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ONEF Oneflow AB News Story

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Sweden's Oneflow Q1 sales rise 22%, EBITDA margin turns positive

Overview

Sweden contract automation platform's Q1 net sales rose 22% yr/yr

Q1 EBITDA margin turned positive at 16%, up from -22% a year ago

Annual recurring revenue grew 18% yr/yr, reflecting expansion outside Sweden

Outlook

Company expects gradual improvement in retention metrics over coming quarters

Oneflow's main priority is to reach sustainable profitability in the short term

Company maintains long-term ambition to surpass 30% ARR growth and achieve profitability within existing funding

Result Drivers

EFFICIENCY AND SCALABILITY - Co said strategic focus on efficiency, scalability and disciplined execution contributed to improved profitability and positive net cash flow

ARR PER EMPLOYEE - Co said ARR per FTE rose 49% yr/yr, reflecting ability to deliver more value with fewer resources

RETENTION INITIATIVES - Co said actions in product, positioning, and go-to-market led to sequential improvement in revenue retention rates

Company press release: ID:nWkrH6T7w

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 SalesSEK 47.70 mln
Q1 ARRSEK 194.20 mln
Q1 Basic EPS-SEK 0.20
Q1 EBIT-SEK 5.60 mln
Q1 EBIT Margin-12.00%
Analyst Coverage Wall Street's median 12-month price target for Oneflow AB is SEK33.00, about 96.4% above its May 7 closing price of SEK16.80 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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