Recurring revenue continues to grow while churn remains at 0%
Interim Report October 1st – December 31th, 2020 • Despite a quarter with lead times affected by the pandemic, the Annual Recurring Revenue(ARR) increased with +37% year-on-year, to 23,8 MSEK.• The transformation in 2020 came to full completion in the fourth quarter. On a full-year basisrecurring revenues accounted for 90% of total revenues.• Churn in Q4 remains at 0%.• On January 25th, Safeture carried out a directed share issue of 4,6 million shares worth 38,6MSEK in new cash.Summary of Interim Report The Group Full Year (2020-01-01 to 2020-12-31) · Net