Upsales Technology AB (publ) - interim report Q1 2022
Annual recurring revenue (ARR) · ARR at the end of the period was MSEK 120.4 (92.1) which corresponds to an increase of 30.7 % compared to the same time last year · The increase in ARR during the quarter was MSEK 8.6, which corresponds to a growth of 7.7 % during the quarter January - March 2022 (compared to the same period last year) · Net sales grew by 35.6 % to MSEK 29.5 (21.8) · EBITDA decreased to MSEK 5.6 (6.5) · EBITDA margin decreased to 19.1 % (29.8 %) · Operating profit (EBIT) decreased to MSEK 3.9 (4.3) · Net income decreased to MSEK 3.1 (3.2) ·