Revenue increased to 686.0 (pro forma 586.2) MSEK in the full year 2020, corresponding to a growth of 17.0 %
Revenue amounted to 167.2 (184.2) MSEK in the fourth quarter, representing a decline of -9.2%. Adjusted EBITDA amounted to 12.2 (41.7) MSEK, representing a decline of -70.7%. Revenue recognition is negatively affected by the Covid-19 situation. Revenue during January - December amounted to 686.0 (20 Feb – 31 Dec, 2019; 518.9) MSEK. Adjusted EBITDA amounted to 156.1 (20 Feb -31 Dec 2019; 108.8) MSEKRevenue in the fourth quarter amounted to 167.2 (184.2) MSEK, representing a decline of -9.2%. Support and maintenance fees constitute the largest share of the revenue. License revenue and