ATOSS Software SE's Q2 Performance: Strong Growth in Cloud

ATOSS Software SE demonstrated robust performance in Q2, driven primarily by increased momentum in cloud and subscription services. Sales surged by 13% to €51.8 million, with cloud and subscriptions experiencing a 25.9% rise to €28.7 million. This shift reflects the company's ongoing transition to cloud-based solutions, as legacy license sales continued to decline, representing now only 2% of the quarterly sales.

Notably, ATOSS saw a significant increase in its cloud and subscription order backlog, adding €6.4 million in Q2, marking a 56% rise compared to the previous year. This growth underscores the company's strong market position, particularly in healthcare and semiconductor sectors.

EBIT also improved by 18.9% to €18.1 million, highlighting effective cost management and cloud scalability. Although management refrained from updating its outlook, a potential increase in guidance appears likely with Q3 figures. The FY27 margin target has been upgraded to ≥35%, reflecting confidence in cloud scaling and operational efficiencies.