Interim Report, April 1 – June 30, 2022

15 Jul 2022 08:45 CEST |Regulatory

Period April 1 – June 30, 2022

2022 2021 2021*
Net sales of SEK 120 m (143 m) (102 m)
Recurring revenues of SEK 78 m (68 m) (68 m)
which corresponds to % of net sales 66 % (48 %) (67 %)
EBITDA SEK 15 m (58 m) (18 m)
EBITDA margin 12 % (40 %) (17 %)
EBIT 0 m (30 m) (4 m)
EBIT margin 0 % (21 %) (4%)
Net profit SEK -1 m (23 m) (3 m)
Net profit margin -1 % (16 %) (3 %)
EPS before dilution SEK -0.02 (0.43) (0,04)
Cash flow from operating activities SEK -5 m (11 m)
ACV SEK 10 m (10 m)
ARR SEK 333 m (280 m)

Period January 1 – June 30, 2022

2022 2021 2021*
Net sales of SEK 240 m (245 m) (204 m)
Recurring revenues of SEK 155 m (135 m) (135 m)
which corresponds to % of net sales 65 % (55 %) (66 %)
EBITDA SEK 32 m (77 m) (37 m)
EBITDA margin 13 % (32 %) (18 %)
EBIT 4 m (35 m) (10 m)
EBIT margin 2 % (15 %) (5 %)
Net profit SEK 0 m (27 m) (7 m)
Net profit margin 0 % (11 %) (3 %)
EPS before dilution SEK 0.01 (0.51) (0,12)
Cash flow from operating activities SEK 8 m (17 m)
ACV SEK 19 m (16 m)
ARR SEK 333 m (280 m)

*Comparative numbers excluding the one-off agreement with Danish Landbrugsstyrelsen in June, 2021.

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, 15 July 2022

Read the report and more via this link: Interim Report Q2 2022

For additional information, contact:

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

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