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Headquarters, Stockholm

Formpipe Software AB
Sveavägen 168, Stockholm
Box 231 31, 104 35 Stockholm
SE - Sverige
Tel: +46 8 555 290 60
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Linköping

Gasverksgränd 2, 582 22 Linköping
Tel: +468-500 072 25
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Denmark

Lautrupvang 1
2750 Ballerup
Tel: +45 3325 6555
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More contant info for the Danish office?

 

France

Formpipe Software France
19 B boulevard Lacombe
81000 Albi
Tel: +33 9 83 66 09 09
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Germany

c/o Andersen Partner Business Centre
Alsterarkaden 13, 2. OG
20354 Hamburg
Tel: +49 40 31 99 34 32
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The Netherlands

Stationsplein 105
5211 BM ‘s-Hertogenbosch
Tel: +31 73 704 0318
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USA

Formpipe, inc.
1200 US Highway 22 E Suite 2000
Bridgewater, NJ 08807
Tel : +1 908 399 7828
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UK, Cambridge

2 Burlington Park
Station Road, Foxton
Cambridge - CB22 6SA
Tel: +44 1223 872747
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UK, Nottingham

Unit 1, Isaac Newton Centre 
Nottingham Science Park
Nottingham – NG7 2RH
Tel: +44 115 924 8475
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Press releases 2021

Here you'll find all press releases published 2021.

  • Formpipe fourth quarter and full year 2020 results

    Published on 16 February 2021

    PERIOD OCTOBER 1 – DECEMBER 31, 2020

    • Net sales of SEK 103.4 m (SEK 103.1 m)
    • Software revenues of SEK 76.1 m (SEK 69.2 m)
    • Recurring revenues of SEK 67.2 m (SEK 59.0 m), 
      which corresponds to 65 % (57 %) of net sales.
    • EBITDA SEK 25.9 m; 25.1 % (SEK 28.4 m; 27.5 %)
    • EBITDA-adj. SEK 14.1 m; 13.6 % (SEK 19.9 m; 19.4 %)
    • EBIT SEK 12.7 m; 12.3 % (SEK 15.3 m; 14.9 %)
    • Net profit SEK 12.0 m; 11.6 % (SEK 12.0 m; 11.7 %)
    • EPS before dilution SEK 0.22 (SEK 0.23)
    • Cash flow from operating activities SEK 49.6 m (SEK 48.1 m)

     

    PERIOD JANUARY 1 – DECEMBER 31, 2020

    • Net sales of SEK 403,1 m (SEK 393.8 m)
    • Software revenues of SEK 286.1 m (SEK 261.1 m)
    • Recurring revenues of SEK 253.5 m (SEK 229.7 m), 
      which corresponds to 63 % (58 %) of net sales.
    • EBITDA SEK 104.3 m; 25.9 % (SEK 100.7 m; 25.6 %)
    • EBITDA-adj. SEK 64.1 m; 15.9 % (SEK 64.4 m; 16.4 %)
    • EBIT SEK 53.3 m; 13.2 % (SEK 47.5 m; 12.1 %)
    • Net profit SEK 41.4 m; 10.3 % (SEK 35.0 m; 8.9 %)
    • EPS before dilution SEK 0.78 (SEK 0.66)
    • Cash flow from operating activities SEK 115.0 m (SEK 63.7 m)
    • The board proposes a dividend of SEK 0,66 per share (SEK 0,60)

     

    For the full report, see attached PDF.   

    For additional information, contact:

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

    _____________________________________________________________

    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 February 16, 2021.

    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.

    Read more
  • Formpipe presents new growth strategy and financial targets

    Published on 16 February 2021

    The software company Formpipe presents a new growth strategy and new financial targets when the company today publishes its fourth quarter and full year 2020 results. The new strategy captures opportunities to deliver on a number of markets with the self-developed and successful product Lasernet.

    Formpipe has a stable and profitable business for the public sector, a strong organization and high-quality products that meet an increasing demand as digitalization progresses. With an average annual sales growth exceeding 12 percent since 2016, Lasernet is an important part of Formpipe's continued growth journey. As per the acquisition of EFS in July 2020, our opportunity to scale sales of Lasernet increased, and we see significant potential in accelerating our growth the upcoming years.” Says Christian Sundin, President and CEO of Formpipe.

    Key points in growth strategy 2021-2025

    • Formpipe develops and sells software and cloud services in digital information services through a strong network of certified partners and by our own organization
    • The business model is based on increasing the recurring revenue by selling our products as SaaS to the greatest possible extent
    • Strategic acquisitions complement organic growth
    • Investments in sales and delivery capacity to support partners and meet demand for Lasernet
    • Focus on accelerated growth in the US and Europe

    While entering a strategic growth journey, the company sets new financial targets:

    • The average annual revenue growth will amount to 10 percent 2021 – 2025
    • 70 percent of total revenue will consist of recurring revenue by 2025
    • The operating margin will gradually be strengthened and exceed 20 percent in 2025
    • Over time, at least 50 percent of the year's net income will be distributed as dividends to our shareholders

    Investments in growth will primarily take place through capacity building with focus on the USA and Europe. The build-up phase provides a not insignificant short-term negative margin impact before we reach the goals above.

    This is an aggressive venture that gives us the opportunity to make use of the momentum in the market, to develop Formpipe long-term. During the pandemic, we see an increased opportunity to recruit necessary and coveted expertise. We therefore take on some initial investments that will give a short-term negative margin impact but that will deliver good yield long-term.” Christian Sundin finalizes.

    Presentation for investors, analysts and media:

    Formpipe’s president and CEO Christian Sundin, will present the fourth quarter and full year 2020 results alongside the new growth strategy and financial targets at a webcast, today the 16th of February at 01.00 PM.

    How to participate in the webcast

    Link to register for the event: https://www.lyyti.in/LIVE_Q_Formpipe_Software__Feb_16th_0854 

    Live broadcast of the event will be available through this link: https://www.redeye.se/events/803053/803053

    Report and presentation will be made available for download at: Financial reports (formpipe.com)

    For additional information, contact:

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

     

    _____________________________________________________________

    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 February 16, 2021.

    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.

    Read more
  • Press release Formpipe invitation to webcast fourth quarter and full year 2020 results

    Published on 12 February 2021

    Formpipe’s fourth quarter and full year 2020 results will be published on
    Tuesday, February 16, 2021, at 08:45 CET.

    The same day at 01.00-02.00 PM CET; analysts, investors, media and
    other interested parties are invited to attend a webcast where Formpipe’s
    CEO, Christian Sundin, will comment on the published report and answer
    questions.

    The presentation and question & answers will be given in English.

    How to participate in the webcast

    Link to register for the event:
    https://www.lyyti.in/LIVE_Q_Formpipe_Software__Feb_16th_0854

    Live broadcast of the event will be available through this link:
    https://www.redeye.se/events/803053/803053

    For additional information, contact:

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

    Read more