managed services and managed hosting providers in market comparison Ranking underscores CANCOM’s leadership as a hybrid IT provider capable of implementing the full range of cloud solutions for the midmarket ISG particularly honors CANCOM’s broad XaaS offering and comprehens…

Rüdiger Rath appointed member of the Executive Board and COO

1 October 2021 Rüdiger Rath takes over the position of COO on the Executive Board of CANCOM SE Rath was previously Head of Europe at Logicalis The Supervisory Board of CANCOM SE has appointed Rüdiger Rath as a member of the Executive Board effective 1 October 2021. Rath will assume the function of C…

CANCOM and Google to drive digital solutions for productive and collaborative teamwork

Google and CANCOM partnership promotes collaborative work models in businesses and schools CANCOM provides Chrome OS devices & applications and management licenses as well as operation of the solutions Google thus expands its channel presence for Chrome OS in the DACH region CANCOM is entering i…
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Cancom Frequently Asked Questions

  • When was Cancom founded?

    Cancom was founded in 1992.

  • Who are Cancom key executives?

    Cancom's key executives are Rudolf Hotter and Thomas Stark.

  • How many employees does Cancom have?

    Cancom has 3,569 employees.

  • What is Cancom revenue?

    Latest Cancom annual revenue is €1.6 b.

  • What is Cancom revenue per employee?

    Latest Cancom revenue per employee is €437.8 k.

  • Who are Cancom competitors?

    Competitors of Cancom include Bechtle, UNIT4 and adesso.

  • Where is Cancom headquarters?

    Cancom headquarters is located at 69 Erika-Mann-Straße, München.

  • Where are Cancom offices?

    Cancom has offices in München, Aachen, Aschheim, Augsburg and in 40 other locations.

  • How many offices does Cancom have?

    Cancom has 52 offices.