Germany's ATOSS Software Q1 profit climbs on cloud growth; lifts FY margin view

ATOSS Software SE

24/04/2026 06:15

Overview

Germany workforce management software firm's Q1 revenue rose 11% yr/yr, driven by cloud growth

Q1 EBIT margin improved to 35% from 34% on cost management and process optimization

Company raised 2026 EBIT margin forecast to at least 34%, maintains revenue outlook

Outlook

ATOSS maintains 2026 revenue forecast at around EUR 215 mln

Company raises 2026 EBIT margin forecast to at least 34% from at least 32%

ATOSS sees dynamic growth in artificial intelligence as a key driver for future efficiency gains

Result Drivers

CLOUD & SUBSCRIPTIONS - Revenue from cloud and subscriptions rose 27% yr/yr and was the main growth driver, now accounting for 53% of total revenue

RECURRING REVENUE - Recurring revenue from cloud, subscriptions, and maintenance increased 17% yr/yr, making up 71% of total revenue

COST MANAGEMENT & EFFICIENCY - EBIT margin improvement attributed to strict cost management and process optimizations

Company press release: ID:nEQ8q9llKa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 51.44 mln
Q1 EPS
EUR 0.80
Q1 Net Income
EUR 12.80 mln
Q1 EBIT
EUR 18.16 mln
Q1 EBITDA
EUR 19.36 mln
Q1 Pretax Profit
EUR 18.91 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for ATOSS Software SE is €130.00, about 64.3% above its April 23 closing price of €79.10

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 36 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)