NFON AG Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021
Share
NFON AG announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was EUR 67.602 million compared to EUR 57.117 million a year ago. Net loss was EUR 2.237 million compared to EUR 10.924 million a year ago. Basic loss per share from continuing operations was EUR 0.15 compared to EUR 0.77 a year ago.
Nfon AG is a Germany-based company that provides cloud-based telephone systems. Its product and service offering includes primarily NFON Cloud Telephone System, a public multi-tenant PBX delivering servicing from the cloud, as well as specialist solutions. The Companyâs services enable communication for customers and their employees on various devices, including smartphones, tablets, personal computers, and desk phones. Its customers range from local small businesses to international large enterprises. The Company is active in various European countries, including Germany, Austria, Switzerland, the Netherlands, Poland, Hungary, the United Kingdom, Slovenia, Slovakia, Spain, Croatia, Romania and Portugal.