Q-Free: Second quarter and first half-year 2023 financial results
(Trondheim, 7 July 2023) Q-Free ASA (Q-Free, OSE: QFR) reported total revenues for the second quarter of 2023 of NOK 290 million, up 36% from the same quarter last year, and an EBITDA of NOK 33 million. The company continues the strong growth in annual recurring revenues (ARR) to a calculated ARR of NOK 455 million, which represents a growth of 52%. "Q-Free delivered a solid quarter with a significant increase in revenue and an EBITDA of NOK 33 million. The growth follows a very positive underlying growth trend driven by increased product sales in Tolling, and recurring revenues in both