MAGIC TEXTMAGIC AS

TextMagic AS sells its subsidiary

TextMagic AS sells its subsidiary

TextMagic AS has signed an agreement to sell its subsidiary Edicy OÜ to Erply Inc. for 800 thousand euros. 

 

Edicy OÜ manages the website and e-commerce management platform Voog, as well as the landing page creation tool Edicy. TextMagic AS acquired the company in June 2023, and the reason for the sale is a difference in business direction.





Additional information:

Getter Grünmann

TextMagic AS, CFO





 



EN
03/09/2025

Underlying

MAGICTEXTMAGIC AS

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on TEXTMAGIC AS

 PRESS RELEASE
Free
MAGIC TEXTMAGIC AS

TextMagic AS sells its subsidiary

TextMagic AS sells its subsidiary TextMagic AS has signed an agreement to sell its subsidiary Edicy OÜ to Erply Inc. for 800 thousand euros.  Edicy OÜ manages the website and e-commerce management platform Voog, as well as the landing page creation tool Edicy. TextMagic AS acquired the company in June 2023, and the reason for the sale is a difference in business direction. Additional information:Getter GrünmannTextMagic AS, CFO  

September 3, 2025 1 EN
 PRESS RELEASE
Free
MAGIC TEXTMAGIC AS

TextMagic AS müüb tütarettevõtte

TextMagic AS müüb tütarettevõtte TextMagic AS on allkirjastanud lepingu tütarettevõtte Edicy OÜ müügiks 800 tuhande euroga Erply Inc.-le.  Edicy OÜ haldab veebilehtede ja e-kaubanduse haldamise platvormi Voog ning kampaanialehtede loomise tööriista Edicy. TextMagic AS omandas ettevõtte 2023. a juunis ning müügitehingu põhjuseks on ettevõtete erinevad arengusuunad.    Lisainfo:Getter GrünmannTextMagic AS finantsjuht

September 3, 2025 1 EN
 PRESS RELEASE
Free
MAGIC TEXTMAGIC AS

TextMagic AS 2025 6 months consolidated unaudited interim report

TextMagic AS 2025 6 months consolidated unaudited interim report In the first half of 2025, revenue amounted to €7,115 thousand (H1 2024: €7,809 thousand). The decline was mainly due to a more competitive pricing strategy that was implemented on the Textmagic platform. EBITDA was €2,581 thousand (H1 2024: €3,149 thousand), and the operating loss totaled to €123 thousand (H1 2024: operating profit of €1,097 thousand). Profitability was negatively affected by an increase in amortization expenses of €652 thousand, resulting from the higher volume of development activities in previous periods w...

August 12, 2025 1 EN
 PRESS RELEASE
Free
MAGIC TEXTMAGIC AS

TextMagic AS-i 2025. aasta konsolideeritud 6 kuu auditeerimata vahearu...

TextMagic AS-i 2025. aasta konsolideeritud 6 kuu auditeerimata vahearuanne 2025. a I poolaasta müügitulu oli 7 115 tuhat eurot (2024. a I pa: 7 809 tuhat eurot), langust põhjustas peamiselt Textmagic platvormi konkurentsivõime tõstmiseks rakendatud soodsam hinnakujundus. EBITDA näitaja oli 2 581 tuhat eurot (2024. a I pa: 3 149 tuhat eurot) ning ärikahjum oli 123 tuhat eurot (2024. a I pa: ärikasum 1 097 tuhat eurot). Kasumlikkust vähendas amortisatsioonikulu kasv 652 tuhande euro võrra, mis tuleneb eelmiste perioodide suuremast arendustegevuse mahust, eesmärgiga tõsta väärtuspakkumist. Mü...

August 12, 2025 1 EN
 PRESS RELEASE
Free
MAGIC TEXTMAGIC AS

TextMagic group’s sales results for Q2 2025

TextMagic group’s sales results for Q2 2025 The group’s unaudited consolidated revenue decreased in the second quarter of 2025 by 9% year-over-year to €3,440 thousand (Q2 2024: €3,782 thousand). Unaudited consolidated total revenues for the first six months of 2025 decreased by 9% to €7,120 thousand (H1 2024: €7,809 thousand). Quarter (in thousands) Q2 2025 Q2 2024 Change Textmagic SMS platform €3,284* €3,621 -9 %* Voog website and e-commerce platform €156 €161 -3 % Total un...

July 8, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch