Fabasoft was founded in 1988 and is a group from Austria that develops and sells software for digital business processes, EnterpriseSearch, knowledge management, cross-enterprise collaboration and business processes in the cloud.
The product and service portfolios cover the entire lifecycle of documents and processes and combine intelligent software solutions for easy cross-company digitization as well as automation of business processes.
Customers are commercial enterprises and public authorities with high security requirements. Especially with public authorities, Fabasoft depends on winning contracts in tenders. In 2015, Fabasoft had lost a tender in Switzerland, which is why existing solutions of the company are being replaced. As a result, sales in the country halved. Other major customers include Siemens, SchwarzMüller, Österreichische Post AG, Spar, WKO.
The big hope for international expansion is the subsidiary Mindbreeze Inspire. The tool allows a company's employees to search structured and unstructured data from various data sources in a similar way to the Google search engine in the private sector.
What do you think of the company?
Current share price: €35
Dividend: 2.10
Performance 1 year: -24.95
Performance 3 years: +188,24 %
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No investment recommendation
Source: Fabasoft, Finanzennet
