ATOSS Software SE

AOF

Equity

ISIN DE0005104400 / Valor 1059538

Xetra (2024-11-21)

EUR 119.20+1.71%

ATOSS Software SE
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About company

ATOSS Software AG is a leading provider in the field of workforce management solutions, offering a comprehensive suite of services designed to optimize HR processes for companies. Through a strategic cooperation with SAP Germany, ATOSS aims to integrate its Staff Efficiency Suite with SAP SuccessFactors Employee Central via an interface, thereby facilitating seamless HR management across cloud platforms without system boundaries. This collaboration underscores ATOSS's commitment to innovation and its capability to compete with major industry players. The company has achieved notable milestones, including receiving SAP Premium certification for its ATOSS Cloud 24/7 as an SAP Endorsed App, distinguishing it as a unique workforce management provider in Europe. ATOSS's client roster boasts significant names such as Deutsche Bahn and Bayer AG, highlighting its appeal to major enterprises. Furthermore, the company's focus on internationalization is supported by an investment from General Atlantic, a global leader in growth capital. ATOSS's industry solutions have also been recognized for their impact on process optimization in retail, as evidenced by awards from the trade journal handelsjournal. This blend of technological innovation, strategic partnerships, and industry recognition positions ATOSS Software AG as a key player in the workforce management sector.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

ATOSS Software SE reported a 14 percent increase in group revenues, reaching EUR 83.8 million in the first half of 2024, compared to EUR 73.2 million in the previous year. This growth is attributed to the strong demand for workforce management solutions amid a persistent labor shortage and the pressure on companies to digitize.

Cloud Business Expansion

The company's cloud and subscription revenues surged by 37 percent to EUR 33.9 million in the first half of 2024, up from EUR 24.8 million in the previous year. This segment now accounts for 41 percent of total revenues, reflecting the dynamic expansion of ATOSS Software SE's cloud business.

Order Book Improvement

ATOSS Software SE's order book showed significant improvement, particularly in cloud solutions. The cloud order backlog, representing revenues from contractually committed cloud usage fees within the next 12 months, increased to EUR 76.0 million in the first half of 2024, up from EUR 64.3 million as of December 31, 2023.

EBIT Margin

The return on revenues in relation to operating profit (EBIT) for ATOSS Software SE stood at 35 percent in the first half of 2024, up from 33 percent in the previous year. This improvement is primarily due to prudent cost management and the temporary deferment of investments in expanding staff resources.

Liquidity and Cash Flow

Despite a dividend payment of EUR 3.37 per share on May 6, 2024, totaling EUR 26.8 million, ATOSS Software SE's liquidity increased by 46 percent year on year to EUR 83.3 million. Additionally, cash flow from operating activities rose by EUR 4.1 million to EUR 29.3 million as of June 30, 2024.

Summarized from source with an LLMView Source

Key figures

8.61%1Y

9.61%3Y

253%5Y

Performance

30.4%1Y

35.7%3Y

40.9%5Y

Volatility