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Formpipe Software: Formpipe announces preview income statement for the fourth quarter and fiscal year 2022.

08:45 / 25 January 2023 Formpipe Press release

Formpipe announces preview income statement and ACV/ARR for the fourth quarter and fiscal year 2022. This press release and all information herein is preliminary and unaudited.

INCOME STATEMENT -
SUMMARY
Oct Jan
-Dec -Dec
 mSEK 2022 2021 2022 2021 2021*
License 7,0 9,9 16,6 69,3 28,4
SaaS 26,3 19,4 93,8 66,1 66,1
Support & 58,1 54,0 226,4 212,3 212,3
Maintenance
Delivery 36,4 38,9 148,3 125,5 125,5
Net revenue 127,8 122,3 485,1 473,2 432,3

EBITDA 20,1 28,1 72,4 135,1 94,9
Margin, % 16% 23% 15% 29% 22%

EBIT 5,7 16,0 15,7 68,5 42,7
Margin, % 4% 13% 3% 14% 10%

* Comparative
numbers excluding
the one-off
agreement with
Danish
Landbrugsstyrelsen
in June, 2021.

ARR & ACV
Okt-Dec Jan-Dec
 Mkr 2022 2021 2022 2021
ARR In - before FX 345,4 290,6 - 303,9 260,1
ARR In - FX** 0,1 2,0 - 16,5 6,8
ARR In 345,4 292,7 - 320,4 267,0
ACV - SE Public 5,6 3,4 - 11,6 5,4
ACV - DK Public 12,6 2,8 - 15,5 10,1
ACV - Private 5,8 5,1 - 22,4 21,8
ACV - Other -0,2 -0,1 - -0,6 -0,4
ACV 23,8 11,2 - 48,9 36,9
ARR Out 369,3 303,9 - 369,3 303,9

** Revaluation of ARR IN to the closing balance exchange rates.

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 disclosure contains information that Formpipe Software is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, at 08.45, 25 January 2023.

For additional information, contact:

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

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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