Formpipe Software: Interim Report, January - September 2022

July 1 - September 30, 2022

2022 2021
Net sales of SEK 117 m (106 m)
Recurring revenues of SEK 81 m (70 m)
which corresponds to % of net sales 69 % (66 %)
EBITDA SEK 21 m (30 m)
EBITDA margin 18 % (28 %)
EBIT 6 m (17 m)
EBIT margin 5 % (16 %)
Net profit SEK 3 m (12 m)
Net profit margin 3 % (11 %)
EPS before dilution SEK 0,06 (0.23)
Cash flow from operating activities SEK 9 m (30 m)
ACV SEK 6 m (10 m)
ARR SEK 345 m (291 m)

January 1 - September 30, 2022

2022 2021 2021*
Net sales of SEK 357 m (351 m) (310 m)
Recurring revenues of SEK 236 m (205 m) (205 m)
which corresponds to % of net sales 66 % (58 %) (66 %)
EBITDA SEK 52 m (107 m) (67 m)
EBITDA margin 15 % (31 %) (22 %)
EBIT 10 m (53 m) (27 m)
EBIT margin 3 % (15 %) (9 %)
Net profit SEK 4 m (39 m) (19 m)
Net profit margin 1 % (11 %) (6 %)
EPS before dilution SEK 0.07 (0.73) (0,36)
Cash flow from operating activities SEK 17 m (47 m)
ACV SEK 25 m (26 m)
ARR SEK 345 m (291 m)

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

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, 27 October 2022