Basware Interim Report January 1 - September 30, 2016 (IFRS)
Basware Corporation, stock exchange release, October 19, 2016 at 08:45BASWARE INTERIM REPORT JANUARY 1 - SEPTEMBER 30, 2016 (IFRS)SUMMARYBasware SaaS revenues more than doubled, overall growth behind expectationsJanuary-September 2016: · Net sales EUR 108 369 thousand (EUR 104 200 thousand): growth 4.0 percent · Organic revenue growth 1.6 percent at constant currencies · Adjusted EBITDA EUR -1 598 thousand (EUR 5 337 thousand) · Cloud revenue 43.7 percent (35.6 %) of net sales · Recurring revenue 73.6 percent (68.2 %) of net sales · Operating result EUR -9 932