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January 1 – March 31, 2024

2024  2023  Δ 
Net sales of SEK  125 m  (128 m)  -2% 
Recurring revenues of SEK  102m  (88 m)  15% 
which corresponds to % of net sales  81 %  (69 %) 
EBITDA SEK  21 m  (23 m)  -9% 
EBITDA margin  17 %  (18 %) 
EBIT  4 m  (7 m)  -37% 
EBIT margin  4 %  (6 %) 
Net profit SEK  2 m  (5 m)  -64% 
Net profit margin  2 %  (4 %) 
EPS before dilution SEK  0,03  (0.09)  -64% 
Cash flow from operating activities SEK  30 m  (17 m)  75% 
ACV SEK  6 m  (11 m)  -40% 
ARR SEK  426 m  (383 m)  11% 

 

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 08.15, 25 April 2024.

Read the report and more via this link: https://www.formpipe.com/en/q12024

For additional information, contact:

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

Quarterly key figures

January 1 – March 31, 2024
2024  2023 Δ
Net sales of SEK 125 m  (128 m) -2%
Recurring revenues of SEK 102m  (88 m) 15%
which corresponds to % of net sales 81 %  (69 %)
EBITDA SEK 21 m  (23 m) -9%
EBITDA margin 17 %  (18 %)
EBIT 4 m  (7 m) -37%
EBIT margin 4 %  (6 %)
Net profit SEK 2 m  (5 m) -64%
Net profit margin 2 %  (4 %)
EPS before dilution SEK 0,03  (0.09) -64%
Cash flow from operating activities SEK 30 m  (17 m) 75%
ACV SEK 6 m  (11 m) -40%
ARR SEK 426 m  (383 m) 11%