Cloud business continues to take stellar group sales and profit growth to the next level in Q3 – forecasts reaffirmed

Cloud business continues to take stellar group sales and profit growth to the next level in Q3 – forecasts 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 progress to the following stage in Q3 – forecast reaffirmed
24.10.2022 / 08:00 CET / Central Central European
The issuer is solely liable for the content material of this commercial.

ATOSS Software program AG maintains its progress trajectory and once more broadcasts report numbers within the third quarter based on provisional figures. Group income elevated by 18 % to the euro 81.9 million within the first three quarters (earlier yr: EUR 69.5 million). Working revenue rose to EUR 21.6 Million (earlier yr: EUR 18.6 million) with an EBIT margin of 26 % (earlier yr: 27 %). Income progress from cloud and subscriptions was notably spectacular, and as of September 30, 2022, it represented the most important share of complete debut gross sales at 29 % (earlier yr: 20 %). On the again of excellent order progress and the continued growth of its cloud enterprise, the Board of Administrators is as soon as once more reiterating its gross sales and revenue forecast for fiscal yr 2022 and is satisfied it is going to shut the yr in one other report quantity.

Munich, October 24, 2022

In accordance 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 progress in a powerful approach. The acute volatility of the present atmosphere has enormously elevated the significance of digital workforce administration for corporations throughout all sectors and market segments. Given this state of affairs, the demand for workforce administration options from the software program specialist from Munich has proven very passable progress general. This improvement can also be impressively mirrored within the newest order numbers of the ATOSS Group. For instance, the variety of commonplace purposes for software program licenses elevated 43 % within the first three quarters, rising to a complete of 36.6 million euros (earlier yr: 25.6 million euros). Of this determine, €26.6 million (earlier yr: €18.2 million) – 73 % of all software program orders acquired – had been accounted for by cloud and subscriptions. The proportion of cloud requests acquired in fiscal yr 2021 was nonetheless solely 68 %. The growth of cloud’s share of the enterprise has resulted in a major 80 % enhance in annual recurring income (ARR for brief) to its present stage of €36.9 million (earlier yr: €20.5 million).

Atos Group’s gross sales progress from January to September 2022 is equally spectacular. General, software program income on this interval elevated by 20%, to €56.3 million (final yr: €47.0 million). In cloud and subscriptions, ATOSS boosted gross sales by 75% to €24.0 million (final yr: €13.8 million). In consequence, cloud income made the most important contribution to gross sales within the ATOSS Group – at 29 % of complete gross sales (earlier yr: 20 %). Mixed with an 8 % enhance in software program upkeep income totaling €23.3 million (earlier yr: €21.6 million), year-over-year recurring income elevated 34 %, to €47.3 million (earlier yr: €35.4 million) . In consequence, the share of recurring income in complete gross sales – and thus the primary key issue sooner or later progress of the ATOSS Group – has continued to develop exponentially and is now at 58 % general (earlier yr: 51 %). Consulting companies income expanded to €20.4 million (final yr: €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 complete yr. The EBIT margin for the third quarter was 27 %. Because of this glorious monetary progress previously 9 months, liquidity has additionally elevated by 15 % year-on-year to €56.2 million (earlier yr: €49.1 million) regardless of the dividend of €1.82 per share distributed on Could 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, web earnings per share elevated by 24% within the third quarter in comparison with the earlier yr. The group generated web earnings of €13.7 million (earlier yr: €12.7 million) within the nine-month interval and earnings per share of €1.73 (earlier yr: €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 progress of the software program group from Munich.

The board now assumes it is going to barely exceed its full-year 2022 forecast, which was raised in the beginning of the yr, 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 better world compatibility will even safe the corporate’s long-term sustainable progress prospects. As a part of this course of, the EBIT margin is anticipated to extend to at the 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%

staff (3)

679

612

11%

IFRS Consolidated Overview: Quarterly Progress 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

staff (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/yr

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, cellular apps, detailed workforce forecasting, advanced workforce scheduling, or strategic functionality and requirement planning, ATOSS has the appropriate resolution – whether or not within the cloud or on premises. The modular product households function the best stage of performance, superior browser-based know-how and platform independence. With roughly 12,000 purchasers in 50 nations, ATOSS workforce administration options make a measurable contribution to growing worth creation and competitiveness. On the identical time, they guarantee better equity and satisfaction in planning within the office. Prospects embody corporations reminiscent of 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 data: 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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