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ATOSS Software (AOF) investor relations material
ATOSS Software Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 20th consecutive record year with revenue up 11% year-over-year to €189.3 million and EBIT margin at 36%, supported by a 15% CAGR since 2014 and strong Q4 performance driven by cloud transition and international expansion.
Successfully completed midterm guidance, with EBIT margin above 35% for two consecutive years, exceeding the >30% target.
Cloud and subscription revenues surged 28% year-over-year to €92.7 million, now representing 49% of total revenues, and were the main growth drivers.
International expansion continued, with 6% of revenues from outside the DACH region and notable new customer wins in Benelux, Middle East, and France.
Recurring revenue grew 18% year-over-year, accounting for 70% of total revenue.
Financial highlights
Full year 2025 revenues reached €189.3 million, up 11% year-over-year; software revenues grew 13% to €140.7 million.
EBIT for FY2025 was €68.1 million (36% margin), up 7% year-over-year; Q4 EBIT was €20.0 million (40% margin), up 13%.
Net profit for FY2025 reached €48.4 million, up 6% year-over-year; EPS increased to €3.04.
Operating cash flow was €47.2 million, down 21% year-over-year; liquidity at year-end 2025 was €123.2 million, up from €112 million in 2024.
ARR increased 18% to €140 million; cloud and subscription ARR up 28% to €101.3 million.
Outlook and guidance
2026 revenue outlook is around €215 million with EBIT margin at least 32%; 2027 revenue projected at €245 million with EBIT margin at least 33%.
Cloud and subscription revenues expected to grow 25%+ in 2026; total recurring revenues to rise >15%.
Long-term ambition to reach €400 million revenue by 2030, with continued investment in organic and selective inorganic growth.
Projections for 2026–2027 include a 14% CAGR in total revenue and 16% CAGR in software revenue, with recurring revenue targeted at ~75% by 2027.
Ongoing digitalization and AI integration expected to drive future growth and efficiency.
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