4 February 2026
Recent Results
Q1 2025/26
At a Glance
- Revenue of EUR 125.8 million down 6% year on year (Q1 24/25: EUR 134.2 million); Cloud services growth at 3%; Software and support revenue down significantly by 13%
- Share of recurring revenues increases to 53% (Q1 24/25: 50%)
- EBIT margin before M&A effects (non-IFRS) falls to 5.3% (Q1 24/25: 8.2%)
- EBIT before M&A effects (non-IFRS) of EUR 6.6 million (Q1 24/25: EUR 11.0 million) significantly below strong prior-year figure
- Cash flow from operating activities of minus EUR 1.1 million significantly above the prior year (Q1 25/26: minus EUR 7.3 million)
- All for One signs agreement to acquire international SAP procurement specialist »apsolut Group«
- Segment reporting adapted to operating model
- Forecast for 2025/26 confirmed
Key Figures: Q1 2025/26
Revenue
-6%
in EUR millions
125.8
Q1 24/25: 134.2
EBIT before M&A effects (non-IFRS)
-40%
in EUR millions
6.6
Q1 24/25: 11.0
Recurring revenue
–
in EUR millions
67.1
Q1 24/25: 66.9
Result for the period
-56%
in EUR millions
2.9
Q1 24/25: 6.5
Employee retention
in %
89.7
Q1 24/25: 91.4
Health index
in %
96.0
Q1 24/25: 96.6
Documents and Links
Archive of Investor Calls
15.12.2025 // 12 Months 2024/25
Live Recording for Financial Year 2024/25
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
