Fabasoft AG Continues Strong Growth Trajectory, Solidifying its Market Position

• Fabasoft AG reported its Q3 2023/2024 results, with sales revenue of EUR 60.7 million, up from EUR 49.9 million in the same period of the previous fiscal year.
• The company's EBITDA for the period was EUR 16.8 million, up from EUR 11.9 million in the first nine months of the fiscal year 2022/2023.
• Fabasoft's EBIT for the period was EUR 11.0 million, up from EUR 7.0 million in the same period of the previous fiscal year.
• The company's cash flows from operating activities were EUR 9.6 million, up from EUR 1.4 million in the first nine months of the fiscal year 2022/2023.
• Fabasoft's cash and cash equivalents as of 31 December 2023 were EUR 21.5 million, down from EUR 22.8 million as of 31 December 2022.
• The company continued to grow in the first three quarters of the current fiscal year, generating higher revenue and profit compared to the same period of the previous year.

The next important date, Quarterly report, at Fabasoft is on 09.02.2024.

The price of Fabasoft at the time of the news was 20,500EUR and did not change compared to the previous day.
19 minutes after the article was published, the price was 20,550EUR this corresponds to a plus of +0,24 % since publication.

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ISIN:AT0000785407WKN:922985

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