"Intangible assets" are assets that have significant value but no physical presence and provide long-term financial value to a company. The company's identifiable intangible assets are those that can be sold independently, separated from other assets, and valued. Intellectual property, like as patents, trademarks, and copyrights, as well as non-cash government grants, such as broadcasting licenses or airport landing rights, are examples of identifiable intangible assets. A trademark is a sign that can be used to separate one company's products or services from those of other businesses. Trademarks are protected under intellectual property laws. Intangible assets are capitalized at fair value as of the date of acquisition rather than cost when acquired separately.
Nemetschek’s gross value of intangible assets from EUR160.7 million in FY2020 to EUR193.8 million in FY2021, an increase of 20.6%. In FY2021, the company's net value of intangible assets was EUR158.9 million. Goodwill accounted for EUR524 million respectively, based on the company's calculation of the fair value of identified intangible assets. The company's amortization expense for intangible assets was EUR2.1 million in FY2021.
The company’s revenues from subscriptions grew by 46% in FY2021 as compared to the previous year. Subscription and SaaS offerings account for more than 61% of the total group revenue. The company's amortization expense for intangible assets was EUR2.2 million in FY2020. Goodwill increased from EUR416.7 million to EUR524.0 million in FY2021, an increase of 25.7% from the previous year (FY2020).
Nemetschek SE (Nemetschek) is a technology company. It develops and markets architecture, engineering, construction, and management software packages. The company develops software solutions for complex construction and infrastructure projects. Nemetschek's portfolio includes BIM-based design and data management tools for computer-aided design (CAD) and computer-aided engineering in 2D and 3D design of and visualization of buildings. The company also offers software solutions for the management of housing associations, building administrators, and computer-aided facilities. It caters to architects, designers, engineers, structural planners, in-house technicians, landscape planners, developers, and general contractors.
United States of America
United States of America
United States of America
United States of America
United States of America
United States of America
United States of America
Japan
Japan
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