on Fabasoft AG (ETR:FAA)
Fabasoft AG Reports Strong Start to Fiscal Year 2026/2027
Fabasoft AG has announced robust financial results for the first quarter of fiscal year 2026/2027. The company recorded a revenue of EUR 25.4 million, marking a 19.7% increase from EUR 21.2 million in the same period the previous year. This growth is attributed to a rise in recurring revenues, which reached EUR 15.2 million.
The group's EBITDA climbed to EUR 7.3 million, up from EUR 4.3 million the year before, while EBIT rose to EUR 5.3 million from EUR 2.4 million. Cash flow from operating activities significantly improved, moving from a negative EUR 0.5 million to EUR 1.3 million. Cash reserves also saw an uplift to EUR 40.3 million.
Despite a stagnant headcount of 499 employees, personnel expenses experienced a mild rise due to increased revenues. Operating expenses reduced slightly by 2.7%. CEO Helmut Fallmann emphasized Fabasoft's commitment to innovation and strategic growth areas as fiscal year 2026/2027 progresses.
R. H.
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