DGAP-News
RIB Group announces its figures for the first quarter 2021
DGAP-News: RIB Software SE / Key word(s): Quarterly / Interim Statement April 30, 2021 |
RIB Group announces its figures for the first quarter 2021:
Strong increase in software license revenues by 23.0% to € 10.7 million // EBITDA grows by 46.8% to € 22.6 million
- Software license revenues increase by 23.0% to € 10.7 million (previous year: € 8.7 million)
- EBITDA grows by 46.8% to € 22.6 million (previous year: € 15.4 million)
- Cash flow from operating activities increases by 30.6% to € 32.0 million (previous year: € 24.5 million)
- Domestic revenues grow by 24.1% to € 24.7 million (previous year: € 19.9 million)
- Group revenue increases by 9.4% to € 68.8 million (previous year: € 62.9 million)
- Recurring support revenues grow by 11.9% to € 15.1 million (previous year: € 13.5 million)
Stuttgart, Germany, April 30, 2021. RIB Software SE, the world's leading provider of iTWO 4.0 cloud enterprise platform technology, today announces its key financial figures for the first quarter 2021.
RIB Group shows solid growth in the first quarter 2021
Total revenues increased by 9.4% to € 68.8 million (previous year: € 62.9 million). Software revenues (ARR + NRR) increased by 3.1% to € 50.6 million (previous year: € 49.1 million). Service revenues grew by 32.8% to € 18.2 million (previous year: € 13.7 million). Organic revenue growth in the Group was 2.3%. EBITDA increased by 46.8% year-on-year to € 22.6 million (previous year: € 15.4 million). At 32.8%, the EBITDA margin was with 8.3 percentage points significantly above the previous year. Earnings after taxes rose substantially by 112.1% to € 7.0 million (previous year: € 3.3 million).