DGAP-News: RIB Software SE / Key word(s): Quarterly / Interim Statement 
RIB Group announces its figures for the first quarter 2021 
2021-04-30 / 08:00 
The issuer is solely responsible for the content of this announcement. 
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April 30, 2021 
RIB Group announces its figures for the first quarter 2021: 
Strong increase in software license revenues by 23.0% to EUR 10.7 million // EBITDA grows by 46.8% to EUR 22.6 million 
- Software license revenues increase by 23.0% to EUR 10.7 million (previous year: EUR 8.7 million) 
- EBITDA grows by 46.8% to EUR 22.6 million (previous year: EUR 15.4 million) 
- Cash flow from operating activities increases by 30.6% to EUR 32.0 million (previous year: EUR 24.5 million) 
- Domestic revenues grow by 24.1% to EUR 24.7 million (previous year: EUR 19.9 million) 
- Group revenue increases by 9.4% to EUR 68.8 million (previous year: EUR 62.9 million) 
- Recurring support revenues grow by 11.9% to EUR 15.1 million (previous year: EUR 13.5 million) 
Stuttgart, Germany, April 30, 2021. RIB Software SE, the world's leading provider of iTWO 4.0 cloud enterprise platform 
technology, today announces its key financial figures for the first quarter 2021. 
RIB Group shows solid growth in the first quarter 2021 
Total revenues increased by 9.4% to EUR 68.8 million (previous year: EUR 62.9 million). Software revenues (ARR + NRR) 
increased by 3.1% to EUR 50.6 million (previous year: EUR 49.1 million). Service revenues grew by 32.8% to EUR 18.2 million 
(previous year: EUR 13.7 million). Organic revenue growth in the Group was 2.3%. EBITDA increased by 46.8% year-on-year 
to EUR 22.6 million (previous year: EUR 15.4 million). At 32.8%, the EBITDA margin was with 8.3 percentage points 
significantly above the previous year. Earnings after taxes rose substantially by 112.1% to EUR 7.0 million (previous 
year: EUR 3.3 million). 
Net cash flow from operating activities increased by 30.6% to EUR 32.0 million (previous year: EUR 24.5 million) 
At the end of the first quarter, group liquidity amounted to EUR 253.2 million (December 31, 2020: EUR 224.0 million). The 
average number of employees changed by 35.0% to 2,467 (previous year: 1,827). 
Development of the segments 
Total revenues in the iMTWO segment increased by 9.2% to EUR 68.7 million (previous year: EUR 62.9 million). Software 
revenues (ARR + NRR) increased by 2.9% to EUR 50.5 million (previous year: EUR 49.1 million). The EBITDA margin improved 
strongly and reached 33.0% (previous year: 24.6%). 
In the YTWO segment, total revenue was EUR 0.0 million (previous year: EUR 0.0 million). The segment EBITDA amounted to EUR 
-0.1 million and continues to be strongly characterised by start-up costs in the YTWO segment. In previous years, we 
divided the reporting segment xYTWO into the two business segments YTWO (SCM) and xTWO (E-Commerce). Since the xTWO 
business segment is not part of our core business, we separated from this area in August 2020 and sold the business 
segment as a whole. Thus, there will be no further subdivision of the YTWO reporting segment into business segments in 
the future. 
Further business development 
Due to the uncertainties caused by Covid-19, we have currently strongly reduced our M&A activities, which in turn will 
have an impact on the planned revenue and EBITDA contribution from these deals. In the context of further cost 
reductions and preservation of liquidity, we have strongly reduced investments in new business areas, such as YTWO, and 
are focusing on the successful expansion of the iMTWO segment. 
After the first quarter of 2021, we are sticking to our guidance and forecast a revenue in the range of EUR 280 million 
to EUR 310 million and an operating EBITDA of between EUR 65 million and EUR 75 million for the 2021 financial year. 
CONSOLIDATED FIGURES - OVERVIEW 
                      EUR million unless otherwise indicated Q1 2021 Q1 2020* Change 
Revenue                                                       68.8     62.9  9.4 % 
ARR                                                           39.9     40.4 -1.2 % 
NRR                                                           10.7      8.7 23.0 % 
Services                                                      18.2     13.7 32.8 % 
EBITDA                                                        22.6     15.4 46.8 % 
as % of revenue                                             32.8 %   24.5 % 
Operating EBITDA**                                            20.9     15.6 34.0 % 
as % of revenue                                             30.4 %   24.8 % 
EBIT adjusted for PPA-amortization                            17.1     10.5 62.9 % 
as % of revenue                                             24.9 %   16.7 % 
Equity ratio***                                             69.6 %   71.7 % 
Cash flow from operating activities                           32.0     24.5 30.6 % 
Expenses from purchase price allocation (PPA amortization)     5.3      4.0 32.5 % 
Average number of employees                                  2,467    1,827 35.0 % 
Group liquidity****                                          253.2    224.0 13.0 %

* The previous year's figures were adjusted for the amounts of the discontinued business unit xTWO (E-Commerce).

** EBITDA adjusted by currency effects and one-off / special effects.

*** Previous year as of December 31, 2020.

**** Cash and cash equivalents, time deposits and available-for-sale securities. Previous year as of December 31, 2020. About RIB Group

RIB Software SE is an innovator in the building and construction industry. The company develops and offers cutting-edge digital technologies for construction enterprises and projects across various industries worldwide. iTWO 4.0, RIB's flagship cloud-based platform, provides the world's first enterprise cloud technology based on 5D BIM with AI integration for construction companies, industrial companies, developers and project owners, etc. With over 50 years of experiences in the construction industry, RIB Software SE focuses on IT and engineering and becomes the pioneer in construction innovation, exploring and bringing in new thinking, new working methods and new technologies to enhance construction productivity. RIB is headquartered in Stuttgart, Germany and Hong Kong, China, and listed on the prime standard Frankfurt Stock Exchange since 2011. With over 2,700 talents in more than 25 countries worldwide, RIB is targeting to transform the construction industry into the most advanced and digitalized industry in the 21^st century. -----------------------------------------------------------------------------------------------------------------------

2021-04-30 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. Archive at www.dgap.de ----------------------------------------------------------------------------------------------------------------------- 


Language:     English 
Company:      RIB Software SE 
              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 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1190746 
 
End of News   DGAP News Service 
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1190746 2021-04-30


 
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April 30, 2021 02:01 ET (06:01 GMT)