PRESS RELEASE
Revenue growth 2021/2022: +5%
New SaaS contracts 2021/2022: +17%
2021/2022 revenues: €84.5 million (+5%)
Quarter ended | Change | 12 months ended | Change | |||
Unaudited (K€) | 2022 | 2021 | 2022 | 2021 | ||
SaaS | 9 356 | 8 180 | 14% | 34 548 | 32 252 | 7% |
Maintenance | 4 483 | 4 562 | -2% | 18 477 | 18 051 | 2% |
Licenses | 1 686 | 1 412 | 19% | 4 939 | 4 246 | 16% |
Software revenues | 15 525 | 14 154 | 10% | 57 964 | 54 549 | 6% |
Consulting Services | 6 959 | 7 265 | -4% | 26 539 | 25 707 | 3% |
Revenues | 22 484 | 21 419 | 5% | 84 503 | 80 256 | 5% |
Revenues for the year are in line with the forecasts communicated at the end of Q3: they amount to €84.5 million, up by 5.3% compared to the previous year. Quarterly revenues for Q4 amounted to €22.5 million, a new quarterly record for the Group.
The SaaS business grew significantly in the last quarter (+14%). As a result, the Software revenues grew by 10% in Q4, and by 6% year-on-year.
As announced in previous press releases, the slowdown in the Services activity in
In
New SaaS contracts: €5.5 M (+17%)
Quarter ended | Change | 12 months ended | Change | |||
Unaudited (K€) | 2022 | 2021 | 2022 | 2021 | ||
New SaaS contract signing (ACV*) | 1 821 | 2 217 | -18% | 5 539 | 4 746 | 17% |
* New signatures expressed in ACV (Annual Contract Value) highlighting the average annual additional revenue that will be generated after deployment of the contracts concerned.
The annual growth in new SaaS contracts was 17%, confirming the Group's commercial momentum.
The change in SaaS signatures includes a negative base effect in the second half of the year: in the previous year, the health crisis led to a slowdown in new SaaS signatures in the first half, followed by an acceleration in the second half.
Among these new signatures:
- In
France , within the framework of a multi-year strategic partnership,Generix Group's Invoice Services solution has been chosen by Pitney Bowes to be customized and marketed to its French customers, notably within the framework of their digital transformation and more specifically for their regulatory compliance; - In
Spain , Logikfred, a 3PL operator specializing in negative cold, one of the most demanding segments of the logistics world, has chosen Generix Group’s Warehouse Management System (WMS), complemented by the Yard Management System (YMS), for a warehouse dedicated to frozen food.
Profitability for the year 2021/2022
The expected profitability rate should be almost stable compared to the previous year due to the sustained effort on Research and Development and Sales and Marketing expenses.
Supplemental and non-IFRS Financial Information
Supplemental non-IFRS information (above-mentioned as EBITDA) presented in this press release is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered as a substitute for IFRS measurements. Also, the Company’s supplemental non-IFRS financial information may not be comparable to similarly titled non-IFRS measures used by other companies.
Next financial press release:
Publication of the 2021/2022 yearly results
About
Its collaborative platform, Generix Supply
Generix Supply
Founded in
Attachment
- EXT-EN-FINA-CP-CA-Q4-2021-2022_final
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