RIB Software AG / Key word(s): Interim Report 30.04.2015 RIB Software AG (RSTA) with an increase in total revenue of 46.4% RIB looks back on a successful first quarter with the conclusion of 7 Phase II deals and iTWO software revenue growth of 156.3% Stuttgart, Germany, 30 April 2015. RIB Software AG looks back on a successful first quarter 2015. Due to the significant increase in international revenues (excluding the DACH Region - Germany, Austria and Switzerland), total revenue for the RIB Group grew by 46.4% to EUR 20.2 million (previous year: EUR 13.8 million). International revenue increased by 136.8% to EUR 9.0 million (previous year: EUR 3.8 million) while revenues in the DACH Region grew by 13% to EUR 11.3 million (previous year: EUR 10.0 million). The software license revenue with iTWO 5D witnessed a particularly significant increase of 156.3% to EUR 4.1 million (previous year: EUR 1.6 million). The increase was distributed equally between the German market (EUR +1.2 million) and the international markets (EUR +1.3 million). The Cloud and SaaS revenue with the iTWO platform increased to EUR 4.8 million (previous year: EUR 2.0 million). Software revenue on the whole grew by 90.2% to EUR 9.7 million (previous year: EUR 5.1 million). Earnings after taxes reached EUR 2.8 million in the first three months (previous year: EUR 1.5 million). This is equivalent to an increase of 86.7%. EBITDA increased by 65.7% to EUR 5.8 million (previous year: EUR 3.5 million). The margin improved to 28.7% in comparison to the same quarter of the previous year. In the reporting period, R&D expenses primarily increased by 26.7% to EUR 1.9 million (previous year: EUR 1.5 million) due to the strengthening of our development team in the area of Cloud solutions. In the first quarter, we were already able to conclude 7 of the planned 25 Phase II/III deals globally. This places us on track in respect of our annual goal of increasing the Phase II/III closings by 80%, and we hereby confirm our annual forecast for the financial year of increasing revenue to a bandwidth of between EUR 85.0 million and EUR 95.0 million and reaching an EBITDA of between EUR 29.0 million and EUR 36.0 million.
* Presentation of previous as of December 31, 2014 The complete Interim Report January - March 2015 is available for download on the RIB Group website under investor relations. About RIB Group RIB Software AG is an innovator in construction business. The company creates, develops, and offers iTWO³ - new thinking, new working method and new technology - for construction projects across various industries worldwide. iTWO today is the world's first Cloud / License based Big Data 5D BIM enterprise solution for construction companies, industrial companies, developers and investors. Since its inception in 1961, RIB Software AG has been the pioneer in construction innovation, exploring and bringing in new thinking, new working method and new technology to enhance construction productivity, and transforming the construction industry into the most advanced and digitalized industry in the 21st century. RIB is headquartered in Stuttgart, Germany, and listed in Prime Standard Frankfurt Stock Exchange since 2011. With about 700 talents located in over 30 offices worldwide, RIB is serving 100,000 clients including construction contractors, sub-contractors, developers, owners, investors and governments, in the field of building construction, infrastructure, EPC sector and more. 2015-04-30 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | RIB Software AG | |
Vaihinger Str. 151 | ||
70567 Stuttgart | ||
Germany | ||
Phone: | +49 (0)711-7873-0 | |
Fax: | +49 (0)711-7873-311 | |
E-mail: | info@rib-software.com | |
Internet: | www.rib-software.com | |
ISIN: | DE000A0Z2XN6 | |
WKN: | A0Z2XN | |
Indices: | TecDAX | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart | |
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