Relesys reports 36% year-on-year growth in Annual Recurring Revenue. Relesys keeps guidance unchanged.
Relesys A/S | Interim financial report H1 2023Company Announcement No. 9-2023Copenhagen, August 29, 2023First half-year period: January 1, 2023 – June 30, 2023 Relesys achieved an Annual Recurring Revenue (ARR) of DKKm 51.8 and executed the first half of the financial year in accordance with the plan. Current financial guidance remains unchanged. Summary: • ARR increased from DKKm 38.2 in Q2 2022 to DKKm 51.8 in Q2 2023, corresponding to 36% year-on-year growth. • NRR last twelve months was 109%. • ARR net uplift last twelve months was 13%. • ARR churn last