RIB Software SE

RIB Software AG is a Germany-based provider of technical Enterprise Resource Planning (ERP) software solutions. Its core activities comprise the development and sale of software, as well as the provision of consulting and training services for implementation projects. It offers software solutions for costing and scheduling, an e-commerce platform for the building and construction industry, cost estimating, tendering and project control. It divides its activities into the segments Software License and Maintenance, Software as a Service/Cloud, Professional Services and Research and Development. The Company organizes the distribution of its products in German-speaking markets via its subsidiaries, RIB Engineering GmbH, RIB Deutschland GmbH and SAA Software Engineering GmbH; in Spanish-speaking markets via its wholly owned subsidiary, Soft SA; and international sales under the umbrella of RIB Limited, Hong Kong via subsidiaries in Asia, the Middle East and the United States.

Executive
Full List of Officers

Date of incorporation
Country of incorporation DEU
Phone +49 711 78730
Fax +49 711 787388204
Investor relations contact

+49 6227 837500

Free float 40185693
Security description Common Stock
Main venue XETRA
Ticker at main venue RIB
Location

Vaihinger Strasse 151
70567 STUTTGART

Share price
/
 
Earnings per share
=
62.36
(
 
Share price
x
 
Shares
+
 
Net debt
) /
 
EBIT
=
INF
Price
x
 
Shares
/
 
Net Sales
=
9.33
(
 
Share price
x
 
Shares
+
 
Net debt
) /
 
Net sales
=
9.39
Price
x
 
Shares
/
 
Own capital
=
3.13
Earnings per share
x
 
Shares
/
 
Own capital
=
0.05%
Dividend per share
/
 
Price
=
-0.01%
2017 2016 2015 2014 2013
Income statement
Revenue 108.29 97.88 82.08 70.03 57.01
Other Revenue, Total
Total Revenue 108.29 97.88 82.08 70.03 57.01
Revenue Change 10.6% 19.3% 17.2% 22.8% 45.4%
Cost of Revenue, Total 42.98 42.92 37.51 24.17 21.66
Gross Profit 65.31 54.96 44.57 45.86 35.35
Selling/General/Admin. Expenses, Total 30.81 26.40 23.61 19.25 16.31
EBITDA 19.63
EBITDA margin (%) 34.4%
Research & Development 13.68 11.76 7.92 6.95 4.99
Depreciation/Amortization 1.61 1.64 1.46 1.03 1.44
Interest Exp.(Inc.),Net-Operating, Total
Unusual Expense (Income) 0.00
Other Operating Expenses, Total -10.53 -8.26 -1.06 -6.65 -0.59
Total Operating Expense 78.67 74.89 65.60 41.10 43.58
Operating Income 29.62 23.00 16.48 28.93 13.43
EBIT margin (%) 31.9%
Interest Inc.(Exp.),Net-Non-Op., Total
Gain (Loss) on Sale of Assets
Other, Net -0.21 -0.30 -0.19 -0.22 -0.41
Net Income Before Taxes 29.57 22.93 16.49 28.85 13.02
Provision for Income Taxes 11.13 8.51 5.95 8.04 3.95
Net Income After Taxes 18.45 14.43 10.54 20.80 9.08
Minority Interest 0.00 0.13 0.04 0.00 -0.03
Equity In Affiliates
U.S. GAAP Adjustment
Net Income Before Extra. Items 18.45 14.56 10.58 20.80 9.05
Total Extraordinary Items
Net Income 18.45 14.56 10.58 20.80 9.05
Total Adjustments to Net Income
Income Available to Com Excl ExtraOrd 18.45 14.56 10.58 20.80 9.05
Income Available to Com Incl ExtraOrd 18.45 14.56 10.58 20.80 9.05
Dilution Adjustment 0.00 0.00 0.00 0.00
Diluted Net Income 18.45 14.56 10.58 20.80 9.05
Diluted Weighted Average Shares 45.74 45.73 43.70 39.92 37.87
Diluted EPS Excluding ExtraOrd Items 0.40 0.32 0.24 0.52 0.24
DPS - Common Stock Primary Issue 0.18 0.16 0.16 0.16 0.06
Diluted Normalized EPS 0.40 0.32 0.24 0.52 0.24
Balance sheet
Cash
Cash & Equivalents 97.36 132.57 171.78 135.13 76.04
Short Term Investments 35.15 0.10 2.69 0.27 3.76
Cash and Short Term Investments 132.51 132.66 174.46 135.40 79.80
Accounts Receivable - Trade, Net 24.07 18.42 16.20 13.83 10.23
Total Receivables, Net 27.63 23.25 18.06 15.12 11.22
Total Inventory 2.30 1.43 0.98 0.11
Prepaid Expenses 1.83 1.96 1.80 1.70 1.37
Other Current Assets, Total 3.10 2.76 2.95 2.49 2.34
Total Current Assets 167.36 162.06 198.25 154.82 94.73
Property/Plant/Equipment, Total - Gross 22.27 20.28 10.41 9.26 8.02
Accumulated Depreciation, Total -5.00 -4.10 -3.21 -2.42 -1.91
Property/Plant/Equipment, Total - Net 17.27 16.19 7.20 6.84 6.11
Goodwill, Net 84.99 67.17 66.88 52.95 38.18
Intangibles, Net 54.71 50.01 51.26 44.58 32.44
Long Term Investments 38.68 57.45 6.18 5.80 5.08
Note Receivable - Long Term 0.00
Other Long Term Assets, Total 2.95 2.55 1.56 1.21 1.36
Total Assets 365.96 355.42 331.32 266.19 177.89
Accounts Payable 2.27 2.46 2.21 1.53 1.24
Payable/Accrued
Accrued Expenses 6.20 5.31 5.09 3.80 3.03
Notes Payable/Short Term Debt 0.00 0.00 0.00 0.00 0.00
Current Port. of LT Debt/Capital Leases 0.40 0.00 0.00
Other Current liabilities, Total 38.63 37.75 18.71 16.95 8.88
Total Current Liabilities 47.51 45.51 26.01 22.28 13.15
Long Term Debt 5.20 1.88 2.50 2.29 10.81
Capital Lease Obligations 0.00
Total Long Term Debt 5.20 1.88 2.50 2.29 10.81
Total Debt 5.60 1.88 2.50 2.29 10.81
Deferred Income Tax 12.93 12.12 13.02 11.60 8.08
Minority Interest 0.00 -0.12 -0.17 0.00 0.07
Other Liabilities, Total 5.80 4.13 3.85 3.58 3.18
Total Liabilities 71.43 63.51 45.21 39.75 35.28
Redeemable Preferred Stock, Total
Preferred Stock - Non Redeemable, Net
Common Stock, Total 46.85 46.85 46.85 43.47 38.72
Additional Paid-In Capital 187.17 182.28 181.40 135.16 80.77
Retained Earnings (Accumulated Deficit) 72.98 62.02 54.75 51.02 32.45
Treasury Stock - Common -9.02 -10.60 -4.83 -5.54 -6.24
ESOP Debt Guarantee
Unrealized Gain (Loss) -0.36 -0.57 -0.39 -0.42 -0.13
Other Equity, Total -3.09 11.93 8.33 2.76 -2.95
Total Equity 294.53 291.91 286.11 226.45 142.61
Total Liabilities & Shareholders Equity 365.96 355.42 331.32 266.19 177.89
Total Common Shares Outstanding 45.34 45.08 44.55 42.21 37.04
Total Preferred Shares Outstanding
Tangible Book Value per Share, Common Eq 3.41 3.88 3.77 3.05 1.94
Cashflow
Net Income/Starting Line 29.57 22.93 16.49 28.85 13.02
Depreciation/Depletion 1.15 1.01 0.77 0.60 0.42
Amortization 9.39 8.55 7.59 5.56 4.87
Deferred Taxes
Non-Cash Items 12.79 8.84 0.68 -7.46 0.18
Changes in Working Capital -30.09 10.20 -6.14 -6.81 0.01
Cash from Operating Activities 22.81 51.52 19.39 20.74 18.51
Capital Expenditure -10.32 -16.46 -10.06 -8.19 -8.43
Other Investing Cash Flow Items, Total -19.01 -66.34 -12.54 -2.52 33.15
Cash from Investing Activities -29.33 -82.80 -22.60 -10.71 24.72
Financing Cash Flow Items 0.40 -0.20 -1.63 -1.81
Total Cash Dividends Paid -7.20 -7.29 -6.75 -2.24 -5.34
Issuance (Retirement) of Stock, Net 0.00 -5.77 48.15 48.39 -7.52
Issuance (Retirement) of Debt, Net 5.45 -2.67 -2.58 -0.99 -0.05
Cash from Financing Activities -1.35 -15.93 37.19 43.36 -12.90
Foreign Exchange Effects -8.07 0.05 2.74 5.85 -1.22
Net Change in Cash -15.94 -47.15 36.71 59.24 29.11
Cash Interest Paid 0.19 0.01 0.01 0.11 0.04
Cash Taxes Paid 12.37 13.47 4.03 5.24 3.49
Values are in EUR and expressed in million