Leader in the wealth and tax simulation software market, announces a sharp increase in turnover in the 3rd quarter (+ 10,2 %). Over the first 9 months, sales amounted to € 15,4m, in progression of + 4,8 %
The third quarter confirms the trends anticipated since the start of the year.
As indicated in previous press releases, after a rather timid 1st quarter, demand picked up from the end of March, materialized by good dynamism in calls for tenders and customer requests.
This recovery is thus reflected in the increase in turnover since the end of the 2nd quarter.
Le SaaS confirms its ramp-up, with an increase of + 12,9 %, and now represents nearly 19% of income of the group.
The recurrence of the activity is further reinforced, with revenues of maintenance as well as SaaS who contribute for more than 73% of turnover.
The group's economic model thus remains resolutely a publisher model, with more than 85% of income from activity software packages (licenses, maintenance and SaaS).
PROSPECTS AND ACHIEVEMENTS
The turnover for this 3rd quarter confirms the group's outlook for the 2014 financial year, which should record a level of growth making it possible to maintain or even improve profitability.
Financial calendar
> February 19, 2015 - 2014 annual turnover
> March 5, 2015 - Annual accounts 2014