9-months figures signal new performance records.
ATOSS Software AG is reporting highly successful business developments for the ninth year in succession. The order situation has developed along particularly positive lines. After just nine months, orders received for software licenses now amount to EUR 7.1 million, almost on a par with the full-year total of EUR 7.2 million for 2013. One of the main reasons lies in the large number of new enterprise customers acquired in the company’s Retail and Medical focus sectors. These successes not only confirm that ATOSS offers first-class solutions: they also reflect the effectiveness with which the company is able to address its target markets through its long-term strategy of verticalization. Orders on hand for software licenses rose from EUR 3.3 million last year to EUR 4.5 million as of September 30, 2014, constituting an excellent foundation for the rest of this financial year and beyond.
This positive development in business operations and the company’s stable growth underscore the success of the ATOSS AG business model. With overall turnover totaling EUR 28.7 million, sales of software licenses – the driving force behind the company’s growth – increased by 9 percent during the reporting period. The consistent positive development in software maintenance over recent years was also sustained, with sales up 7 percent at EUR 11.4 million. As a result, turnover in software amounted to EUR 17.5 million, representing a proportion of 61 percent of consolidated revenues. In the field of consulting – supported by the excellent order situation for implementation services following the purchase of licenses – ATOSS saw sales rise by 12 percent to EUR 7.4 million. Hardware sales increased from EUR 2.6 million to EUR 3.1 million.
The 10 percent rise in operating profits (EBIT) that advanced to EUR 7.2 million demonstrates the profitability of ATOSS. Earnings per share, which were materially affected by one-off factors in the previous year, improved once more, rising from EUR 0.54 to EUR 1.29. Net earnings also more than doubled, coming in at EUR 5.1 million.
Thanks to this excellent business development, liquidity was 38 percent up on the year before at EUR 21.1 million, despite the dividend payment of EUR 2.9 million in May 2014.
ATOSS Software AG is headed firmly for a ninth record year in succession, while the excellent order situation in turn presents further growth perspectives. The increase in orders received for software licenses, up 39 percent on the year before, provides a first-class basis for continuing development. The company enjoys excellent prospects and will continue to chart a growth course - now and in future.
- 14.11.2014 Publication of the nine months’ statements
- 24.-26.11.2014 German Equity Forum, Frankfurt