SameSystem realizes 41.8% year-over-year growth in ARR in Q1 FY2021/22
Company Announcement No. 8-2022Copenhagen, 28 March 2022Inside Information Financial report for the period 1 October 2021 - 31 December 2021 SameSystem delivers growth in line with expectations, achieving an Annual Recurring Revenue (ARR) of DKK 46.5m at the end of Q1 FY2021/22, corresponding to an increase of 41.8% compared to Q1 FY2020/21. Highlights Q1 FY2021/22 · Annual Recurring Revenue (ARR) amounted to DKK 46.5m as per 31 December 2021, compared to DKK 32.8m on 31 December 2020 · Churn rate of 5.2 % in Q1 FY2021/22 compared to 0.5 % in Q1 FY2020/21 ·