Brief: Samesystem: 41.8% Year-Over-Year Growth In ARR In Q1 2021/22

SameSystem A/S

28/03/2022 11:56

March 28 (Reuters) - Samesystem A/S  SAMES.CO :
    * SAMESYSTEM REALIZES 41.8% YEAR-OVER-YEAR GROWTH IN ARR IN
Q1
FY2021/22
    * ACHIEVING AN ANNUAL RECURRING REVENUE (ARR) OF DKK 46.5M
AT END
OF Q1 FY2021/22, CORRESPONDING TO AN INCREASE OF 41.8% COMPARED
TO Q1 FY2020/21
    * CHURN RATE OF 5.2 % IN Q1 FY2021/22 COMPARED TO 0.5 % IN
Q1
FY2020/21
    * UPLIFT IN EXISTING CUSTOMER BASE OF 3.2 % IN Q1 FY2021/22
COMPARED TO 1.0 % IN Q1 FY2020/21
    * MAINTAINS ARR GUIDANCE INCLUDED IN IPO PROSPECTUS OF DKK
59.5M
AT END OF FY 2021/22.

Source text for Eikon:  ID:nWkr7JwhS9 
Further company coverage:  SAMES.CO 

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