ATOSS Software (AOF) Investor Presentation summary

Market position and business overview

• Leading provider in workforce management with over 4 million employees integrated and 34% EBIT margin as of 2023.

• Serves 1,200 enterprise and 2,000 SMB customers, with 12,700 cloud customers across 50 countries.

• Over 30 years of market experience, recognized as an innovator and first mover in workforce management.

• Double-digit revenue growth year-over-year since 2014, with strong investment in R&D (16% of revenue).

• High customer retention (123% net retention rate) and low cloud churn (2%).

Market trends and product offering

• Workforce management market is experiencing double-digit growth, driven by digitalization, AI adoption, and regulatory complexity.

• Cloud-based solutions are rapidly gaining share, projected to reach 67% of market deployment by 2028.

• Product suite covers scheduling, forecasting, time & attendance, absence, qualification management, and analytics for all company sizes.

• Solutions deliver measurable ROI: up to 15% reduction in personnel costs, 22% less balance-sheet provisions, and 11% revenue uplift.

Financial performance and key metrics

• Achieved 18 consecutive years of record revenue, reaching €151 million in 2023 (+33% YoY).

• Recurring revenue grew 33% to €114 million, with software revenue up 38%.

• EBIT margin increased to 34% in 2023, with net profit at €35.8 million (+85% YoY) and EPS at €4.50.

• Cloud ARR rose 44% to €58.9 million in 2023, with cloud and subscription now 59% of recurring revenue.

• Total committed future revenue from contracts increased 22% to €154.5 million at end of 2023.