Divio Technologies AB (publ) Year-end report H2 2019 - Divio grows with 49 percent MRR, and system development increases the potential market
Divio Technologies made significant investments in the development of PaaS and CMP platforms during 2019. Divio has transformed from a development-focused to a sales-focused company and implemented an enterprise sales strategy. The overall MRR increased by 49% compared to the previous year, and there is an expanding pipeline of prospects.Key indicators Jul – Dec 2019 2019Subscription revenue KSEK 5,802 (2,955) 9,765 (4,951)Professional services KSEK 182 (4,802) 2,086 (6,286)Earnings per share SEK -0,35 -0,45Cash and cash