Basware Interim Report January 1-June 30, 2016 (IFRS)
Basware Corporation, stock exchange release, July 19, 2016 at 08:45BASWARE INTERIM REPORT JANUARY 1 - JUNE 30, 2016 (IFRS)SUMMARYBasware grew SaaS revenues by 99% and continued to invest in enablers for the 2018 strategyJanuary-June 2016: · Net sales EUR 73 073 thousand (EUR 70 631 thousand): growth 3.5 percent · Organic revenue growth 2.5 percent at constant currencies · Adjusted EBITDA EUR -2 978 thousand (EUR 1 798 thousand) · Cloud revenue 42.2 percent (33.8 %) of net sales · Recurring revenue 71.7 percent (66.3 %) of net sales · Operating result EUR -7 714