January 1 - March 31, 2023

20232022Δ
Net sales of SEK128 m (120 m) 6%
Recurring revenues of SEK88m (77 m) 15%
which corresponds to % of net sales69 % (64 %)
EBITDA SEK23 m (17 m) 37%
EBITDA margin18 % (14 %)
EBIT7 m (4 m) 100%
EBIT margin6 % (3 %)
Net profit SEK5 m (1 m) 331%
Net profit margin4 % (1 %)
EPS before dilution SEK0,09 (0.02) 328%
Cash flow from operating activities SEK15 m (13 m) 15%
ACV SEK11 m (9 m) 22%
ARR SEK383 m (315 m) 22%

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.

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 08.45, 26 April 2023.

Read the report and more via this link: Interim Report Q1 2023

For additional information, contact:

Christian Sundin
President and CEO of Formpipe
+46 705 67 73 85
christian.sundin@formpipe.com

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--january---march-2023,c3758110

https://mb.cision.com/Main/6271/3758110/2011646.pdf

(c) 2023 Cision. All rights reserved., source Press Releases - English