Bricknode interim report for Q3 2021
Third quarter 2021
- Net revenue increased by 33% to 3,880 (2,918) TSEK
- Net revenue retention rate was 127%
- New agreement signed with TBC Capital with increased revenue
January – September 2021
- Net revenue increased by 40% to 11,114 (7,920) TSEK
Comments from Stefan Willebrand, Founder & CEO, Bricknode
"The third quarter of 2021 marks our first quarterly report as a listed company. Bricknode is continuing its aggressive growth journey by focusing on global sales and marketing to spread the word about the financial network we are creating.
Net revenue increased by 33% compared with the same quarter last year and reflects our ability to quickly execute and deliver our SaaS solutions to customers.
During August, we announced several key hires in the United Kingdom which is testament to our efforts in expanding our network and putting 'boots on the ground' in more regions.
At the end of August, we were happy to announce that TBC Capital, Georgia’s leading investment bank, became a customer of Bricknode and joined our network. The deal will boost Bricknode’s monthly recurring revenue by 20% on average, based on current monthly recurring revenue at the time of signing."
Stefan Willebrand, Founder & CEO
+46 8 122 086 87
+46 8 546 017 58
Bricknode is a B2B-focused SaaS company that provides scalable, cloud-based software enabling financial companies to launch digital banking products at speed. The platform makes it easy for customers to build or transform almost any financial product with complete software for investment management, funds, lending, deposits and savings. The company also offers outsourcing solutions for back-office administration. Bricknode was founded in 2010 and supports financial companies globally. Find out more at bricknode.com or follow Bricknode on LinkedIn & Twitter.
This is information that Bricknode Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 14:00 CET on 30 November 2021.