Idstein Serviceware SE (“Serviceware”, ISIN DE000A2G8X31) now expects full-year revenue growth of 10% to 15% following a strong performance in fiscal year 2024/2025 ended November 30 and based on the current status of the audit of its annual financial statements. This narrows the company’s guidance to the upper end of the previously communicated range of 5% to 15%.
In addition, Serviceware is raising its earnings outlook for both EBITDA and EBIT from a previously forecast “slight improvement” to a “significant improvement.” This upward revision is made despite the fact that, starting in fiscal 2024/2025, Serviceware - unlike in previous years - no longer capitalizes internally generated intangible assets and is also amortizing, as scheduled and with an impact on earnings, the internally generated intangible assets capitalized in the two preceding fiscal years. The associated adverse impact on earnings in fiscal 2024/2025 amounts to a low single-digit million euro figure.
Harald Popp, CFO and Co-Founder of Serviceware SE: “The fact that we are raising our earnings expectations for the past fiscal year despite a change in the accounting of internally generated intangible assets underscores the strong operational development of our company. This is further supported by the revenue growth we now expect at the upper end of our guidance range.”
Serviceware will publish its full-year financial statements for fiscal 2024/2025 on March 27, 2026.