Fabasoft (FAA) Q2 2027 earnings summary

Executive summary

• H1 FY2026/2027 revenue rose 18.0% YoY to €51.480m; recurring revenue grew 19.4% to €31.172m, or 60.6% of revenue.

• EBIT increased 49.6% to €10.947m and EBITDA rose 34.7% to €14.979m; management characterized EBIT strength as temporary, reflecting timing of marketing, hiring and investment activity.

• Net income rose 53.8% to €7.822m; operating cash flow was €7.034m versus €0.832m, and period-end cash was €35.847m.

Financial highlights

• H1 revenue was €51.480m versus €43.641m; recurring revenue was €31.172m versus €26.113m, and non-recurring revenue was €20.308m versus €17.528m.

• EBIT was €10.947m versus €7.319m; EBITDA was €14.979m versus €11.119m; result before tax was €10.542m versus €6.939m.

• Net income was €7.822m versus €5.085m; basic and diluted EPS rose to €0.72 from €0.44.

• Q2 revenue reached €26.115m versus €22.445m; EBIT was €5.645m versus €4.909m and EBITDA was €7.669m versus €6.815m.

• Personnel costs rose 6.9% YoY, below revenue growth; headcount was 493 at 30 September 2026 versus 497 a year earlier.

Outlook and guidance

• FY2026/2027 priorities include product development, AI capabilities and data-center capacity, intensified sales and marketing, partner networks, staff training and international market development.

• Growth initiatives and office expansion are expected to affect earnings and financial position as the year progresses; strategic priorities may take precedence over short-term earnings targets.

• SAP S/4HANA Public Cloud core-system go-live took place in October 2026; reporting and analytics integrations are planned for coming months.

• Digital transformation, security, interoperability and digital sovereignty remain opportunities amid global political and macroeconomic uncertainty.