Brief: Questback Q3 Trading Update

Questback AS

17/10/2022 07:05

Oct 17 (Reuters) - Questback Group AS  QUEST.OL :
    * QUESTBACK GROUP REPORTS THIRD QUARTER TRADING UPDATE
    * Y/Y ARR GROWTH PER END OF Q3 2022 OF +15%, UP FROM 0% PER
END OF
Q3 2021
    * EXPANSION SALES (SALES TO EXISTING CUSTOMERS) GROWTH BY
111% IN
Q3 2022, VERSUS SAME PERIOD LAST YEAR
    * ACHIEVED 73% GROWTH IN TOTAL NEW ARR (NEW ARR TO NEW
CUSTOMERS +
NEW ARR TO EXISTING CUSTOMERS) IN Q3 2022, VERSUS SAME PERIOD
LAST YEAR
    * NET RETENTION RATE, REFLECTING OUR ABILITY TO BOTH RETAIN
AND
GROW EXISTING CUSTOMER BASE, OF 100% IN Q3 2022 (99%)

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