Our systems have detected that you are using a computer with an IP address located in the USA.
If you are currently not located in the USA, please click “Continue” in order to access our Website.
Local restrictions - provision of cross-border services
Swissquote Bank Ltd (“Swissquote”) is a bank licensed in Switzerland under the supervision of the Swiss Financial Market Supervisory Authority (FINMA). Swissquote is not authorized as a bank or broker by any US authority (such as the CFTC or SEC) neither is it authorized to disseminate offering and solicitation materials for offshore sales of securities and investment services, to make financial promotion or conduct investment or banking activity in the USA whatsoever.
This website may however contain information about services and products that may be considered by US authorities as an invitation or inducement to engage in investment activity having an effect in the USA.
By clicking “Continue”, you confirm that you have read and understood this legal information and that you access the website on your own initiative and without any solicitation from Swissquote.
“We recommend purchasing this share because its business model not only guarantees substantial margins – those margins are growing,” says Panagiotis Spiliopoulos, head of research at Vontobel. He’s right: from 2012 to 2016, Also Holding’s revenue increased by 26.7% while its profit after tax jumped a staggering 82.9%. That’s not all. In H1 2017, sales rose 9.5% and profits shot up by 32.4% year-on-year.
Also Holding is the number one IT solutions provider in Europe. The firm is an online supermarket for companies looking to find IT goods and services. Its platform features 188,000 products from 500 different service providers including HP, Microsoft, Apple, Huawei, Lenovo and Samsung. Also Holding has roughly 100,000 customers from 15 countries. The company is taking advantage of new fields that have risen considerably in popularity, including big data, 3D printing and cloud computing (particularly cloud storage services).
Furthermore, due to the ever-increasing speed with which IT evolves, an increasing number of companies would rather rent their hardware and software instead of buying it. Also met this demand by developing a designated offering. According to Spiliopoulos, “this licensing revenue model provides excellent insight into the company’s future revenue.” Its main competitor is the US-based firm Tech Data, but the industry is tough to delocalise and Also has the advantage of being number one in Europe.