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Formpipe

Formpipe

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Formpipe Software: Formpipe Fourth quarter and full year 2021 results

08:45 / 16 February 2022 Formpipe Press release

October 1 - December 31, 2021

Net sales of SEK 122 m (103 m)
Recurring revenues of SEK 73 m (67 m)
which corresponds to % of net sales 60 % (65 %)
EBITDA SEK 28 m (26 m)
EBITDA margin 23 % (25 %)
EBIT 16 m (13 m)
EBIT margin 13 % (12 %)
Net profit SEK 11 m (12 m)
Net profit margin 9 % (12 %)
EPS before dilution SEK 0.21 (0.22)
Cash flow from operating activities SEK 52 m (50 m)
ACV SEK 11.2 m (8.9 m)
ARR SEK 304 m (260 m)

January 1 - December 31, 2021

Net sales of SEK 473 m (403 m)
Recurring revenues of SEK 278 m (254 m)
which corresponds to % of net sales 59 % (63 %)
EBITDA SEK 135 m (104 m)
EBITDA margin 29 % (26 %)
EBIT 69 m (53 m)
EBIT margin 14 % (13 %)
Net profit SEK 50 m (41 m)
Net profit margin 11 % (10 %)
EPS before dilution SEK 0.94 (0.78)
Cash flow from operating activities SEK 99 m (115 m)
ACV SEK 36.9 m (22.2 m)
ARR SEK 304 m (260 m)
The board proposes a dividend of SEK 0,70 (0,66)
per share

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 CET, 16 February 2022

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.

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