Relesys A/S realizes growth in Annual Recurring Revenue (ARR) of 37% in 2023
Relesys A/S | Annual ReportCompany Announcement No. 2-2024Copenhagen, March 20. 2024Financial report for the period 1 January 2023 - 31 December 2023Relesys ended 2023 with a best-ever Q4, taking full-year ARR to DKKm 61.9, a 37% increase year-on-year. In addition to the realized ARR, Relesys signed agreements with additional ARR of DKKm 5.6 that will be realized during 2024. In 2024, ARR is expected to increase 34% - 42% while revenue is expected to increase by 26% - 33%. Summary: Relesys continued to deliver double-digit growth rates in ARR and revenue. During 2023 Relesys