Overview
France AI order-to-cash platform's Q1 revenue rose 21% at constant currency, subscriptions up 27%
New subscription bookings (ARR) jumped 60% yr/yr, total contract value up 135%
Growth driven by ezyCollect integration and strong demand for AI-native products
Outlook
Sidetrade did not provide specific guidance for future quarters or full-year 2026
Result Drivers
NEW SUBSCRIPTION BOOKINGS - 60% increase in new subscription annual recurring revenue (ARR) drove overall bookings growth
EZYCOLLECT INTEGRATION - Integration of ezyCollect by Sidetrade boosted subscription and overall revenue, especially in Asia Pacific and SMB market
Company press release: ID:nGNE8fvq8Y
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 16.80 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Sidetrade SA is €195.00, about 23% above its April 13 closing price of €158.60
The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 38 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)