Formpipe Fourth quarter and full year 2022 results
October 1 – December 31, 2022
| 2022 | 2021 | |
| Net sales of SEK | 128 m | (122 m) |
| Recurring revenues of SEK | 814m | (73 m) |
| which corresponds to % of net sales | 66 % | (60 %) |
| EBITDA SEK | 20 m | (28 m) |
| EBITDA margin | 16 % | (23 %) |
| EBIT | 6 m | (16 m) |
| EBIT margin | 4 % | (13 %) |
| Net profit SEK | 5 m | (11 m) |
| Net profit margin | 4 % | (9 %) |
| EPS before dilution SEK | 0,09 | (0.21) |
| Cash flow from operating activities SEK | 64 m | (52 m) |
| ACV SEK | 24 m | (11 m) |
| ARR SEK | 369 m | (304 m) |
January 1 – December 31, 2022
| 2022 | 2021 | 2021* | |
| Net sales of SEK | 485 m | (473 m) | (432 m) |
| Recurring revenues of SEK | 320 m | (278 m) | (278 m) |
| which corresponds to % of net sales | 66 % | (59 %) | (64 %) |
| EBITDA SEK | 72 m | (135 m) | (94 m) |
| EBITDA margin | 15 % | (29 %) | (22 %) |
| EBIT | 16 m | (69 m) | (43 m) |
| EBIT margin | 3 % | (14 %) | (10 %) |
| Net profit SEK | 9 m | (50 m) | (25 m) |
| Net profit margin | 2 % | (11 %) | (6 %) |
| EPS before dilution SEK | 0.16 | (0.94) | (0,57) |
| Cash flow from operating activities SEK | 81 m | (99 m) | |
| ACV SEK | 49 m | (37 m) | |
| ARR SEK | 369 m | (304 m) | |
| Proposed dividend SEK | 0,00 | (0,70) |
This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.
This information is insider information that Formpipe Software AB (publ) is obliged 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 08.45, 15 February 2022
Read the report and more via this link: Fourth quarter and full year 2022 results
For additional information, contact:
Christian Sundin
President and CEO of Formpipe
+46 705 67 73 85
christian.sundin@formpipe.com
Formpipe builds valuable relationships between data and people. Driven by our core values, since 2004 we have developed premium software that provides you with the right information, in the right context, at the right time. We help over 5,500 clients worldwide to digitize and automate business processes. Together with our customers and partners, we co-create a digital society where people thrive. We have offices in Sweden, Denmark, United Kingdom, USA and Germany. Formpipe Software is a publicly listed company on Nasdaq Stockholm.