ATOSS Software AG: Cloud business continues to take stellar group sales and profit growth to the next level in Q3 – forecast reaffirmed

ATOSS Software AG: Cloud business continues to take stellar group sales and profit growth to the next level in Q3 – forecast reaffirmed

EQS-Information: ATOSS Software program AG / Key phrases: 9-month numbers / Quarterly outcomes

ATOSS Software program AG: Cloud enterprise continues to take stellar group gross sales and revenue development to the subsequent degree in Q3 – forecast reaffirmed

24.10.2022 / 08:00 CET / Central Central European
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ATOSS Software program AG maintains its development trajectory and once more pronounces file numbers within the third quarter in keeping with provisional figures. Group income elevated by 18 % to the euro 81.9 million within the first three quarters (earlier 12 months: EUR 69.5 million). Working revenue rose to EUR 21.6 Million (earlier 12 months: EUR 18.6 million) with an EBIT margin of 26 % (earlier 12 months: 27 %). Income development from cloud and subscriptions was significantly spectacular, and as of September 30, 2022, it represented the biggest share of complete debut gross sales at 29 % (earlier 12 months: 20 %). On the again of excellent order development and the continued enlargement of its cloud enterprise, the Board of Administrators is as soon as once more reiterating its gross sales and revenue forecast for fiscal 12 months 2022 and is satisfied it’s going to shut the 12 months in one other file quantity.

Munich, October 24, 2022

In line with provisional figures, ATOSS Software program AG can look again on a really profitable third quarter with new gross sales and revenue data. Even in these economically difficult instances, the corporate has as soon as once more succeeded in boosting the tempo of development in a powerful method. The intense volatility of the present setting has significantly elevated the significance of digital workforce administration for corporations throughout all sectors and market segments. Given this situation, the demand for workforce administration options from the software program specialist from Munich has proven very passable development total. This improvement can also be impressively mirrored within the newest order numbers of the ATOSS Group. For instance, the variety of normal purposes for software program licenses elevated 43 % within the first three quarters, rising to a complete of 36.6 million euros (earlier 12 months: 25.6 million euros). Of this determine, €26.6 million (earlier 12 months: €18.2 million) – 73 % of all software program orders acquired – have been accounted for by cloud and subscriptions. The proportion of cloud requests acquired in fiscal 12 months 2021 was nonetheless solely 68 %. The enlargement of cloud’s share of the enterprise has resulted in a major 80 % improve in annual recurring income (ARR for brief) to its present degree of €36.9 million (earlier 12 months: €20.5 million).

Atos Group’s gross sales development from January to September 2022 is equally spectacular. Total, software program income on this interval elevated by 20%, to €56.3 million (final 12 months: €47.0 million). In cloud and subscriptions, ATOSS boosted gross sales by 75% to €24.0 million (final 12 months: €13.8 million). In consequence, cloud income made the biggest contribution to gross sales within the ATOSS Group – at 29 % of complete gross sales (earlier 12 months: 20 %). Mixed with an 8 % improve in software program upkeep income totaling €23.3 million (earlier 12 months: €21.6 million), year-over-year recurring income elevated 34 %, to €47.3 million (earlier 12 months: €35.4 million) . In consequence, the share of recurring income in complete gross sales – and thus the primary key issue sooner or later development of the ATOSS Group – has continued to develop exponentially and is now at 58 % total (earlier 12 months: 51 %). Consulting companies income expanded to €20.4 million (final 12 months: €18.0 million).

As of September 30, 2022, the return on gross sales in relation to working revenue (EBIT) was 26 %, above expectations of 25 % for the total 12 months. The EBIT margin for the third quarter was 27 %. Because of this wonderful monetary development previously 9 months, liquidity has additionally elevated by 15 % year-on-year to €56.2 million (earlier 12 months: €49.1 million) regardless of the dividend of €1.82 per share distributed on Might 4, 2022 (€) 14.5 million in complete).

The monetary end result stabilized as a result of shift to much less unstable investments within the third quarter. Accordingly, internet earnings per share elevated by 24% within the third quarter in comparison with the earlier 12 months. The group generated internet revenue of €13.7 million (earlier 12 months: €12.7 million) within the nine-month interval and earnings per share of €1.73 (earlier 12 months: €1.59).

The outcomes of the primary three quarters and the continued momentum of the cloud as soon as once more affirm the robust place of ATOSS within the workforce administration market and the potential for additional development of the software program group from Munich.

The board now assumes it’s going to barely exceed its full-year 2022 forecast, which was raised at first of the 12 months, with complete income of €110m and an EBIT margin of greater than 25 %.

The elevated deal with the cloud in addition to the group’s larger international compatibility can even safe the corporate’s long-term sustainable development prospects. As a part of this course of, the EBIT margin is predicted to extend to at the very least 30% by 2025.

IFRS Consolidated Overview: A 9-month comparability in Korea

01/01/2022
– 09/30/2022
share of
Whole gross sales
01/01/2021
– 09/30/2021
share of
Whole gross sales
they alter
2022/2021
Gross sales income 81,883 100% 69,533 100% 18%
Programming 56270 69% 47,049 68% 20%
licenses 8956 11% 11,692 17% -23%
Upkeep work 23275 28% 21601 31% 8%
Cloud and subscription 24,039 29% 13756 20% 75%
Adviser 20444 25% 18,043 26% 13%
{hardware} 3,088 4% 3,321 5% -7%
Aharon 2,081 3% 1120 2% 86%
EBITDA 24,564 30% 21,422 31% fifteenth%
EBIT 21,616 26% 18,566 27% 16%
EBT 20361 25% 18.769 27% 8%
Internet revenue 13.749 17% 12674 18% 8%
flowing money 24654 30% 24,035 35% 3%
Liquidity (1/2) 56242 49069 fifteenth%
EPS in euro 1.73 1.59 9%
workers (3) 679 612 11%

IFRS Consolidated Overview: Quarterly Development in Korea

Q 3/22
Q 2/22
x 1/22

Q 4/21
Q 3/21
Gross sales income 28310 27,571 26,002 27,534 23807
Programming 19738 19,438 17,094 18,922 16127
licenses 2872 4036 2,048 5,485 3,615
Upkeep work 7,906 7645 7,724 7,334 7,517
Cloud and subscriptions 8960 7,757 7322 6103 4,995
Adviser 6,632 6584 7,228 7200 5924
{hardware} 1,102 915 1,071 1.052 1,262
Aharon 838 633 610 361 495
EBITDA 8751 8833 6980 9,929 7,571
EBIT 7763 7843 6010 8678 6590
EBIT margin in % 27% 28% 23% 32% 28%
EBT 7927 7143 5291 8936 6774
Internet revenue 5,455 4,749 3545 6669 4,416
flowing money 16,534 2,060 6060 2,249 15981
Liquidity (1/2) 56242 40605 54709 50360 49069
EPS in euro 0.68 0.60 0.45 0.84 0.55
workers (3) 679 650 646 630 612

(i) Money and money equivalents, different present and non-current monetary belongings (demand deposits, gold) as on the qualifying date, adjusted to exclude loans (loans)

(2) a dividend of €1.82 on 05/04/2022 (14,475 NOK); Dividend of €1.67 on 05/05/2021 (13282 NOK)

(3) On the finish of the quarter/12 months

Upcoming dates:

November 28-30, 2022 ATOSS on the German Inventory Discussion board

Atos

ATOSS Software program AG is an organization offering technical and consulting options for skilled workforce administration and on-demand workforce deployment. Whether or not it is conventional time administration, cell apps, detailed workforce forecasting, advanced workforce scheduling, or strategic functionality and requirement planning, ATOSS has the fitting answer – whether or not within the cloud or on premises. The modular product households function the very best degree of performance, superior browser-based know-how and platform independence. With roughly 12,000 shoppers in 50 nations, ATOSS workforce administration options make a measurable contribution to growing worth creation and competitiveness. On the identical time, they guarantee larger equity and satisfaction in planning within the office. Prospects embody corporations resembling ALDI SÜD, Coca-Cola, Deutsche Bahn, Douglas, Edeka, HUK-COBURG, Klinikum Leverkusen, Lufthansa, MEYER WERFT, Schmitz Cargobull, Sixt, Stadt Regensburg, thyssenkrupp Packaging Metal and WL Gore & Associates. Extra info: www.atoss.com

ATOSS Software program AG

Christophe Lieber / Member of the Board of Administrators

Rosenheimer Straße 141 h,

D-81671 Munich

Cellphone: +49 (0) 89 4 27 71 – 0

Fax: +49 (0) 89 4 27 71 – 100

[email protected]


24.10.2022 CET / CEST Publishing firm information, transmitted by EQS Information – a service of EQS Group AG.
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language: Einglish
an organization: ATOSS Software program AG
Rosenheimer Road. 141 hours
81671 Munich
Germany
cellphone: +49 (0) 89 4 27 71-0
Fax: +49 (0) 89 4 27 71-100
E-mail: [email protected]
Web: www.atoss.com
inside: DE0005104400
WKN: 510440
Indications: SDAX
Included: Organized market in Frankfurt (Prime Commonplace); Organized casual market in Berlin, Düsseldorf, Hamburg, Munich, Stuttgart, Tradegate Change
EQS Information ID: 1469703

finish of reports EQS Information Service

1469703 24.10.2022 CET / CEST

EQS 2022

All information about ATOSS SOFTWARE AG

Analyst Suggestions for ATOSS SOFTWARE AG

Gross sales 2022 111 m
109 m
109 m
internet revenue 2022 19.3 pm
18.9 pm
18.9 pm
internet money 2022 32.4 m
31.7 m
31.7 m
P/E Ratio 2022 48,4x
crop 2022 1.56%
capitalization 935 AD
917 AD
917 AD
EV / Gross sales 2022 8,12 instances
Publicity Worth / Gross sales 2023 6,94x
Nbr of workers 650
free float 48.6%

Interval :

a interval :

Technical Analysis Chart ATOSS Software AG |  MarketScreener

Technical Evaluation Traits ATOSS SOFTWARE AG

Quick-term mid-term long-term
tendencies impartial bearish bearish

Earnings Assertion Evolution

bought

He buys

It means unanimity He buys
variety of analysts 5
final closing worth €117.60
common goal worth 171.20 EUR
Unfold/Common Goal 45.6%

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