15 December 2025
Recent Results
12 Months 2024/25
At a Glance
- Sales slightly down on previous year at EUR 503.7 million (minus 2%)
- Recurring cloud service revenue and commissions offset the loss of one-off licence revenue and associated maintenance revenue almost entirely
- EBIT margin before M&A effects (non-IFRS) fell to 5.2% (2023/24: 6.7%);
EBIT before M&A effects (non-IFRS): EUR 26.0 million (2023/24: EUR 34.0 million) - Strong cash flow from operating activities of EUR 39.7 million (2023/24: EUR 41.0 million) reflects the sustainable business model and efficient working capital management; Free cash flow is EUR 20.3 million (2023/24: EUR 22.7 million)
- Sustainability metrics significantly improved
- Payout ratio of 52% confirms stable dividend strategy; proposed dividend of EUR 1.20 per share
- Forecast confirmed
Key Figures: 12 Months 2024/25
Revenue
-2%
in EUR millions
503.7
10/2023 – 09/2024: 511.4
Recurring revenue *
+1%
in EUR millions
265.7
10/2023 – 09/2024: 263.8
* Prior-year figure adjusted
EBIT before M&A effects (non-IFRS)
-24%
in EUR millions
26.0
10/2023 – 09/2024: 34.0
Result for the period
-38%
in EUR millions
11.4
10/2023 – 09/2024: 18.3
Employee retention
in %
90.4
10/2023 – 09/2024: 90.9
Health index
in %
96.8
10/2023 – 09/2024: 96.6
Documents and Links
Live Recording of Investor Call
12 Months 2024/25
Archive of Investor Calls
07.08.2025 // 9 Months 2024/25
Live Recording for 3rd Quarter 2024/25
15.05.2025 // 6 Months 2024/25
Live Recording for Half-Year 2024/25
10.02.2025 // 3 Months 2024/25
Live Recording for 1st Quarter 2024/25
16.12.2024 // 12 Months 2023/24
Live Recording for Financial Year 2023/24
08.08.2024 // 9 Months 2023/24
Live Recording for 3rd Quarter 2023/24
16.05.2024 // 6 Months 2023/24
Live Recording for Half-Year 2023/24
