Atoss Software Se · XETR:AOF
Atoss Software — Berenberg conference 2026
49 slides from Atoss Software's conference presentation, May 20, 2026
Slide 1: Excellence in Workforce Management
Excellence in Workforce Management ATOSS Software SE 1 © ATOSS Software SE 2026
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements based on the beliefs of ATOSS Software SE. Such statements reflect current views of ATOSS Software SE with respect to future events and results and are subject to risks and uncertainties. Actual results may vary materially from those p
Slide 3: ATOSS – Leading in the field of Workforce Management
ATOSS – Leading in the field of Workforce Management Strong position in growing WFM market fueling Ambition 2030 We are a leading Workforce Management provider with solutions for international Enterprise, SMB, and small-business customers, fueled by strong historic growth and performance metrics to
Slide 4: Market for Workforce Management, business model and product update
Truma Group | ATOSS Customer 01 Market for Workforce Management, business model and product update 4 © ATOSS Software SE 2026
Slide 5: Workforce Management landscape continues to grow and evolve
Workforce Management landscape continues to grow and evolve WFM market size development ($bn)1 Market size by geo (2025)1 CAGR by geo (2025-2030)1 10% 4% 15,4 5% 11% 12,8 14,1 10,6 11,7 31% 9,7 10% 21% 10% 2025 2026 2027 2028 2029 2030 9% New data indicates a larger TAM and higher CAGR: 39% 9% • AI
Slide 6: ATOSS' product portfolio supports customers' shifting needs
ATOSS’ product portfolio supports customers‘ shifting needs Full-range solutions span varying areas of need and complexity, resulting in strong ROI for customers ATOSS helps companies to have ... Current situation Goal Fluctuation in demand Demand and cost-optimized synchronization …the right employ
Slide 7: Workforce Management by ATOSS in a nutshell
Workforce Management by ATOSS in a nutshell Efficiency via highly flexible staff deployment Full-range provider # of employees >10k Time Absence Management Management Complexity of requirements ATOSS Staff >1k Efficiency Suite Time Qualification Evaluation Forecasting Management Engine >500 ATOSS Ti
Slide 8: AI at ATOSS
Universitätsmedizin Mainz | ATOSS Customer 02 AI at ATOSS 8 © ATOSS Software SE 2026
Slide 9: Why AI augments enterprise software instead of replacing it
Why AI augments enterprise software instead of replacing it A simple way to think about where value really comes from Top 5 common investor concerns Concern 1 Concern 2 Concern 3 Concern 4 Concern 5 Vibe coding replaces AI destroys competitive LLMs move up the stack Seats get cannibalized AI monetis
Slide 10: Why the moat of ATOSS is exceptionally strong
Why the moat of ATOSS is exceptionally strong WFM is one of the most complex and risk-critical enterprise processes One company, Rules change Hundreds of rules Labour law is part Highly complex end- many rulebooks constantly interact of daily operations to-end processes with full compliance Large en
Slide 11: Strong enterprise foundations unlock AI at scale
Strong enterprise foundations unlock AI at scale A deliberate, multi-year product strategy to move from system-of-record to system-of-intelligence Phase 1* - Bring flexibility and agility Phase 2* - Simplification Phase 3* - System-of-intelligence Cloud-first (2020 - 2023) Mobile-first (2021 - 2024)
Slide 12: ATOSS turns embedded enterprise complexity into AI advantage
ATOSS turns embedded enterprise complexity into AI advantage Our AI product strategy is deliberately built on four core pillars Conversational & automated execution AI recommendations & decision support Natural, frictionless user interaction Smarter, context-aware operational choices by embedding AI
Slide 13: Systematically expanding AI value across the ATOSS platform
Systematically expanding AI value across the ATOSS platform AI roadmap built on deep domain expertise and proprietary workforce data Q2 2025 Q3 2025 Q4 2025 Q2 2026 Demand driver forecasting Absence rate forecasting Workforce intelligence Agentic use Multivariate models project AI based absence rate
Slide 14: Financials & KPIs Q4-/12M-2025
Truma Group | ATOSS Customer 02 Financials & KPIs Q4-/ 12M-2025 14 © ATOSS Software SE 2026
Slide 15: ATOSS – 20th record year achieved
ATOSS – 20th record year achieved Running like clockwork Strong growth track record, excellent traction in Cloud transition and expansion outside the DACH region Total revenue in EURm Software revenue in EURm 189 Non Recurring Revenue Recurring Revenue 171 +11% +13% +15%1 151 +15% +38% 140.7 114 +19
Slide 16: Cloud & Subscriptions MRR & ARR Total development
Cloud & Subscriptions MRR & ARR Total development FY 2025 Cloud & Subscriptions revenue in EURm +28% 25.1 22.8 23.4 21.4 18.7 19.7 17.5 16.4 13.6 14.5 13.0 11.8 10.1 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2022 2023 2024 2025 Share of Cloud & Subscriptions in revenue in % Increasing share of Cloud &
Slide 17: Strong development of recurring revenues driven by Cloud & Subscriptions
Strong development of recurring revenues driven by Cloud & Subscriptions ARR Total (Cloud & Subscriptions + Maintenance) in EURm ARR Cloud & Subscriptions in EURm Maintenance Cloud & Subscriptions +18% +28% 139.6 101,3 118.4 38,3 79,3 39,2 101,3 79,3 Q4 24 Q4 25 Q4 24 Q4 25 ARR backlog Total (12 mon
Slide 18: ATOSS Cloud & Subscriptions development by products
ATOSS Cloud & Subscriptions development by products FY 2025 Cloud & Subscriptions ARR1 in EURm 13.1 101.3 Net Retention Rate 111% 8.9 88.2 +28% 79.3 ARR 12.2024 Existing Customers ARR Customer Base New & Migrated Customers ARR 12.2025 GRR2 NRR3 ASES 58.1 96.3% 8.5 114.7% 66.7 7.9 74.6 ATC 14.1 94.8%
Slide 19: Financials & KPIs Q1-2026
Truma Group | ATOSS Customer 02 Financials & KPIs Q1-2026 19 © ATOSS Software SE 2026
Slide 20: Cloud & Subscriptions MRR & ARR Total development
Cloud & Subscriptions MRR & ARR Total development Q1 2026 Cloud & Subscriptions revenue in EURm +27% 27.0 25.1 22.8 23.4 21.4 18.7 19.7 16.4 17.5 13.6 14.5 13.0 11.8 10.1 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2022 2023 2024 2025 2026 Share of Cloud & Subscriptions in revenue in % Increasing shar
Slide 21: Strong development of recurring revenues driven by Cloud & Subscriptions
Strong development of recurring revenues driven by Cloud & Subscriptions ARR Total (Cloud & Subscriptions + Maintenance) in EURm ARR Cloud & Subscriptions in EURm Cloud & Subscriptions Maintenance +17% +27% 148.1 109.8 126.4 38.4 86.7 39.7 109.8 86.7 Q1 25 Q1 26 Q1 25 Q1 26 ARR backlog Total (12 mon
Slide 22: ATOSS Cloud & Subscriptions development by products
ATOSS Cloud & Subscriptions development by products Q1 2026 Cloud & Subscriptions ARR1 in EURm 12.7 109.8 Net Retention Rate 112% 10.4 97.1 +27% 86.7 ARR 03.2025 Existing Customers ARR Customer Base New & Migrated Customers ARR 03.2026 GRR2 NRR3 ASES 63.7 95.4% 9.8 115.4% 73.5 7.3 80.9 ATC 15.4 94.2
Slide 23: Growth strategy
OBI | ATOSS Customer 04 Growth strategy 23 © ATOSS Software SE 2026
Slide 24: Core pillars of ATOSS' growth strategy
Core pillars of ATOSS’ growth strategy Growth leading the way for increased recurring revenue from Cloud business and an ever-growing global subscriber base Continued Advance full Continuous focus on Further product range strategy steady growth operational development Increase international with sol
Slide 25: ATOSS Cloud transformation (1/2)
ATOSS Cloud transformation (1/2) Growth leading the way for increased recurring revenue (model projection) Revenue in EURm and growth in % (YOY) Ambition ~400 ~14%¹ ~245 +11% +13% ~215 +33% 189 171 151 ~80% 114 ~75% ~72% 65% 70% 59% 58% 2022 2023 2024 2025 2026 guidance 2027 proj. 2030 ambition Non
Slide 26: ATOSS Cloud transformation (2/2)
ATOSS Cloud transformation (2/2) Growth leading the way for increased recurring revenue (model projection) Software revenue in EURm and growth in % (YOY) Ambition ~320 ~17%² ~191 +13% ~5% +15% ~162 ~16% +38% 141 ~6% 125 6% ~22% 108 11% 28% 78 18% 31% 16% 33% ~79% 40% ~72% 66% 58% 49% 44% 2022 2023 2
Slide 27: ATOSS - Growth projections
ATOSS - Growth projections Strong growth and margins while building recurring revenue Guidance 2026 Projections 2026 - 2027 Total revenue growth Increasing share of Total revenue (Base: Year end 2025) recurring revenue (Target: Year end 2027) ~215 EURm CAGR 14% ~75% Software revenue EBIT margin EBIT
Slide 28: Sustainability at ATOSS
Sustainability at ATOSS It‘s our vision to create a working world, in which everyone benefits. Christof Leiber CFO, ATOSS 28 © ATOSS Software SE 2026
Slide 29: Sustainability at ATOSS: pillars (1/2)
Sustainability at ATOSS Our sustainability pillars (1/2) Customer and society • Data protection and data security • Customer satisfaction • Social and cultural activities Employees at ATOSS • Recruitment and retention • Continuous training and learning • Health promotion and recreation • Diversity 2
Slide 30: Sustainability at ATOSS: pillars (2/2)
Sustainability at ATOSS Our sustainability pillars (2/2) Integrity and compliance • Prevention of discrimination, corruption, bribery, respect for human rights • Compliance Management System – acting in accordance with all laws, social guidelines and values Environmental protection • Energy & CO2 re
Slide 31: Sustainability at ATOSS: goals (1/2)
Sustainability at ATOSS Our goals (1/2) Customer and society Employees at ATOSS Customers Employee Experience Goals by 2026: Goals by 2026: • Recurring revenue: ~72% • Employee Engagement Index: >80% • Revenue CAGR (2026-2027): 14% • Leadership index: 3.7 • Grow customer number: 25,200+ • Employee N
Slide 32: Sustainability at ATOSS: goals (2/2)
Sustainability at ATOSS Our goals (2/2) Integrity and Compliance Environmental protection Integrity and Compliance CO2 footprint • Continuing to raise awareness of compliance and Goals by 2045: security issues (incl. compliance training) • Net Zero Strategy: reduction of Scope 1-3 • Further internal
Slide 33: Employees at ATOSS
Employees at ATOSS Working with Passion & Purpose “The team is the key to „We live diversity and promote equal sustainable success” opportunities and inclusion” • Intensive and structured onboarding • Member of “Charta der Vielfalt” • Detailed career model • Employees from around 47 countries • Work
Slide 34: People & Organization update
People & Organization update Q1 2026 Personnel development (headcount) 856 862 820 775 135 133 Key updates: 125 693 115 Transformation of go-to-market 630 organization is completed: 106 193 201 207 • S&M headcount per Q1 2026 557 91 192 within targeted range 79 158 144 110 192 203 203 Continued inve
Slide 35: Additional attachments
Additional attachments 35 © ATOSS Software SE 2026
Slide 36: AI already embedded in ATOSS' core workflows: demand driver forecasting
AI already embedded in ATOSS’ core workflows Demand driver forecasting Ensure seamless Improve employee Optimise personnel costs Boost competitiveness operations satisfaction Demand-driven personnel Forecast demand down to the Streamlined operations, cost Balanced personnel levels enable minute to m
Slide 37: AI already embedded in ATOSS' core workflows: workforce intelligence
AI already embedded in ATOSS’ core workflows Workforce intelligence Spot workforce risks Democratize workforce Move from trends to root- Align teams with real- before they disrupt insights causes time data Access prebuilt workforce Explore metrics, trends or drivers Automate reporting with Identify
Slide 38: Crewmeister continues successful development
Crewmeister Crewmeister continues successful development Highlights Key metrics Outlook 2026 • Positive impact by BAG decision • Avg. Customer Acquisition Costs1: 697 EUR • ~22k Customers • New product features developed • Avg. Customer Lifetime Value2: 2,243 EUR • ARR of ~11,5m EUR • High customer
Slide 39: The ATOSS Share
The ATOSS Share Share price performance (2016 – 2026) Share %-chg. performance Covid AI 30 in % shock disruption 20 900 189 10 820 0 800 171 -10 700 151 -20 -30 600 -40 114 Q1‘25 Q2‘25 Q3‘25 Q4‘25 Q1‘26 500 97 ATOSS Software SE 435 400 86 Prime Software Index 71 300 63 55 50 200 While ATOSS historic
Slide 40: The ATOSS share: dividend policy
The ATOSS share Dividend policy ATOSS stays true to its dividend policy with continuity to the previous year EPS1 per 31. December in EUR Dividend1 in EUR 3,04 Special Dividend 2.282 2,86 2,13 Dividend 2,25 1,69 1.42 0.50 1.00 1,22 1,22 0.91 0,91 1,12 0,84 0.70 0,85 0.65 0,64 0,70 0,58 0,59 0.73 0.4
Slide 41: Income statement
Income statement Q1 2026 38,286 EURk Recurring: 36,652 EURk Operating profit Net profit Non-recurring: 1,634 EURk Gross profit 18,159 EURk 12,796 EURk 39,894 EURk Revenue 51,442 EURk Financial Earnings 0,754 EURk Software Tax (6,118 EURk) S&M 11,115 EURk (9,542 EURk) Consulting R&D Operating expense
Slide 42: Cost ratios
Cost ratios Actual vs. Plan 2026 Total revenue: EUR 51.4m Actual cost ratios 2026 in % 15.0% 8.6% 22.4% 18.5% -0.8 pp1 -0.7 pp1 -1.8 pp1 -0.2 pp1 Cost of sales R&D S&M G&A as % of total revenue as % of total revenue as % of total revenue as % of total revenue Planned cost ratiosFY 20262 in % 15.7% 8
Slide 43: Financial development – impressive cash position
Financial development – impressive cash position Q1 2026 Cash flow in EURk Liquidity in EURk Operating activities Financial activities Cash & cash equivalents Gold Investment activities Exchange rates Investment funds Fix. Long-term deposits 38,526 162,068 29,010 123,232 Change in cash & 129,753 cas
Slide 44: Income statement (IFRS)
Income statement (IFRS) Q1 2026 vs. Q1 2025 EURk1 Q1 2026 % of total revenue Q1 2025 % of total revenue QoQ % Total revenues 51,442 100% 46,251 100% 11% Software 38,286 74% 34,029 74% 13% Licenses 1,634 3% 2,714 6% -40% Maintenance 9,621 19% 9,959 22% -3% Cloud & Subscriptions 27,031 53% 21,356 46%
Slide 45: Cash Flow Statement (IFRS)
Cash Flow Statement (IFRS) Operating activities EURk1 Q1 2026 Q1 2025 Earnings before taxes 18,914 16,689 Depreciation 1,200 1,140 Financial income -883 -1,297 Financial expenses 129 189 Non-cash personnel expenses 553 - Change in net current assets Trade receivables -7,324 -10,435 Other current non
Slide 46: Cash Flow Statement (IFRS)
Cash Flow Statement (IFRS) Investment and financing activities EURk1 Q1 2026 Q1 2025 Cash flow from investment activities Expenditure for the purchase of tangible and intangible assets -237 -231 Proceeds from the disposal of financial assets - 10,000 Cash flow generated from investment activities (2
Slide 47: Balance Sheet (IFRS)
Balance Sheet (IFRS) Assets EURk1 March 31, 2026 December 31, 2025 Non-current assets Intangible assets 100 114 Property, plant and equipment 3,830 3,898 Rights of use 5,978 6,377 Capitalized contract costs 10,998 11,449 Other non-current financial assets and precious metals 2,358 2,231 Total non-cu
Slide 48: Balance Sheet (IFRS)
Balance Sheet (IFRS) Equity and Liabilities EURk1 March 31, 2026 December 31, 2025 Equity Subscribed capital 15,906 15,906 Capital reserve 2,601 2,048 Equity deriving from unrealized profits/losses 1,286 1,286 Unappropriated net income 90,708 77,912 Equity attributable to the equity holders of the p
Slide 49: ATOSS sales by segment
ATOSS sales by segment1 ATOSS’ five largest customers account for approx. 7 percent of company‘s sales Logistics other 10% Retail 3% 22% Healthcare & Social Services 18% 15% 32% Services Production 1. FY 2025/revenue 49 © ATOSS Software SE 2026