Skip to main content

Formpipe fourth quarter and full year 2020 results

Written by Customer Service on . Posted in Public Companies.

PERIOD OCTOBER 1 – DECEMBER 31, 2020Net sales of SEK 103.4 m (SEK 103.1 m)Software revenues of SEK 76.1 m (SEK 69.2 m)Recurring revenues of SEK 67.2 m (SEK 59.0 m), 
which corresponds to 65 % (57 %) of net sales.EBITDA SEK 25.9 m; 25.1 % (SEK 28.4 m; 27.5 %)EBITDA-adj. SEK 14.1 m; 13.6 % (SEK 19.9 m; 19.4 %)EBIT SEK 12.7 m; 12.3 % (SEK 15.3 m; 14.9 %)Net profit SEK 12.0 m; 11.6 % (SEK 12.0 m; 11.7 %)EPS before dilution SEK 0.22 (SEK 0.23)Cash flow from operating activities SEK 49.6 m (SEK 48.1 m)   PERIOD JANUARY 1 – DECEMBER 31, 2020Net sales of SEK 403,1 m (SEK 393.8 m)Software revenues of SEK 286.1 m (SEK 261.1 m)Recurring revenues of SEK 253.5 m (SEK 229.7 m), 
which corresponds to 63 % (58 %) of net sales.EBITDA SEK 104.3 m; 25.9 % (SEK 100.7 m; 25.6 %)EBITDA-adj. SEK 64.1 m; 15.9 % (SEK 64.4 m; 16.4 %)EBIT SEK 53.3 m; 13.2 % (SEK 47.5 m; 12.1 %)Net profit SEK 41.4 m; 10.3 % (SEK 35.0 m; 8.9 %)EPS before dilution SEK 0.78 (SEK 0.66)Cash flow from operating activities SEK 115.0 m (SEK 63.7 m)The board proposes a dividend of SEK 0,66 per share (SEK 0,60)  For the full report, see attached PDF.   For additional information, contact:Christian Sundin, President and CEO of Formpipe, +46 705 67 73 85__________________________________________________________________________________________________________________This is a translation of the original Swedish version. In the event of any discrepancies between the two versions, the original Swedish version shall take precedence.This information is inside information that Formpipe Software AB (publ) is obliged make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, at 08.45 February 16, 2021.Formpipe builds valuable relationships between data and people. Driven by our core values, since 2004 we have developed premium software that provides you with the right information, in the right context, at the right time. Every time. We help over 5,500 clients worldwide to digitize and automate business processes.Together with our customers and partners, we co-create a digital society where people thrive. We have offices in Sweden, Denmark, United Kingdom, USA and Germany. Formpipe Software is a publicly listed company on Nasdaq Stockholm.AttachmentFormpipe Fourth quarter and full year 2020 results Jan-Dec 2020

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.