SOFTWARE AG reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported total revenue of EUR 276.7 million against EUR 294.0 million a year ago. EBIT was EUR 75.4 million against EUR 78.0 million a year ago. Net income was EUR 50.7 million or EUR 0.58 per basic share against EUR 51.9 million or EUR 0.60 per basic share a year ago. Free cash flow was EUR 45.2 million or EUR 0.52 per share against EUR 79.5 million or EUR 0.92 per share a year ago. EBITA was EUR 85.1 million against EUR 86.3 million a year ago. EBITDA was EUR 88.5 million against EUR 89.2 million a year ago. Operating cash flow was EUR 50.9 million against EUR 83.2 million a year ago. Profit before taxes was EUR 71.9 million against EUR 74.9 million a year ago.

For the year, the company reported total revenue of EUR 1,047.3 million against EUR 1,098.3 million a year ago. EBIT was EUR 248.3 million against EUR 269.2 million a year ago. Net income was EUR 164.7 million or EUR 1.90 per basic share against EUR 177.2 million or EUR 2.05 per basic share a year ago. Free cash flow was EUR 170.7 million or EUR 1.97 per share against EUR 187.7 million or EUR 2.18 per share a year ago. EBITA was EUR 286.4 million against EUR 302.1 million a year ago. EBITDA was EUR 299.3 million against EUR 315.5 million a year ago. Operating cash flow was EUR 184.4 million against EUR 198.6 million a year ago. Profit before taxes was EUR 239.5 million against EUR 259.3 million a year ago.

For fiscal year 2013, the company anticipates BPE product revenue growth between 16% and 22% (at constant currency) and a revenue decline in the traditional ETS database business between 4% and 9% (at constant currency). The company anticipates to achieve product revenue in ETS business between minus 9 and minus 4 at a constant currency rate, and reach an EPS number of EUR 1.70 to EUR 1.80 per share.