Fabasoft AG Reports 7.6% Revenue Increase in First Nine Months of Fiscal Year 2024/2025

Fabasoft AG announced a 7.6% increase in revenue for the first nine months of the fiscal year 2024/2025, reaching EUR 65.4 million compared to EUR 60.7 million last year. Recurring revenue saw a notable rise of 13.8%, amounting to EUR 36.4 million. The company's EBITDA was EUR 17.2 million, slightly up from EUR 16.8 million, while EBIT increased to EUR 11.4 million from EUR 11.0 million.

The company emphasized its commitment to high investment intensity, focusing on product development, technology expansion, and digital transformation, including AI and cloud-based solutions. The workforce expanded by 1.6%, totaling 501 employees by the end of December 2024.