Brief: SameSystem Realizes Growth In Annual Recurring Revenue Of 40.1%

SameSystem A/S

14/01/2022 09:55

Jan 14 (Reuters) - Samesystem A/S  SAMES.CO :
    * SAMESYSTEM REALIZES GROWTH IN ANNUAL RECURRING REVENUE OF
40.1%
    * FINANCIAL REPORT FOR PERIOD 1 OCTOBER 2020 - 30 SEPTEMBER
2021
    * ANNUAL RECURRING REVENUE (ARR) AMOUNTS TO DKK 42.1M ON 30
SEPTEMBER 2021, WHICH IS AN INCREASE OF 40.1% COMPARED TO 30
SEPTEMBER 2020
    * CHURN RATE OF 6.9% IN FY 2020/21 COMPARED TO 3.1% IN FY
2019/20
    * SAMESYSTEM HAD 833 CUSTOMERS ON 30 SEPTEMBER 2021 COMPARED
TO
646 ON 30 SEPTEMBER 2020
    * HAD CUSTOMERS IN 23 COUNTRIES ON 30 SEPTEMBER 2021
COMPARED TO
21 IN FY2019/20
    * FY 2020/21 EBITDA LOSS DKK 22.1 MILLION VERSUS PROFIT DKK
9.2
MILLION YEAR AGO
    * FY 2020/21 NET LOSS DKK 22.2 MILLION VERSUS.  PROFIT DKK
3.2
MILLION YEAR AGO

Source text for Eikon:  ID:nWkr8qXpf0 
Further company coverage:  SAMES.CO 

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