Brief: Sidetrade Posts Revenue Growth Up 20%

SideTrade SA

27/03/2024 16:55

March 27 (Reuters) - Sidetrade SA  ALBFR.PA :
    * REVENUE UP 20%, WITH SAAS SUBSCRIPTIONS UP 23% AT CONSTANT
EXCHANGE RATES
    * OPERATING PROFIT UP 58% TO EUR 5.8 MILLION VERSUS. EUR 3.7
MILLION IN 2022
    * OPERATING MARGIN UP SHARPLY TO 13% VERSUS. 10% IN 2022
    * NET PROFIT UP 67% TO EUR 5.6 MILLION VERSUS. EUR 3.4
MILLION IN
2022
    * OPERATING CASH FLOW GENERATION AT EUR 8.7 MILLION
    * 2023 ANNUAL RESULTS
    * THE DEPLOYMENT OF CREDITPOINT SOFTWARE’S SOLUTION WITHIN
THE
SINGLE VERSION OF SIDETRADE’S PLATFORM WILL BE COMPLETED BY
END-H1 2024
    * FOR 2024, SIDETRADE CONFIRMS REVENUE GROWTH IN DOUBLE
DIGITS

Further company coverage:  ALBFR.PA 

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