Interim Report, January – September 2021

Period July 1 – September 30, 2021

• Net sales of SEK 106 m (96 m)
• Recurring revenues of SEK 70 m (63 m)
• which corresponds to % of net sales 66 % (66 %)
• EBITDA SEK 30 m (27 m)
• EBITDA margin 28 % (28 %)
• EBIT 17 m (14 m)
• EBIT margin 16 % (15 %)
• Net profit SEK 12 m (9 m)
• Net profit margin 12 % (10 %)
• EPS before dilution SEK 0.23 (0.17)
• Cash flow from operating activities SEK 30 m (3 m)
• ACV SEK 9.4 m (4.3 m)
• ARR SEK 291 m (259 m)

Period January 1 – September 30, 2021

• Net sales of SEK 351 m (300 m)
• Recurring revenues of SEK 205 m (186 m)
• which corresponds to % of net sales 58 % (62 %)
• EBITDA SEK 107 m  (78 m)
• EBITDA margin 31 % (26 %)
• EBIT 52 m (41 m)
• EBIT margin 15 % (14 %)
• Net profit SEK 39 m (29 m)
• Net profit margin 11 % (10 %)
• EPS before dilution SEK 0.73 (0.55)
• Cash flow from operating activities SEK 47 m (65 m)
• ACV SEK 25.7 m (13.3 m)
• ARR SEK 291 m (259 m)

For the full report, see attached PDF.

For additional information, contact:

Christian Sundin
President and CEO of Formpipe
+46 705 67 73 85
christian.sundin@formpipe.com

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.

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. 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.