Pagero receives a EUR 4.2 million order

On the 21 of April 2023, Pagero UK Ltd, a subsidiary of Pagero Group AB (publ), received an order amounting to EUR 4.147 million

The order is for a fixed contractual term of two years and comprises of EUR 2.012 million in yearly recurring revenues as well as one-time charges amounting to EUR 0.123 million for service enablement and implementations. 

The company clarifies that the effective date of the contract is 31 of March 2023, and the yearly revenue will be included in the Q1 2023 ARR (Annualized Recurring Revenue) figures.

For more information

Bengt Nilsson, CEO
Bengt.nilsson@pagero.com

Jan-Olof Ohlsson, CFO
Jan-olof.ohlsson@pagero.com
 

Certified adviser
Erik Penser Bank is Certified Adviser.

This information is information that Pagero Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, by approval of the contact persons set out above, on 21 April 2023 at 6:00 PM.

About Pagero

Pagero provides a Smart Business Network that connects buyers and sellers for automated, compliant, and secure exchange of orders, invoices, payment instructions, and other business documents. With an open network and a wide range of value-added apps, Pagero helps businesses streamline their order-to-cash and purchase-to-pay processes while unlocking the full potential of accurate and reliable business data. All of this, regardless of location, industry, size or systems. 
Find out more on www.pagero.com