q.beyond AG
QBY.DE
Deutsche Börse0.80
EUR
+0.00
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q.beyond AG
QBY.DE
(Deutsche Börse)
Recent
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0.80
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ROIC.AI
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- q.beyond AG is a Germany-based IT service provider specializing in digital solutions including cloud management; Systems, Applications and Products (SAP) services; Internet of Things (IoT) platforms; data intelligence; cybersecurity; and artificial intelligence (AI) integration. The company operates mainly in the DACH region (Germany, Austria, Switzerland) and internationally, targeting primarily medium-sized enterprises. Its product and service portfolio encompasses IT outsourcing, private enterprise clouds, multi-cloud solutions, digital workplace services, consulting, customized software development, hardware provisioning, customer-specific IoT platforms, security, and managed services including colocation at its German data centers. Founded in 1997 and headquartered in Cologne, Germany, q.beyond AG was formerly known as QSC AG until its name change in September 2020. The company operates through two main business segments: Managed Services, covering cloud modules, digital workplaces, IT outsourcing, and colocation; and Consulting, which offers SAP and Microsoft solutions support, business intelligence, security services, and mobile/cloud application deployment. q.beyond serves notable clients such as Tchibo, Fressnapf, and Wempe, focusing on delivering comprehensive digital transformation and IT infrastructure solutions. In recent developments, q.beyond AG has significantly increased its earnings and operational efficiency through its "2025 Strategy," achieving an 84% rise in EBITDA to €10.5 million in 2024. This improvement is driven by organizational simplification, increased nearshoring and offshoring (with these locations growing from 3% to 14% of total workforce), and focus on profitable product lines. The company expanded its IT security services with enhancements in its Cyber Defence Centre and readiness for NIS2 compliance, strengthening its competitive position and resilience for customers. q.beyond aims to raise its EBITDA margin to at least 10% in the medium term and further internationalize its customer base while expanding AI and security competencies. It remains well financed with net liquidity of €39.1 million and no debt as of year-end 2024, underpinning its growth and acquisition strategies. q.beyond AG's efforts include targeted acquisitions and sector expertise expansion to support its leadership ambitions in IT services, particularly focused on digitalization projects for German SMEs. The company reported revenue growth to €184-190 million expected in 2025 with sustained profitability improvements, reflecting its strategic shift towards managed services and consulting excellence. The company is listed on the Frankfurt Stock Exchange under ticker QBY.DE and employs over 1,100 staff. This comprehensive profile covers its core offerings and recent transformative changes positioning q.beyond AG as a leading digital solutions provider in Germany and internationally.