Formpipe Software: Formpipe Fourth quarter and full year 2022 results

October 1 - December 31, 2022

2022 2021
Net sales of SEK 128 m (122 m)
Recurring revenues of SEK 814m (73 m)
which corresponds to % of net sales 66 % (60 %)
EBITDA SEK 20 m (28 m)
EBITDA margin 16 % (23 %)
EBIT 6 m (16 m)
EBIT margin 4 % (13 %)
Net profit SEK 5 m (11 m)
Net profit margin 4 % (9 %)
EPS before dilution SEK 0,09 (0.21)
Cash flow from operating activities SEK 64 m (52 m)
ACV SEK 24 m (11 m)
ARR SEK 369 m (304 m)

January 1 - December 31, 2022

2022 2021 2021*
Net sales of SEK 485 m (473 m) (432 m)
Recurring revenues of SEK 320 m (278 m) (278 m)
which corresponds to % of net sales 66 % (59 %) (64 %)
EBITDA SEK 72 m (135 m) (94 m)
EBITDA margin 15 % (29 %) (22 %)
EBIT 16 m (69 m) (43 m)
EBIT margin 3 % (14 %) (10 %)
Net profit SEK 9 m (50 m) (25 m)
Net profit margin 2 % (11 %) (6 %)
EPS before dilution SEK 0.16 (0.94) (0,57)
Cash flow from operating activities SEK 81 m (99 m)
ACV SEK 49 m (37 m)
ARR SEK 369 m (304 m)
Proposed dividend SEK 0,00 (0,70)

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 insider 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, 15 February 2022