The results for the first quarter of 2016 clearly show that ATOSS Software AG is seamlessly continuing the pattern set over the past ten record years. The company’s business model continues to prove extremely robust and highly successful. The growth in sales of software licenses, which climbed 11 percent, underscores not just the competitive strength of ATOSS, but also the steadily increasing importance attaching to workforce management. This is primarily attributable to the growing need to make effective use of available resources.
The core software business accounted for sales of EUR 6.9 million (previous year EUR 6.3 million), equivalent to 59 percent of the company’s overall turnover of EUR 11.7 million. Consulting contributed 28 percent of sales, with revenues – supported by the excellent order situation – climbing 18 percent to EUR 3.3 million. Hardware sales amounted to EUR 1.0 million (previous year: EUR 1.3 million), with other revenue coming in at EUR 0.5 million (previous year EUR 0.3 million).
ATOSS again set new records, and not just in sales: Despite the increase in investments particularly in research & development relative to the year before, operating profits (EBIT) were 16 percent higher at EUR 3.2 million (previous year EUR 2.8 million). With positive financial earnings of EUR 0.1 million, net earnings after tax amounted to EUR 2.3 million. Earnings per share in the first quarter stood at EUR 0.57, precisely the same figure as in the same quarter last year when income was boosted by financial earnings of EUR 0.6 million due to the sharp increase in the price of gold. The return on sales of 27 percent measured against EBIT exceeded even last year’s high Level.
In the first quarter ATOSS generated cash flow of EUR 4.2 million (previous year EUR 5.1 million) and reported consolidated liquidity of EUR 28.7 million as of March 31, 2013 (previous year: EUR 26.2 million). Even after the dividend payment of around EUR 11.1 million or EUR 2.80 per share to be proposed to shareholders at the AGM on April 26, 2016, ATOSS will still enjoy a respectable cash position and strong equity which together will safeguard the company’s outstanding future prospects.
The market for workforce management continues to offer substantial potential for growth. On this basis the Management Board stands by its forecast for financial year 2016 and expects to see continuing development in sales and earnings with growth rates on a par with 2015 within a bandwidth of +/- 3 percent. Despite further planned investments, particularly in developing new markets, and a continuing high level of expenditure on research & development amounting to around one fifth of sales, the EBIT margin is also expected to remain around 25 percent.
- April 26, 2016 Annual General Meeting
- April 26, 2016 Dividend payment (proposal: EUR 2,80 per share)
- July 22, 2016 Press release announcing the 6-monthly financial statements
- August 12, 2016 Publication of the 6-monthly financial statements
- October 25, 2016 Publication of the 9-monthly financial statements
- Nov, 21-23, 2016 ATOSS at the German Equity Forum