Relesys A/S | Quarterly Announcement Q3 2022
Company Announcement No. 9-2022
Third-quarter period:
Relesys achieved an Annual Recurring Revenue (ARR) of DKKm 40.2. Relesys is narrowing the range for its ARR and Revenue guidance from previously DKKm 40 - 42 to now DKKm 41 - 42 and from previously DKKm 41 - 45 to now DKKm 42 - 45, respectively.
Summary:
Nine months into the year, Relesys continues to deliver on its promises by increasing sales in existing markets and by realizing the first sales from the newly established
- ARR increased from DKKm 29.6 in Q3 2021 to DKKm 40.2 in Q3 2022, corresponding to 36% year-on-year growth.
- NRR was 115% year-on-year.
- ARR net uplift was 20% year-on-year.
- ARR churn rate was 5% year-on-year.
- ARR from new customers increased by DKKm 1.5 during the period.
- Revenue grew from DKKm 9.4 in Q3 2021 to DKKm 10.9 in Q3 2022, corresponding to 16% year-on-year growth.
Financial Outlook 2022:
Relesys is narrowing the range for its ARR guidance from previously DKKm 40 - 42 to now DKKm 41 - 42.
Furthermore, Relesys is narrowing the range for it Revenue guidance from previously DKKm 41 - 45 to now DKKm 42 - 45.
Both ARR and Revenue guidance remains in line with the outlook presented in the IPO prospectus.
CONTACT INFORMATION
Relesys A/S
Jesper Roesgaard, CEO
Mobile (+45) 28 45 97 97
Email: jero@relesys.net
Mobile (+45) 26 71 01 02
Email: mala@relesys.net
Certified Adviser
Mobile (+45) 22 83 82 34
ABOUT RELESYS
Relesys is a Software as a Service (SaaS) company founded with the sole purpose to create a more engaged and united workforce. The communication and performance platform enables companies to strengthen their internal communication and performance, by providing employees access to an intuitive user-friendly app, with all the information they need to succeed in their jobs, thus improving the overall performance.
Relesys has a strong product-market-fit within the retail industry, but the platform has proven valuable for other industries where a large proportion of the workforce is not working from a desk in front of a computer and who are isolated from the rest of the organization. Relesys provides a scalable software solution and has already a proven track record internationally.
On the 30.
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