July 1 - September 30, 2023

20232022Δ
Net sales of SEK124 m (117 m) 5%
Recurring revenues of SEK99m (81 m) 23%
which corresponds to % of net sales80 % (69 %)
EBITDA SEK29 m (21 m) 42%
EBITDA margin24 % (18 %)
EBIT12 m (6 m) 90%
EBIT margin9 % (5 %)
Net profit SEK9 m (3 m) 159%
Net profit margin7 % (3 %)
EPS before dilution SEK0,16 (0.06) 163%
Cash flow from operating activities SEK20 m (9 m) 109%
ACV SEK8 m (6 m) 34%
ARR SEK408 m (345 m) 18%

January 1 - September 30, 2023

20232022Δ
Net sales of SEK389 m (357 m) 9%
Recurring revenues of SEK282 m (236 m) 20%
which corresponds to % of net sales72 % (66 %)
EBITDA SEK82 m (52 m) 56%
EBITDA margin21 % (15 %)
EBIT32 m (10 m) 216%
EBIT margin8 % (3 %)
Net profit SEK18 m (4 m) 401%
Net profit margin5 % (1 %)
EPS before dilution SEK0,34 (0.07) 399%
Cash flow from operating activities SEK36 m (17 m) 111%
ACV SEK30 m (25 m) 19%
ARR SEK408 m (345 m) 18%

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, October 25, 2023. 

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, October 25, 2023.

Read the report and more via this link: https://www.formpipe.com/en/q32023

For additional information, contact:

Magnus Svenningson
CEO of Formpipe
magnus.svenningson@formpipe.com

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. Every 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--july-1---september-30--2023,c3860584

https://mb.cision.com/Main/6271/3860584/2382935.pdf

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