Brief: Wallix Group FY Consolidated Turnover Up At 23.2 Million Euros

Wallix SA

10/02/2022 17:33

Feb 10 (Reuters) - Wallix Group SA  ALLIX.PA :
    * REVENUES FOR 2021 UP 15% STRONG INTERNATIONAL GROWTH
    * CONSOLIDATED TURNOVER EUR 23.2 MLN VS EUR 20.07 MLN YEAR
AGO
    * INTERNATIONAL SALES REACHED €9.2 MILLION, REPRESENTING 35%
GROWTH OVER THE YEAR, AND REPRESENTS 40% OF THE GROUP'S ACTIVITY
    * EUR 11.1 MILLION IN RECURRING REVENUES GENERATED OVER
2021, I.E.
48% OF TURNOVER, WITH IN PARTICULAR A DOUBLING OF SUBSCRIPTION
VOLUME
    * SAYS IT HAS A PARTICULARLY BUOYANT MARKET CONTEXT TODAY,
WITH
AVERAGE ANNUAL GROWTH OF 21% TO REACH 3.1 BILLION DOLLARS IN
2025
    * EXPECTS TO DELIVER, IN THE SECOND H2 AN IMPROVED OPERATING
RESULT COMPARED TO H2 2020
    * HOWEVER WITH THE SHIFT IN REVENUES AT THE END OF THE YEAR,
THE
GROUP BELIEVES IT WILL NOT BE ABLE TO REACH OPERATING BREAKEVEN
OVER THE PERIOD

Source text for Eikon:  ID:nACT73204 
Further company coverage:  ALLIX.PA 

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