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EQS-News: Fabasoft AG / Key word(s): Annual Report/Dividend
Fabasoft AG: Fabasoft confirms growth course in the 2023/2024 fiscal year
2024-06-05 / 07:36 CET/CEST
The issuer is solely responsible for the content of this announcement.
Fabasoft AG (ISIN AT0000785407, WKN 922985, Prime Standard) published its consolidated figures for the fiscal year 2023
/2024 (1 April 2023 - 31 March 2024) on 5 June 2024:
. Sales revenue: EUR 81.0 million (EUR 69.2 million in the fiscal year 2022/2023)
. EBITDA: EUR 21.6 million (EUR 16.8 million in the fiscal year 2022/2023)
. EBIT: EUR 13.4 million (EUR 10.0 million in the fiscal year 2022/2023)
. Cash flows from operating activities: EUR 19.5 million (EUR 7.0 million in the fiscal year 2022/2023)

. Cash and cash equivalents: EUR 25.1 million as of 31 March 2024 (EUR 26.6 million as of 31 March 2023)


Linz, 5 June 2024 - The Fabasoft Group's revenue increased by 16.9% from EUR 69.2 million to EUR 81.0 million in the
fiscal year 2023/2024, which ended on 31 March 2024.

Increase in profitability despite continued investment in growth measures
With continued investments in research and development, the development and expansion of the Fabasoft Ecosystems and
higher personnel expenses, the Fabasoft Group increased its operating result (EBIT) to EUR 13.4 million in the fiscal
year 2023/2024 compared to the previous year. EBITDA increased to EUR 21.6 million in the same period of the previous
year. In the 2023/2024 fiscal year, the Fabasoft Group's research and development expenditure was again at a very high
level compared to the rest of the industry, with a research ratio of 31.4% of revenue. Fabasoft focused on the research
and development of proprietary software product technology and the Cloud and appliance offerings based on it, as well
as on artificial intelligence (AI) fields of application.
"The past fiscal year has shown that the Fabasoft Group is on the right track with its consistent pursuit of the
Fabasoft Ecosystem strategy", comments Fabasoft CEO Dipl.-Ing. Helmut Fallmann on the past fiscal year 2023/2024. "The
powerful combination of the Fabasoft PROCECO Cloud and Mindbreeze enables companies to benefit from increased process
quality, process speed and process reliability, while reducing process costs at the same time", Fallmann continues.
As at 31 March 2024, the company employed 497 people. A year earlier, it had 451 employees.
At the Annual General Meeting of Fabasoft AG on 2 July 2024, a dividend distribution of EUR 0.10 per share (ISIN
AT0000785407) will be proposed for the fiscal year 2023/2024.

The Annual Report and the Annual Financial Report are available at the following links:

Annual Report:
German (PDF):
https://www.fabasoft.com/group/Fabasoft_AG_Geschaeftsbericht_2023_2024.pdf
English (PDF):
https://www.fabasoft.com/group/Fabasoft_AG_AnnualReport_2023_2024.pdf

Annual Financial Report:
German (ESEF):
https://www.fabasoft.com/group/Fabasoft_AG_Jahresfinanzbericht_2023_2024_ESEF.zip
English (PDF):
https://www.fabasoft.com/group/Fabasoft_AG_AnnualFinancialReport_2023_2024.pdf

About Fabasoft:
Fabasoft is one of the leading software product companies and cloud service providers for digital document, process and
records management in Europe. With the unique Ecosystem Fabasoft PROCECO, Fabasoft unites powerful digital solutions
for document-intensive business processes. Numerous well-known private enterprises and public-sector organizations have
trusted in the quality and experience of Fabasoft for over three decades.
Fabasoft AG (ISIN AT0000785407; WKN 922985; Bloomberg Code FAA GY; Reuters Code FAAS.DE)

Linz, 5 June 2024
Klaus Fahrnberger, Investor Relations Manager
E-Mail: ir@fabasoft.com, Telephone: +43 732 60 61 62 0
2024-06-05 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      Fabasoft AG 

Honauerstraße 4
4020 Linz
Austria

Phone:        +43 732 606 162 
Fax:          +43 732 606 162 609 
E-mail:       ir@fabasoft.com 
Internet:     www.fabasoft.com 
ISIN:         AT0000785407 
WKN:          922985 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1918095

End of News EQS News Service
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1918095 2024-06-05 CET/CEST

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END) Dow Jones Newswires

June 05, 2024 01:36 ET (05:36 GMT)