q.beyond

OverviewSuggest Edit

q.beyond (formerly known as QSC) is a company that provides IT services. It operates through two segments: Cloud & IoT and SAP. The Cloud & IoT segment offers IT and IoT services, delivering cloud services, including virtual IT workplaces, business applications, and IT resources, as well as software competence, sensors and gateway hardware, and secure transmission and storage of relevant data. The SAP segment provides consulting services to companies to assist them in digitalizing and optimizing their business processes based on SAP technologies and the operation of corresponding applications.

TypePublic
Founded1997
HQKöln, DEMap
Websiteqbeyond.de

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Latest Updates

Employees (est.) (Jul 2021)955(+3%)
Revenue (FY, 2019)€238 M(-35%)
Share Price (Sept 2021)€1.9(+3%)
Cybersecurity ratingBMore
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Key People/Management at q.beyond

Jürgen Hermann

Jürgen Hermann

CEO
Christoph Reif

Christoph Reif

CFO
Thies Rixen

Thies Rixen

Member of the Management Board
Thorsten Raquet

Thorsten Raquet

Member of the Management Board
Waldemar Gerlach

Waldemar Gerlach

Member of the Management Board
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q.beyond Office Locations

q.beyond has offices in Köln, Aachen, Berlin, Bremen and in 8 other locations
Köln, DE (HQ)
Mathias-Brüggen-Straße 55
Aachen, DE
Heinrichsallee 24
Berlin, DE
Krausenstraße 9-10
Bremen, DE
Fahrenheitstraße 11
Dresden, DE
Wallstr. 13
Frankfurt am Main, DE
Lurgiallee 14
Show all (15)

q.beyond Financials and Metrics

q.beyond Revenue

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q.beyond's revenue was reported to be €238.05 m in FY, 2019 which is a 35.1% decrease from the previous period.
EUR

Revenue (Q3, 2020)

35.1m

Gross profit (Q3, 2020)

5.5m

Gross profit margin (Q3, 2020), %

15.6%

Net income (Q3, 2020)

(5.0m)

EBIT (Q3, 2020)

(4.9m)

Market capitalization (17-Sept-2021)

233.5m

Closing stock price (17-Sept-2021)

1.9

Cash (30-Sept-2020)

49.4m

EV

203.4m
q.beyond's current market capitalization is €233.5 m.
Annual
EURFY, 2017FY, 2018FY, 2019

Revenue

357.9m366.8m238.0m

Revenue growth, %

3%(35%)

Cost of goods sold

291.1m298.8m208.8m

Gross profit

66.8m68.0m29.2m
Quarterly
EURQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

94.1m92.1m90.2m87.4m85.2m32.3m34.1m34.5m35.1m

Cost of goods sold

72.7m68.8m67.2m57.7m62.2m27.9m28.6m29.1m29.6m

Gross profit

21.4m23.3m23.0m29.7m23.0m4.4m5.5m5.4m5.5m

Gross profit Margin, %

23%25%25%34%27%14%16%16%16%
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Annual
EURFY, 2017FY, 2018FY, 2019

Cash

61.9m53.6m66.0m

Accounts Receivable

54.7m58.0m31.0m

Prepaid Expenses

9.4m9.0m4.9m

Inventories

649.0k670.0k228.0k
Quarterly
EURQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

61.4m58.0m58.6m49.1m81.9m70.1m61.9m54.7m49.4m

Accounts Receivable

53.2m51.2m53.1m54.4m40.7m40.6m31.5m33.1m30.3m

Prepaid Expenses

12.9m11.1m9.4m11.5m7.6m6.3m5.6m4.9m4.3m

Inventories

435.0k402.0k534.0k493.0k455.0k348.0k228.0k268.0k272.0k
show all
Annual
EURFY, 2017FY, 2018FY, 2019

Net Income

5.1m3.3m73.5m

Depreciation and Amortization

30.6m26.6m18.3m

Accounts Payable

12.2m9.8m(33.8m)

Cash From Operating Activities

39.3m34.1m(17.7m)
Quarterly
EURQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

852.0k1.3m1.6m(305.0k)105.8m103.2m(5.5m)(10.6m)(15.5m)

Depreciation and Amortization

6.7m13.4m20.1m6.0m12.1m15.1m3.0m6.0m9.0m

Accounts Payable

1.2m1.0m3.3m(5.4m)(28.8m)(34.3m)2.4m2.5m(2.3m)

Cash From Operating Activities

3.1m13.2m22.9m9.7m(7.0m)(16.7m)(1.8m)(2.7m)(4.3m)
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EURFY, 2017

Revenue/Employee

266.7k

Debt/Equity

1.5 x

Debt/Assets

0.5 x

Financial Leverage

3.3 x
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q.beyond Operating Metrics

q.beyond's Customers was reported to be 30 k in FY, 2018.
FY, 2017FY, 2018FY, 2019

Customers

30 k30 k

Data Centers

66

Floor Space, square meters

20 k20 k20 k

New Orders

€133 m
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q.beyond Acquisitions / Subsidiaries

Company NameDateDeal Size
Incloud Engineering GmbHJuly 21, 2020
IP Colocation GmbH
Q-loud GmbH

q.beyond Revenue Breakdown

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q.beyond revenue breakdown by business segment: 43.5% from Telecommunications, 21.0% from Outsourcing, 17.8% from Consulting and 17.7% from Cloud

q.beyond revenue breakdown by geographic segment: 95.7% from Germany and 4.3% from Other

Human Capital Metrics

Source: www2.qbeyond.de, www2.qbeyond.de, www2.qbeyond.de
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q.beyond Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

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q.beyond Online and Social Media Presence

q.beyond's Trends

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q.beyond News and Updates

January 14, 2021

New partnership: q.beyond AG and CAS AG join forces to promote introduction of SAP S/4HANA in retail sector

q.beyond AG and CAS AG will in future work together closely for SAP projects at retailers. The two companies have agreed a strategic partnership to this end. q.beyond will contribute its expertise in transforming retailers’ IT structures
January 13, 2021

The q.beyond share price rose by 60 percent in 2020

The 60 percent price increase within a year is based in particular on the progress made in operational business: In the third quarter of 2020
December 03, 2020

StoreButler: q.beyond launches store digitalisation platform

Digitalising all stores: “StoreButler”, q.beyond’s cloud and IoT platform, makes it easier for retailers to deploy digital technologies at their stores. Removing the need to connect and control each new solution separately via company IT, StoreButler takes care of all aspects of data exchange betwee…
November 25, 2020

New SD-WAN solution from q.beyond guarantees effective cloud access

q.beyond is now offering a smart network service for medium-sized business customers that access cloud services from numerous locations. The new SD-WAN solution provides real-time applications such as virtual desktops or collaboration apps with a flexible supply of the necessary bandwidth, guarantee…
November 17, 2020

q.beyond specifies equity story in greater detail

q.beyond AG, which resulted from the rebranding of QSC AG in mid-September, took the “Deutsches Eigenkapitalforum” equity fair as an opportunity to present its updated “2020plus” growth strategy. The IT service provider has for the first time shown in detail which contributions its segments of “Clo…
November 09, 2020

q.beyond posts further record new orders and continues to grow

q.beyond AG, which resulted from the rebranding of QSC AG in mid-September, increased its revenues for the fifth consecutive quarter in the third quarter of 2020, in this case to € 35.1 million. Despite the severest recession in post-war German history, the IT service provider generated year-on-yea…
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 q.beyond Frequently Asked Questions

  • When was q.beyond founded?

    q.beyond was founded in 1997.

  • Who are q.beyond key executives?

    q.beyond's key executives are Jürgen Hermann, Christoph Reif and Thies Rixen.

  • How many employees does q.beyond have?

    q.beyond has 955 employees.

  • What is q.beyond revenue?

    Latest q.beyond annual revenue is €238 m.

  • What is q.beyond revenue per employee?

    Latest q.beyond revenue per employee is €249.3 k.

  • Who are q.beyond competitors?

    Competitors of q.beyond include Senacor, intive and ConVista Consulting.

  • Where is q.beyond headquarters?

    q.beyond headquarters is located at Mathias-Brüggen-Straße 55, Köln.

  • Where are q.beyond offices?

    q.beyond has offices in Köln, Aachen, Berlin, Bremen and in 8 other locations.

  • How many offices does q.beyond have?

    q.beyond has 15 offices.