Formpipe Fourth quarter and full year 2023 results
October 1 – December 31, 2023
| 2023 | 2022 | Δ | |
| Net sales of SEK | 136 m | (128 m) | 7% |
| Recurring revenues of SEK | 101m | (84 m) | 20% |
| which corresponds to % of net sales | 74 % | (66 %) | |
| EBITDA SEK | 33 m | (20 m) | 64% |
| EBITDA margin | 24 % | (16 %) | |
| EBIT | 17 m | (6 m) | 202% |
| EBIT margin | 13 % | (4 %) | |
| Net profit SEK | 19 m | (5 m) | 265% |
| Net profit margin | 14 % | (4 %) | |
| EPS before dilution SEK | 0,34 | (0.09) | 265% |
| Cash flow from operating activities SEK | 66 m | (64 m) | 4% |
| ACV SEK | 9 m | (24 m) | -61% |
| ARR SEK | 405 m | (369 m) | 10% |
January 1 – December 31, 2023
| 2023 | 2022 | Δ | |
| Net sales of SEK | 525 m | (485 m) | 8% |
| Recurring revenues of SEK | 383 m | (320 m) | 20% |
| which corresponds to % of net sales | 73 % | (66 %) | |
| EBITDA SEK | 115 m | (72 m) | 58% |
| EBITDA margin | 22 % | (15 %) | |
| EBIT | 49 m | (16 m) | 211% |
| EBIT margin | 9 % | (3 %) | |
| Net profit SEK | 37 m | (9 m) | 321% |
| Net profit margin | 7 % | (2 %) | |
| EPS before dilution SEK | 0,68 | (0.16) | 321% |
| Cash flow from operating activities SEK | 103 m | (81 m) | 27% |
| ACV SEK | 39 m | (49 m) | -20% |
| ARR SEK | 405 m | (369 m) | 10% |
| Proposed dividend per share SEK, paid out on two occasions |
0.50 |
(0.00) |
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 08.15, 16 February 2024.
