SmartCraft ASA (SMCRT) – Fourth quarter 2021 financial results
SmartCraft ASA | Half yearly financial reports and audit reports / limited reviews23 February 2022 - SmartCraft ASA today reported its results for the fourth quarter 2021, ending the period with annual recurring revenue (ARR) of NOK 266.8 million, which represents a growth of 30% since Q4 2020. Revenue in the fourth quarter was 76.2 million (+38% Y/Y), of which 96 percent was recurring. The organic growth in recurring revenue was 18 percent compared to Q4 2020, whereas organic growth in total revenue was 14 percent. SmartCraft's adjusted EBITDA increased 23 percent in Q4 2021 compared