Brief: Pexip Q4 EBITDA Up At NOK 49.5 Million

Pexip Holding ASA

11/02/2021 15:38

Feb 11 (Reuters) - Pexip Holding ASA  PEXIP.OL :
    * PEXIP DELIVERS STRONG REVENUE GROWTH AND SOLID
PROFITABILITY IN
Q4 2020
    * REPORTED EBITDA IN Q4 WAS NOK 49.5 MILLION, REFLECTING A
22%
MARGIN, UP FROM NOK 32.0 MILLION IN Q4 2019
    * REVENUE IN Q4 WAS NOK 229.0 MILLION, UP 96% FROM NOK 116.9
MILLION IN Q4 2019
    * Q4 SUBSCRIPTION BASE MEASURED IN ANNUAL RECURRING REVENUE
(ARR)
REACHED USD 81.9 MILLION IN Q4 2020, UP FROM USD 47.2 MILLION IN
Q4 2019
    * AS PEXIP EXITS THE INVESTMENT PERIOD, WE EXPECT ABOVE 25%
EBITDA-RATE IN 2025 TOGETHER WITH REVENUE GROWTH ABOVE 25%

Source text for Eikon:  ID:nWkr3bMy6c 
Further company coverage:  PEXIP.OL 

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