Brief: Upsales Q4 Annual Recurring Revenue Down At SEK 140.4 Mln

Upsales Technology AB

02/01/2024 06:55

Jan 2 (Reuters) - Upsales Technology AB (publ)
 UPSALE.ST :
    * SAID ON MONDAY ANNUAL RECURRING REVENUE AMOUNTED TO SEK
140.4
MLN AT END OF Q4 2023, CORRESPONDING TO CHANGE OF -3.7% DURING
LAST 12 MONTHS
    * ARR CHANGED BY -0.8 MSEK DURING QUARTER
    * CEO SAID NET ARR GROWTH WAS NEGATIVE IN Q4 DUE TO GROSS
ARR
SALES BEING SLIGHTLY LOWER THAN CHURN

        
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