Aankondiging • Feb 11
Beta Systems Software AG, Annual General Meeting, Mar 20, 2025 Beta Systems Software AG, Annual General Meeting, Mar 20, 2025, at 10:00 W. Europe Standard Time. Aankondiging • Jul 09
Beta Systems Software AG' ANOW! Automation and Orchestration Solution Is Now Available on AWS Marketplace Beta Systems Software AG announced a significant development in its cloud strategy with the release of its product, ANOW!, on the AWS Marketplace, thereby expanding access to a broader audience of cloud customers worldwide. The Software as a Service (SaaS) offering for ANOW! a leading service automation and orchestration solution, is now officially available on the AWS Marketplace. This catalog of third-party software and services that run on the AWS allows cloud users to subscribe the product as a service. The service usage charges are included in the customers' AWS bill, which reduces the procurement and billing complexities. With ANOW! SaaS offering, organizations can fully rely on Beta Systems' hosting and operations services on AWS to automate and orchestrate their complex, hybrid environments in a streamlined and hassle-free way. ANOW! is the most innovative workload automation product on the market according to independent industry analysts. The one-click-away concept, web-based interface, self-service, and collaboration features make ANOW! a solution that democratizes access to automation and its advantages, empowering both IT and non-technical users with the necessary tools and information. ANOW! effectively addresses the challenges of managing hybrid- and multi-cloud environments, such as insufficient integration and monitoring, and limited prediction, forecasting, and diagnostic capabilities. It provides a single point of cross-platform management across the entire enterprise ecosystem and helps control cloud usage costs. Since becoming an official AWS partner in March 2024, Beta Systems has aimed to enhance its presence in the cloud ecosystem by leveraging the vast network and opportunities available to members of the Amazon Partner Network (APN). Offering ANOW! in the AWS Marketplace represents a natural progression in this partnership enabling co-selling activities between AWS and Beta Systems. Aankondiging • Jul 02
Beta Systems Unveils Lighthouse Program for Data Center Solutions The Lighthouse program unveils the next generation of Beta Systems Software AG product portfolio for Data Centers infrastructure and operations. The update of Beta Systems’ data center intelligence products serves market needs with a wide range of exciting new features that significantly improve the efficiency, flexibility, and security of IT infrastructure operations. The company has incorporated hundreds of customer-driven product enhancements that reflect market trends, operational needs, and data-driven user insights. By leveraging AI and the latest architecture level, product efficiency is being optimized to harness the full processing power of the IBM mainframe. With the support of new mainframe features like z/OSMF or zCX, Beta Systems opens its products for non-z/OS consumers. With an open flexible but standardized API approach, a maximum on containerization of non-mainframe products and a cohesive, modern user experience across the entire product portfolio, the Lighthouse program integrates the IBM mainframe and Beta Systems’ portfolio seamlessly into hybrid cloud scenarios. This allows organizations to leverage the strengths of their existing IT infrastructure while reaping the benefits of modern cloud technologies and simplifying workload management between mainframe and hybrid cloud solutions. In addition, the Lighthouse product suite also includes new cloud native products most notable the market leading services orchestration and automation platform ANOW!. As one of Beta Systems’ first cloud products, ANOW! is offered as an on-premise private cloud as well as a SaaS option. All non-mainframe cloud products will be made available on cloud marketplaces starting with the AWS marketplace to address future needs on products deployment and consumption while opening up for new customer segments. The Lighthouse Generation will be available as of 1 July 2024. Major Estimate Revision • Jun 13
Consensus EPS estimates fall by 48% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €78.3m to €76.5m. EPS estimate also fell from €0.89 per share to €0.46 per share. Net income forecast to grow 108% next year vs 17% growth forecast for Software industry in Germany. Consensus price target down from €43.00 to €36.60. Share price fell 2.8% to €28.20 over the past week. Reported Earnings • May 27
First half 2024 earnings released: EPS: €0.41 (vs €1.50 in 1H 2023) First half 2024 results: EPS: €0.41 (down from €1.50 in 1H 2023). Revenue: €81.2m (up 71% from 1H 2023). Net income: €3.81m (down 45% from 1H 2023). Profit margin: 4.7% (down from 15% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 14
Upcoming dividend of €0.04 per share Eligible shareholders must have bought the stock before 21 March 2024. Payment date: 25 March 2024. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (1.2%). Reported Earnings • Feb 03
Full year 2023 earnings released: EPS: €1.46 (vs €2.78 in FY 2022) Full year 2023 results: EPS: €1.46 (down from €2.78 in FY 2022). Revenue: €77.1m (down 11% from FY 2022). Net income: €6.73m (down 48% from FY 2022). Profit margin: 8.7% (down from 15% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 4% per year. Buying Opportunity • Dec 23
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be €42.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings is also forecast to grow by 1.1% per annum over the same time period. New Risk • Dec 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Aankondiging • Nov 15
Easy Software AG (HMSE:ESY) signed an agreement to acquire PROXESS Holding GmbH from Beta Systems Software AG (DB:BSS) for €14.9 million. Easy Software AG (HMSE:ESY) signed an agreement to acquire PROXESS Holding GmbH from Beta Systems Software AG (DB:BSS) for €14.9 million on November 13, 2023.The deal is expected to close on November 16. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €33.20, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 25x in the Software industry in Germany. Total returns to shareholders of 28% over the past three years. Aankondiging • Oct 06
Beta Systems Software AG (DB:BSS) acquired InfiniteDATA Sp. z o. o. Beta Systems Software AG (DB:BSS) acquired InfiniteDATA Sp. z o. o. on October 4, 2023. InfiniteDATA becomes part of Beta Systems Software. Mark Sapsford of Cap Equity Advisors acted as advisor to InfiniteDATA.
Beta Systems Software AG (DB:BSS) completed the acquisition of InfiniteDATA Sp. z o. o. on October 4, 2023. New Risk • Jul 03
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 17% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.2% per year for the foreseeable future. Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Upcoming Dividend • Mar 23
Upcoming dividend of €0.04 per share at 0.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 03 April 2023. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.8%). Reported Earnings • Jan 26
Full year 2022 earnings released: EPS: €2.78 (vs €1.72 in FY 2021) Full year 2022 results: EPS: €2.78 (up from €1.72 in FY 2021). Revenue: €87.5m (up 20% from FY 2021). Net income: €12.9m (up 59% from FY 2021). Profit margin: 15% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 22% per year. Aankondiging • Jan 19
Beta Systems Software AG to Report Fiscal Year 2022 Results on Jan 18, 2023 Beta Systems Software AG announced that they will report fiscal year 2022 results on Jan 18, 2023 Reported Earnings • May 23
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €4.33m from profit in 1H 2021). Profit margin: (down from 12% in 1H 2021). The decrease in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 17
Upcoming dividend of €0.21 per share Eligible shareholders must have bought the stock before 24 March 2022. Payment date: 28 March 2022. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (1.8%). Upcoming Dividend • May 20
Upcoming dividend of €0.21 per share Eligible shareholders must have bought the stock before 27 May 2021. Payment date: 31 May 2021. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.6%). Aankondiging • May 05
An undisclosed buyer acquired LYNET Kommunikation AG from Beta Systems Software AG (DB:BSS). An undisclosed buyer acquired LYNET Kommunikation AG from Beta Systems Software AG (DB:BSS) on May 3, 2021.
An undisclosed buyer completed the acquisition of LYNET Kommunikation AG from Beta Systems Software AG (DB:BSS) on May 3, 2021. Is New 90 Day High Low • Mar 16
New 90-day high: €28.40 The company is up 5.0% from a price of €27.00 on 16 December 2020. Underperformed the German market, which is up 9.0% over the last 90 days. Exceeded the Software industry, which is up 2.0% over the same period. Is New 90 Day High Low • Feb 04
New 90-day high: €28.00 The company is up 10.0% from its price of €25.40 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 11% over the same period. Reported Earnings • Jan 24
Full year 2020 earnings released: EPS €1.92 The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €73.4m (up 38% from FY 2019). Net income: €9.18m (up 52% from FY 2019). Profit margin: 13% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 20
Beta Systems Software AG to Report First Half, 2021 Results on May 21, 2021 Beta Systems Software AG announced that they will report first half, 2021 results on May 21, 2021 Is New 90 Day High Low • Jan 20
New 90-day high: €27.60 The company is up 10.0% from its price of €25.20 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 13% over the same period.