Atoss stock: Increased dividend and all-time high.

Last Updated: 31. Januar 2024By

The Atoss share has really revved up the turbo at the beginning of the new year after a strong stock year 2023. In the past weeks, the stock has climbed around 25 percent and, following the recently published numbers, reached a new all-time high in morning trading today – at one point, the stock was trading above the mark of 255 euros (as of January 31, 2024, around 11 a.m.).

In the final quarter, the software company was able to increase even further and exceed its own expectations for the full year 2023. In light of the convincing numbers, CEO Andreas Obereder also announced an increase in dividends according to the company’s dividend policy. Atoss confirmed its targets for the year 2025, which could lead to further positive surprises. Investors should continue to keep an eye on the stock, despite or precisely because of the rally.

Atoss with strong numbers for 2023 With a turnover of around 151 million euros, Atoss Software not only significantly exceeded the previous year’s revenues by about one third, but also beat its own forecast raised in autumn. After 9 months of 2023, the company had still expected a turnover of 145 million euros.

Even in terms of EBIT margin and profit, the provider of workforce management software listed in the SDAX exceeded expectations. The margin climbed to 34 percent (an increase of 7 percent compared to 2022) and a profit of just under 36 million euros was left over (an increase of 85 percent).

For the current year, Atoss expects a turnover of 170 million euros (previous estimate 160 million euros) and an EBIT margin of 30 percent. The management is sticking to its targets for 2025: turnover is expected to increase to 190 million euros and the margin is expected to reach 30 percent or more.

Atoss share: There is still growth potential Given the very strong numbers for 2023, the targets for 2024 and 2025 seem rather conservative. On the one hand, as an investor, one can criticize this as not very ambitious or interpret it as a bad sign. On the other hand, this creates further potential for surprises. It is quite possible that Atoss will also exceed its forecasts in the coming quarters.

This also creates further potential for the Atoss share. While setbacks are always possible, even in terms of performance (a whopping 55 percent increase in share price in the last 12 months), there are several reasons to consider investing in the Atoss share, including the potential for further growth, high profitability, and the increased dividend. The management will propose a dividend of 3.37 euros to the shareholders.