SmartCraft ASA (SMCRT) – Q2 2024: Continued growth with solid profitability
27 August 2024 - SmartCraft ASA, the leading Nordic provider of mission-critical SaaS solutions to small and mid-sized companies in the construction sector, today reported its results for the second quarter of 2024, with record-high revenues with continued high margins. The company ended the period with annual recurring revenue (ARR) of NOK 461 million, which represents an annual growth of 29 percent. Organic ARR growth was 11 percent. Reported revenue in the second quarter was NOK 133 million (+32 percent), of which 90 percent was recurring, including a dilution of 7 percentage points