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Interim Report, January – September 2020

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Period July 1 – September 30, 2020

  • Net sales of SEK 96.4 m (SEK 92.4 m)
  • Software revenues of SEK 69.1 m (SEK 62.5 m)
  • Recurring revenues of SEK 63.3 m (SEK 57.8 m) which corresponds to 66 % (63 %) of net sales.
  • EBITDA SEK 27.0 m; 28.1 % (SEK 24.3 m; 26.3 %)
  • EBITDA-adj. SEK 17.4 m; 18.1 % (SEK 14.5 m; 15.7 %)
  • EBIT SEK 14.0 m; 14.5 % (SEK 11.2 m; 12.1 %)
  • Net profit SEK 9.2 m; 9.5 % (SEK 8.3 m; 8.9 %)
  • EPS before dilution SEK 0.17 (SEK 0.16)
  • Cash flow from operating activities SEK 3.1 m (SEK 21.5 m)

Period January 1 – September 30, 2020

  • Net sales of SEK 299.8 m (SEK 290.7 m)
  • Software revenues of SEK 209.9 m (SEK 192.0 m)
  • Recurring revenues of SEK 186.4 m (SEK 170.7 m) which corresponds to 62 % (59 %) of net sales.
  • EBITDA SEK 78.4 m; 26.2 % (SEK 72.3 m; 24.9 %)
  • EBITDA-adj. SEK 50.1 m; 16.7 % (SEK 44.5 m; 15.3 %)
  • EBIT SEK 40.6 m; 13.5 % (SEK 32.2 m; 11.1 %)
  • Net profit SEK 29.4 m; 9.8 % (SEK 23.0 m; 7.9 %)
  • EPS before dilution SEK 0.55 (SEK 0.43)
  • Cash flow from operating activities SEK 65.4 m (SEK 15.6 m)

For additional information, contact:

Christian Sundin, President and CEO of Formpipe, +46 705 67 73 85

For the full report, see attached PDF.


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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 inside 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 October 27, 2020.

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. Every 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.


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