Second quarter of 2022 results
On demand webcast covering the Q2 Report presentation from the 15th July.
”We have made significant progress in our transition to a full service provide for the public sector
- Christian Sundin, CEO Formpipe
Interim Report, January-June 2022
Period April 1 - June 30, 2022
|
|
2022 |
2021 |
2021* |
|
Net sales of SEK |
120 m |
(143 m) |
(102 m) |
|
Recurring revenues of SEK |
78 m |
(68 m) |
(68 m) |
|
which corresponds to % of net sales |
66 % |
(48 %) |
(67 %) |
|
EBITDA SEK |
15 m |
(58 m) |
(18 m) |
|
EBITDA margin |
12 % |
(40 %) |
(17 %) |
|
EBIT |
0 m |
(30 m) |
(4 m) |
|
EBIT margin |
0 % |
(21 %) |
(4%) |
|
Net profit SEK |
-1 m |
(23 m) |
(3 m) |
|
Net profit margin |
-1 % |
(16 %) |
(3 %) |
|
EPS before dilution SEK |
-0.02 |
(0.43) |
(0,04) |
|
Cash flow from operating activities SEK |
-5 m |
(11 m) |
|
|
ACV SEK |
10 m |
(10 m) |
|
|
ARR SEK |
333 m |
(280 m) |
|
Period January 1 - June 30, 2022
|
|
2022 |
2021 |
2021* |
|
Net sales of SEK |
240 m |
(245 m) |
(204 m) |
|
Recurring revenues of SEK |
155 m |
(135 m) |
(135 m) |
|
which corresponds to % of net sales |
65 % |
(55 %) |
(66 %) |
|
EBITDA SEK |
32 m |
(77 m) |
(37 m) |
|
EBITDA margin |
13 % |
(32 %) |
(18 %) |
|
EBIT |
4 m |
(35 m) |
(10 m) |
|
EBIT margin |
2 % |
(15 %) |
(5 %) |
|
Net profit SEK |
0 m |
(27 m) |
(7 m) |
|
Net profit margin |
0 % |
(11 %) |
(3 %) |
|
EPS before dilution SEK |
0.01 |
(0.51) |
(0,12) |
|
Cash flow from operating activities SEK |
8 m |
(17 m) |
|
|
ACV SEK |
19 m |
(16 m) |
|
|
ARR SEK |
333 m |
(280 m) |
|
*Comparative numbers excluding the one-off agreement with Danish Landbrugsstyrelsen in June, 2021.
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 AM CEST July 15 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.
