Overview
XING
NEW WORK SE (formerly XING AG) has been committed to promoting a better working life with a wide range of brands, products and services. Founded as the OpenBC professional network, the company offers the vast majority of professionals in German-speaking countries their own digital network . It offers brands, products and services that foster a more fulfilling world of work. It is a central leadership and management holding, serving as a service department
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Read More for its subsidiaries. The company was founded by CEO Lars Hinrichs and now has some 20 million registered members. Majority of its sales were generated in Germany.
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Read More for its subsidiaries. The company was founded by CEO Lars Hinrichs and now has some 20 million registered members. Majority of its sales were generated in Germany.
Read Less
Petra Freifrau von Strombeck
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Computer Systems Design and Related Services
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Business Support Services
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Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
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Computer related services, nec
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Business services, nec
See All Industries Computer processing services
See Fewer Industries
See All Industries Computer processing services
See Fewer Industries
Accounting, Tax Preparation, Bookkeeping, and Payroll Services
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Advertising, Public Relations, and Related Services
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Architectural, Engineering, and Related Services
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Legal Services
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Management, Scientific, and Technical Consulting Services
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Other Professional, Scientific, and Technical Services
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Scientific Research and Development Services
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Specialized Design Services
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Contacts
Get in Touch with 10 Principals*
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Petra Freifrau von StrombeckChief Executive Officer
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Contact 3?
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Financial Statements
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Financial data as of ? (12 month period) in USD
Annual Revenue 2023
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USD
Actual
1 USD = 0.92 EUR
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Net Operating Cash | $67 | $86 | $93 |
| Net Investing Cash | -$18 | -$32 | -$49 |
| Net Financing Cash | -$52 | -$46 | -$17 |
| Net Change in Cash | -$2 | $8 | $27 |
| Cash at Beginning of Period | $103 | $94 | $67 |
| Cash at End of Period | $101 | $103 | $94 |
| Capital Expenditure | -$32 | -$34 | -$49 |
| Assets (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $101 | $107 | $98 |
| Accounts Receivable | $22 | $22 | $22 |
| Inventories | $ | $ | $ |
| Other Current Assets | $25 | $22 | $19 |
| Asset Summary | |||
| Total Current Assets | $149 | $151 | $139 |
| Tangible Fixed Assets | $67 | $80 | $85 |
| Intangible Assets | $78 | $81 | $87 |
| Total Assets | $349 | $377 | $378 |
| Liabilities (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $12 | $11 | $16 |
| Short-Term Debt | $ | $ | $ |
| Other Current Liabilities | $139 | $162 | $153 |
| Liability Summary | |||
| Total Current Liabilities | $151 | $173 | $169 |
| Long-Term Debt | $ | $ | $ |
| Other Long-Term Liabilities | $1 | $4 | $5 |
| Total Liabilities | $221 | $251 | $261 |
| Stakeholder's Equity (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Equity | |||
| Common Stock | $6 | $6 | $6 |
| Retained Earnings | $126 | $127 | $119 |
| Equity Summary | |||
| Total Equity | $158 | $159 | $150 |
| Shares Outstanding | 5,620,435 | 5,620,435 | 5,620,435 |