ATOSS Software AG Kicks Off 2024 with Stellar Double-Digit Revenue Growth & High Profitability

• ATOSS Software AG reported a successful start to the 2024 fiscal year with double-digit growth in revenues and high profitability in the first quarter.
• The company's revenues increased by 16 percent year on year to EUR 41.8 million, and operating earnings rose by 21 percent to EUR 14.0 million.
• The Software division accounted for EUR 29.7 million of the total revenue, an increase of 18 percent from the previous year.
• Revenues from the cloud and subscriptions were up 40 percent to EUR 16.4 million, accounting for a 39 percent share of total revenues.
• The company's liquidity also showed a significant rise of 40 percent to EUR 110.9 million.
• The Management Board maintains its forecast and expects total revenues of EUR 170 million for the current fiscal year, with a budgeted EBIT margin of 30 percent.

At this time, the index SDAX was at 14.207,92PKT (-0,34 %).

ATOSS Software

+1,12 %

-3,72 %

+8,17 %

+9,31 %

-9,69 %

+38,22 %

+279,85 %

+1.043,93 %

+1.306,67 %

ISIN:DE0005104400WKN:510440

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