This is good news for the proceedings, but it does not automatically mean that we will get the companies back. This requires a decision by the Civil Senate of the Munich Higher Regional Court – the same Senate before which our appeal against the judgment of the Ingolstadt Regional Court of September 12, 2023, is pending. Our lawyers firmly believe that the civil senate should now also rule in our favor, but we have already been informed that the decision will be made in 2025 due to its workload.
For us shareholders, the high trading volume and the rise in the share price following the associated ad hoc announcement on November 28, 2024, showed that the share is currently undervalued and has good liquidity when there is good news, which is positive despite the volatility. We expect further good news from the operating business to significantly improve the share price and the company’s standing in general in the new year.
Allow me to expand a little further below in order to explain our current sales approach at UMT AG more clearly.
In the past, UMT AG was primarily known for its payment system, such as PAYBACK PAY. However, the acquisition of such major customers was very challenging, as it required a lot of time, resources and intensive support. Long decision-making processes and high implementation costs led to a rather slow sales process.
Today, our situation is completely different. Our offering makes implementation and application much less complicated. We select suitable AI tools, combine and optimize them and integrate them seamlessly into our customers’ systems using interfaces and middleware solutions. The solutions, often for individual industries or application areas, are standardized and scaled in sales. This means they can be implemented quickly in individual departments or areas without the need for complex and cost-intensive overall projects. This brings tangible benefits: fewer decision-makers, shorter decision-making paths and lower costs. This also changes our sales strategy. As we are now achieving more, but smaller to medium-sized deals, we are targeting a large number of new potential customers. Our experienced team of software sales specialists contacts them directly by e-mail, telephone and online meeting – efficiently, personally and precisely, based on market analyses and data.
We generate attention by tailoring our solutions to the relevant topics, sectors and challenges. Initial contacts lead to conversations, conversations lead to product demonstrations, which ultimately lead to offers and contracts.
Another plus point: we have an almost unlimited pool of verified addresses throughout Europe at our disposal. We are currently focusing in particular on sectors such as logistics, production, insurance and retail.
Small and medium-sized enterprises (SMEs) in particular are an exciting market for us. They are looking for cost-effective, easy-to-implement solutions in order to remain competitive. They are also open to new technologies and appreciate a personalized customer approach – which is exactly what our AI solutions offer. This makes SMEs an ideal target for us.
The year 2025 will be an exciting and promising year for UMT AG. The company is a forward-looking enterprise with potential for further growth. Be assured that my team and I will continue to work hard to achieve our goals. In this context, I would like to refer to an interview which was published on wallstreetONLINE today.
With this in mind, I would like to wish you and your families a Merry Christmas and a good start to a successful and, above all, healthy New Year!
With kind regards,
Yours
Erik Nagel
CEO
