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Formpipe Software: Interim Report, January - March 2024

08:15 / 25 April 2024 Formpipe Press release

January 1 - March 31, 2024

2024  2023  Δ 
Net sales of SEK  125 m  (128 m)  -2% 
Recurring revenues of SEK  102m  (88 m)  15% 
which corresponds to % of net sales  81 %  (69 %) 
EBITDA SEK  21 m  (23 m)  -9% 
EBITDA margin  17 %  (18 %) 
EBIT  4 m  (7 m)  -37% 
EBIT margin  4 %  (6 %) 
Net profit SEK  2 m  (5 m)  -64% 
Net profit margin  2 %  (4 %) 
EPS before dilution SEK  0,03  (0.09)  -64% 
Cash flow from operating activities SEK  30 m  (17 m)  75% 
ACV SEK  6 m  (11 m)  -40% 
ARR SEK  426 m  (383 m)  11%

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, 25 April 2024.

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. Every 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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