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Focus on growth and profits

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Financial Highlights

  • ARR at the end of Q2 (the quarter ending 31 December 2022) was SEK 88.7m, corresponding to a 23.0% increase compared with the same period last year (SEK 72.1m).
  • Total contract value at the end of Q2 of SEK 130.7m, corresponding to a 35.4% increase compared with the same period last year (SEK 96.5m). Organic TCV growth in Q2 was 32.1% compared to the same period last year.
  • Net sales in Q2 were SEK 27.0m, corresponding to a 24.4% increase compared with the same period last year (SEK 21.7m). Organic net sales growth was 17.7%.
  • Gross profit in Q2 was SEK 26.5m (SEK 21.4m) equating to a 97.8% gross margin (98.0%).
  • Normalised EBITDA in Q2 (EBITDA before non-recurring items) was SEK -2.4m compared to the same period last year (SEK -2.2m).
  • EBITDA of SEK -9.2m compared to the same period last year (SEK -4.2m)
  • Basic earnings per share (weighted) amounted to SEK -0.19 (-0.12).
  • Operating cashflow in Q2 was SEK -4.0m (-6.7m).

Operational Highlights

  • We signed a letter of intent to acquire eDocuments.
  • 208 new agreements were signed in Q2 with a value of SEK 33.1m.

Significant Events after the Period

  •  There were no significant events after the end of the period

For more information, please contact:
Gustave Geisendorf, CEO, gustave.geisendorf@builddata.se, +44 7760760777.

Bruce Morrison, CFO, bruce.morrison@builddata.se, +44 7770262386

About BuildData

BuildData. Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

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