10 February 2025
Recent Results
3 Months 2024/25
Positive performance in Q1 2024/25 // Numerous new customers in target segment // Strong growth with high-margin migration projects in CORE segment // Forecast confirmed
At a Glance
- Sales increase slightly to EUR 134.2 million and exceed prior-year quarter (Oct 2023 – Dec 2023: EUR 133.8 million); adjusted for impact of transition to cloud model up approx. 6%
- Further dynamic growth in high-margin cloud commissions offsets declining resell licences; cloud services up 6%
- Share of recurring revenues at 50% (Oct 2023 – Dec 2023: 49%) 2
- EBIT before M&A effects (non-IFRS) stable at EUR 11.0 million (Oct 2023 – Dec 2023: EUR 11.0 million);
- EBIT margin before M&A effects (non-IFRS) at a strong 8.2% (Oct 2023 – Dec 2023: 8.2%); adjusted for one-time impact of severance payments in Q1, the margin was 8.9%
- Successful growth trajectory with upper mid-market customers: numerous new customers and a strong pipeline for SAP conversions
- 2024/25 forecast confirmed
* Prior-year figure adjusted due to reallocation of revenue types
Key Figures: 3 Months 2024/25
Revenue
–
in EUR millions
134.2
10/2023 – 12/2023: 133.8
EBIT before M&A effects (non-IFRS)
–
in EUR millions
11.0
10/2023 – 12/2023: 11.0
Recurring revenue *
+3%
in EUR millions
66.9
10/2023 – 12/2023: 65.1
* Vorjahresangabe angepasst
Result for the period
-2%
in EUR millions
6.5
10/2023 – 12/2023: 6.7
Employee retention
in %
91.4
10/2023 – 12/2023: 90.2
Health index
in %
96.6
10/2023 – 12/2023: 95.4
Documents and Links
Live Recording of Investor Call
3 Months 2024/25
Archive of Investor Calls
16.12.2024 // 12 Months 2023/24
Live Recording for Financial Year 2023/24
08.08.2024 // 9 Months 2023/24
Live Recording for 3rd Quarter 2023/24
16.05.2024 // 6 Months 2023/24
Live Recording for Half-Year 2023/24
