Interim Report, April - June 2023

Period April 1 - June 30, 2023

	2023	2022	Δ
Net sales of SEK	137 m	(120 m)	15%
Recurring revenues of SEK	94m	(78 m)	21%
which corresponds to % of net sales	69 %	(66 %)
EBITDA SEK	29 m	(15 m)	98%
EBITDA margin	21 %	(12 %)
EBIT	13 m	(0 m)	n/a
EBIT margin	9 %	(0 %)
Net profit SEK	5 m	(-1 m)	n/a
Net profit margin	3 %	(-1 %)
EPS before dilution SEK	0,09	(-0.01)	n/a
Cash flow from operating activities SEK	1 m	(-5 m)	n/a
ACV SEK	11 m	(10 m)	8%
ARR SEK	406 m	(333 m)	22%

Period January 1 - June 30, 2023

	2023	2022	Δ
Net sales of SEK	265 m	(240 m)	11%
Recurring revenues of SEK	183 m	(155 m)	18%
which corresponds to % of net sales	69 %	(65 %)
EBITDA SEK	52 m	(32 m)	65%
EBITDA margin	20 %	(13 %)
EBIT	20 m	(4 m)	411%
EBIT margin	8 %	(2 %)
Net profit SEK	11 m	(0 m)	n/a
Net profit margin	4 %	(0 %)
EPS before dilution SEK	0,17	(0.01)	n/a
Cash flow from operating activities SEK	16 m	(8 m)	114%
ACV SEK	22 m	(19 m)	14%
ARR SEK	406 m	(333 m)	22%

This information is insider information that Formpipe Software AB (publ) is obliged make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, at 08.15, 14 July 2023.

Read the report and more via this link: Interim Report Q2 2023

For additional information, contact:

Christian Sundin
President and CEO of Formpipe
[phone]
[e-mail]

This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.

Formpipe builds valuable relationships between data and people. Driven by our core values, since 2004 we have developed premium software that provides you with the right information, in the right context, at the right time. We help over 5,500 clients worldwide to digitize and automate business processes. Together with our customers and partners, we co-create a digital society where people thrive. We have offices in Sweden, Denmark, United Kingdom, USA and Germany. Formpipe Software is a publicly listed company on Nasdaq Stockholm.

https://news.cision.com/formpipe-software/r/interim-report--april---june-2023,c3804961

https://mb.cision.com/Main/6271/3804961/2189139.pdf

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