Buy Or Sell Opportunity • May 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to €75.20. The fair value is estimated to be €94.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 30% in 2 years. Earnings are forecast to grow by 24% in the next 2 years. Upcoming Dividend • Apr 27
Upcoming dividend of €2.28 per share Eligible shareholders must have bought the stock before 04 May 2026. Payment date: 06 May 2026. Payout ratio is a comfortable 75% and the cash payout ratio is 78%. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.8%). Reported Earnings • Apr 26
First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2026 results: EPS: €0.80 (up from €0.71 in 1Q 2025). Revenue: €51.4m (up 11% from 1Q 2025). Net income: €12.8m (up 13% from 1Q 2025). Profit margin: 25% (in line with 1Q 2025). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Declared Dividend • Mar 23
Dividend increased to €2.28 Dividend of €2.28 is 7.0% higher than last year. Ex-date: 4th May 2026 Payment date: 6th May 2026 Dividend yield will be 2.9%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 23
ATOSS Software SE, Annual General Meeting, Apr 30, 2026 ATOSS Software SE, Annual General Meeting, Apr 30, 2026, at 11:00 W. Europe Standard Time. Announcement • Mar 22
ATOSS Software SE announces Annual dividend, payable on May 06, 2026 ATOSS Software SE announced Annual dividend of EUR 2.2800 per share payable on May 06, 2026, ex-date on May 04, 2026 and record date on May 05, 2026. Reported Earnings • Mar 11
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: €3.04 (up from €2.86 in FY 2024). Revenue: €189.3m (up 11% from FY 2024). Net income: €48.4m (up 6.4% from FY 2024). Profit margin: 26% (down from 27% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.0%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €101, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 18x in the Software industry in Germany. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €99.53 per share. Buy Or Sell Opportunity • Jan 13
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to €119. The fair value is estimated to be €97.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Announcement • Dec 12
ATOSS Software SE to Report First Half, 2026 Results on Aug 11, 2026 ATOSS Software SE announced that they will report first half, 2026 results on Aug 11, 2026 Announcement • Oct 30
ATOSS Software SE Appoints Joachim Schreiner as Chief Revenue Officer, Effective November 1, 2025 ATOSS Software SE appointed Joachim Schreiner as Chief Revenue Officer, effective November 1, 2025. Schreiner previously held various leadership positions, including General Manager at Salesforce Germany, where he successfully built and led the company’s German operations over a period of more than 17 years. Most recently, he was Chief Revenue Officer at the Berlin-based AI company Parloa, where he was responsible for driving the company’s growth strategy. He brings extensive expertise in sales, marketing, and business development from both global enterprise and dynamic scale-up environments. His proven ability to strategically and operationally guide growth phases, inspire teams, and build strong, trust-based customer relationships will play a pivotal role in shaping the next stage of ATOSS’s development. As CRO, Joachim Schreiner will be responsible for the entire revenue organization at ATOSS. Working closely with the international teams in Europe and India, he will focus on further expanding the company’s market position, unlocking new opportunities, and driving sustainable growth and global expansion. Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: €0.77 (vs €0.73 in 3Q 2024) Third quarter 2025 results: EPS: €0.77 (up from €0.73 in 3Q 2024). Revenue: €47.2m (up 12% from 3Q 2024). Net income: €12.3m (up 6.1% from 3Q 2024). Profit margin: 26% (down from 28% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Oct 23
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at €121. The fair value is estimated to be €100, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: €0.65 (vs €0.72 in 2Q 2024) Second quarter 2025 results: EPS: €0.65 (down from €0.72 in 2Q 2024). Revenue: €45.8m (up 9.2% from 2Q 2024). Net income: €10.4m (down 9.4% from 2Q 2024). Profit margin: 23% (down from 27% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €122, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 20x in the Software industry in Germany. Total returns to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €98.25 per share. Announcement • Jul 15
ATOSS Software SE to Report First Half, 2025 Results on Jul 24, 2025 ATOSS Software SE announced that they will report first half, 2025 results on Jul 24, 2025 Reported Earnings • Apr 28
First quarter 2025 earnings released: EPS: €0.71 (vs €0.62 in 1Q 2024) First quarter 2025 results: EPS: €0.71 (up from €0.62 in 1Q 2024). Revenue: €46.3m (up 11% from 1Q 2024). Net income: €11.3m (up 16% from 1Q 2024). Profit margin: 25% (up from 23% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% 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 • Apr 25
Upcoming dividend of €2.13 per share Eligible shareholders must have bought the stock before 02 May 2025. Payment date: 06 May 2025. Payout ratio is a comfortable 75% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (1.0%). Announcement • Mar 21
ATOSS Software SE, Annual General Meeting, Apr 30, 2025 ATOSS Software SE, Annual General Meeting, Apr 30, 2025, at 11:00 W. Europe Standard Time. Reported Earnings • Mar 10
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: €2.86 (up from €2.25 in FY 2023). Revenue: €170.6m (up 13% from FY 2023). Net income: €45.5m (up 27% from FY 2023). Profit margin: 27% (up from 24% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.7%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Declared Dividend • Feb 03
Dividend of €2.13 announced Shareholders will receive a dividend of €2.13. Ex-date: 2nd May 2025 Payment date: 6th May 2025 Dividend yield will be 1.8%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 23% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Jan 24
Now 20% overvalued Over the last 90 days, the stock has fallen 9.3% to €117. The fair value is estimated to be €97.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 12% in the next 2 years. Buy Or Sell Opportunity • Dec 04
Now 24% overvalued Over the last 90 days, the stock has fallen 3.5% to €128. The fair value is estimated to be €104, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period. Buy Or Sell Opportunity • Oct 25
Now 20% overvalued Over the last 90 days, the stock has fallen 2.1% to €129. The fair value is estimated to be €107, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 8.0% per annum over the same time period. Reported Earnings • Oct 23
Third quarter 2024 earnings released: EPS: €0.73 (vs €0.54 in 3Q 2023) Third quarter 2024 results: EPS: €0.73 (up from €0.54 in 3Q 2023). Revenue: €42.1m (up 14% from 3Q 2023). Net income: €11.6m (up 35% from 3Q 2023). Profit margin: 28% (up from 23% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. 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 11% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Oct 08
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to €132. The fair value is estimated to be €109, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. Buy Or Sell Opportunity • Sep 23
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to €131. The fair value is estimated to be €109, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 10.0% per annum over the same time period. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €118, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 18x in the Software industry in Germany. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €110 per share. Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: €0.72 (vs €0.53 in 2Q 2023) Second quarter 2024 results: EPS: €0.72 (up from €0.53 in 2Q 2023). Revenue: €42.0m (up 13% from 2Q 2023). Net income: €11.5m (up 36% from 2Q 2023). Profit margin: 27% (up from 23% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Aug 10
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 9.6% to €135. The fair value is estimated to be €110, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Buy Or Sell Opportunity • Jul 12
Now 20% overvalued Over the last 90 days, the stock has fallen 6.7% to €118. The fair value is estimated to be €97.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. New Risk • Jun 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Jun 07
Now 21% overvalued Over the last 90 days, the stock has fallen 9.0% to €237. The fair value is estimated to be €195, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 19% in the next 2 years. Reported Earnings • Apr 29
First quarter 2024 earnings released: EPS: €1.23 (vs €0.97 in 1Q 2023) First quarter 2024 results: EPS: €1.23 (up from €0.97 in 1Q 2023). Revenue: €41.8m (up 16% from 1Q 2023). Net income: €9.76m (up 26% from 1Q 2023). Profit margin: 23% (up from 21% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 25
Upcoming dividend of €3.37 per share Eligible shareholders must have bought the stock before 02 May 2024. Payment date: 06 May 2024. Payout ratio is a comfortable 75% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.2%). Reported Earnings • Mar 13
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: €4.50 (up from €2.44 in FY 2022). Revenue: €151.2m (up 33% from FY 2022). Net income: €35.8m (up 85% from FY 2022). Profit margin: 24% (up from 17% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 4.3%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year. Declared Dividend • Feb 02
Dividend of €4.37 announced Shareholders will receive a dividend of €4.37. Ex-date: 2nd May 2024 Payment date: 6th May 2024 Dividend yield will be 1.8%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 01
ATOSS Software AG to Report First Half, 2024 Results on Jul 24, 2024 ATOSS Software AG announced that they will report first half, 2024 results on Jul 24, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: €1.08 (vs €0.68 in 3Q 2022) Third quarter 2023 results: EPS: €1.08 (up from €0.68 in 3Q 2022). Revenue: €37.0m (up 31% from 3Q 2022). Net income: €8.60m (up 58% from 3Q 2022). Profit margin: 23% (up from 19% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 21% per year. Reported Earnings • Jul 26
Second quarter 2023 earnings released: EPS: €1.07 (vs €0.60 in 2Q 2022) Second quarter 2023 results: EPS: €1.07 (up from €0.60 in 2Q 2022). Revenue: €37.0m (up 34% from 2Q 2022). Net income: €8.46m (up 78% from 2Q 2022). Profit margin: 23% (up from 17% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 25
ATOSS Software AG to Report First Half, 2023 Results on Jul 24, 2023 ATOSS Software AG announced that they will report first half, 2023 results on Jul 24, 2023 Price Target Changed • Jul 18
Price target increased by 8.6% to €209 Up from €192, the current price target is an average from 5 analysts. New target price is 7.2% below last closing price of €225. Stock is up 65% over the past year. The company is forecast to post earnings per share of €3.39 for next year compared to €2.44 last year. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: €0.97 (vs €0.52 in 1Q 2022) First quarter 2023 results: EPS: €0.97 (up from €0.52 in 1Q 2022). Revenue: €36.2m (up 35% from 1Q 2022). Net income: €7.73m (up 86% from 1Q 2022). Profit margin: 21% (up from 16% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Apr 25
Upcoming dividend of €2.83 per share at 1.1% yield Eligible shareholders must have bought the stock before 02 May 2023. Payment date: 04 May 2023. Payout ratio is on the higher end at 75%, however this is supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.6%). Reported Earnings • Feb 05
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: €2.44 (up from €2.43 in FY 2021). Revenue: €113.9m (up 17% from FY 2021). Net income: €19.4m (flat on FY 2021). Profit margin: 17% (down from 20% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Feb 01
Price target increased by 7.8% to €180 Up from €167, the current price target is an average from 5 analysts. New target price is 11% above last closing price of €162. Stock is down 15% over the past year. The company is forecast to post earnings per share of €2.51 for next year compared to €2.43 last year.