Second quarter of 2023 results
On demand webcast covering the Q2 Report presentation from the 14th July.
”Growth in both profitability and ARR ”
Christian Sundin, CEO Formpipe
CEO Christian Sundin presents the Q2 report of 2023.
April 1 – June 30, 2023
|
|
2023 |
2022 |
Δ |
|
Net sales of SEK |
137 m |
(120 m) |
15% |
|
Recurring revenues of SEK |
94m |
(78 m) |
21% |
|
which corresponds to % of net sales |
69 % |
(66 %) |
|
|
EBITDA SEK |
29 m |
(15 m) |
98% |
|
EBITDA margin |
21 % |
(12 %) |
|
|
EBIT |
13 m |
(0 m) |
n/a |
|
EBIT margin |
9 % |
(0 %) |
|
|
Net profit SEK |
5 m |
(-1 m) |
n/a |
|
Net profit margin |
3 % |
(-1 %) |
|
|
EPS before dilution SEK |
0,09 |
(-0.01) |
n/a |
|
Cash flow from operating activities SEK |
1 m |
(-5 m) |
n/a |
|
ACV SEK |
11 m |
(10 m) |
8% |
|
ARR SEK |
406 m |
(333 m) |
22% |
January 1 – June 30, 2023
|
|
2023 |
2022 |
Δ |
|
Net sales of SEK |
265 m |
(240 m) |
11% |
|
Recurring revenues of SEK |
183 m |
(155 m) |
18% |
|
which corresponds to % of net sales |
69 % |
(65 %) |
|
|
EBITDA SEK |
52 m |
(32 m) |
65% |
|
EBITDA margin |
20 % |
(13 %) |
|
|
EBIT |
20 m |
(4 m) |
411% |
|
EBIT margin |
8 % |
(2 %) |
|
|
Net profit SEK |
11 m |
(0 m) |
n/a |
|
Net profit margin |
4 % |
(0 %) |
|
|
EPS before dilution SEK |
0,17 |
(0.01) |
n/a |
|
Cash flow from operating activities SEK |
16 m |
(8 m) |
114% |
|
ACV SEK |
22 m |
(19 m) |
14% |
|
ARR SEK |
406 m |
(333 m) |
22% |
