SameSystem reports 42.5% year-on-year growth in ARR in H1 FY2021/22 and adjusted guidance for FY2022/23 corresponding to year-on-year ARR growth of 25%.
Company Announcement No. 12-2022Copenhagen, 27 June 2022Inside Information Financial report for the period 1 October 2021 - 31 March 2022At the end of H1 FY2021/22, SameSystem’s ARR amounted to DKK 50.3m, an increase of 42.5% compared to H1 FY2020/21. SameSystem’s growth is in line with the targets presented in the IPO document. Highlights H1 FY2021/22 · Annual Recurring Revenue (ARR) amounted to DKK 50.3m on 31 March 2022 compared to DKK 35.3m on 31 March 2021 · The churn rate was 6.2% in H1 FY2021/22 compared to 1.2% in H1 FY2020/21. The churn rate is