on Fabasoft AG (isin : AT0000785407)
Fabasoft AG Reports a Successful First Half of Fiscal Year 2024/2025
Fabasoft AG announced its financial results for the first six months of the fiscal year 2024/2025. The company reported a sales revenue of EUR 42.5 million, marking a 7.7% increase compared to the previous year. EBITDA reached EUR 10.6 million, with EBIT slightly decreasing to EUR 6.6 million. Operating cash flows increased to EUR 4.9 million, while cash and cash equivalents stood at EUR 24.0 million as of September 2024.
Recurring revenues, a critical measure for software firms, saw a robust growth of 14.8%, now constituting 57.0% of total revenues. Fabasoft remains the leading company in Austria regarding R&D intensity, dedicating 31.4% of its revenue to research and development. The company continues to focus heavily on AI solutions, supporting digital transformation efforts for its clients.
R. E.
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