Correction: Generix Group - Second Quarter Revenue 2021/2022: +5% of growth
28 October 2021 - 03:08AM
Correction: Generix Group - Second Quarter Revenue 2021/2022: +5%
of growth
PRESS RELEASE
Paris, October 27, 2021
Strong first half growth, with revenues
above 2019-2020 levels
Generix Group, Industrial, Logistics and
Retail Ecosystems provider with leading Collaborative SaaS
Solutions, issued today its revenues for
the second quarter
of its
2021/2022
fiscal year.
Q2
Revenue
2021/2022:
+5%
|
Quarter ended September 30 |
Change |
6 months ended September 30 |
Change |
Unaudited (K€) |
2021 |
2020 |
2021 |
2020 |
SaaS |
8 475 |
7 780 |
9% |
16 661 |
15 696 |
6% |
Maintenance |
4 577 |
4 510 |
1% |
9 223 |
8 977 |
3% |
Licenses |
1 365 |
1 339 |
2% |
2 542 |
1 861 |
37% |
Software revenues |
14 417 |
13 629 |
6% |
28 426 |
26 534 |
7% |
Consulting Services |
5 815 |
5 558 |
5% |
13 049 |
11 566 |
13% |
Revenues |
20 232 |
19 187 |
5% |
41 475 |
38 100 |
9% |
Over the past quarter, the Group's revenues
amounted to €20.2 million, up +5% compared to Q1 2020-2021 and +2%
compared to 2019-2020 (€19.8 million).
This performance is mainly driven by the
international business and the SaaS business, in line with the
Group's development strategy.
During the quarter, double-digit growth was
achieved in Russia (+33%), Spain (+26%), Portugal (+21%) and Italy
(+18%). In North America, a key region for the Group, Generix Group
has signed a new customer, a major player in the construction
products industry in the United States and Canada, for €0.5M worth
of licenses.
Over 6 months, revenues came to €41.5m, up 9%
compared to H1 2020-2021 and 4% compared to the pre-sanitary crisis
level (€39.9m in H1 2019-2020). The level of activity achieved in
H1 illustrates the Group's commercial momentum in the markets in
which it operates (supply chain and digitalization).
Q2 New SaaS
signatures:
0,7
M€
|
Quarter ended September 30 |
Var. Q2 2021 vs Q2 2020 |
6 months ended September 30 |
Var. 2021 vs 2020 |
Unaudited (K€) |
2021 |
2020 |
2021 |
2020 |
New SaaS contract signing (ACV*) |
673 |
648 |
4% |
2 337 |
1 181 |
98% |
*New contracts signed expressed in ACV (Annual
Contract Value), emphasize the average annual complementary revenue
to be generated after implementing the contracts in question.
After a record first quarter (€1.7 million, i.e.
+212% vs. Q1 N-1 and +144% vs. Q1 N-2), new SaaS contracts amounted
to €0.7 million in Q2, up 4% vs. Q2 N-1 and stable vs. Q2 N-2, as
the summer period is historically less conducive to investment
decisions by clients and prospects.
Over 6 months, new SaaS signatures amounted to
€2.3m, up 98% compared to H1 2020-2021 and 72% compared to the
2019-2020 level (€1.4m). This performance validates Generix Group's
positioning at the heart of customer satisfaction, with solutions
that meet the new challenges arising from the crisis.
Confirmation of objectives for fiscal
year
2021/2022
The past half-year has enabled Generix Group to
confirm its objectives of continuing the momentum of SaaS
signatures and maintaining investments in R&D and Sales &
Marketing, particularly in North America. The Group reiterates its
objectives for fiscal 2021/2022: double-digit growth and stable
EBITDA margin.
Supplemental
and non-IFRS Financial Information
Supplemental non-IFRS
information (above-mentioned as EBITDA) presented in this press
release is subject to inherent limitations. It is not based on any
comprehensive set of accounting rules or principles and should not
be considered as a substitute for IFRS measurements. Also, the
Company’s supplemental non-IFRS financial information may not be
comparable to similarly titled non-IFRS measures used by other
companies.
Next financial press release: December 8th ,
2021 after the market closes
Results of the first half of the fiscal year
2021/2022
About Generix Group
Generix Group is a
Collaborative Supply Chain expert present in 60 countries, thanks
to its subsidiaries and network of partners. More than 6,000
companies around the world use its SaaS solutions. The group’s 750
employees provide daily support for such customers as Carrefour,
Danone, FM Logistic, Fnac-Darty, Essilor, Ferrero and Geodis in the
digital transformation of their Supply Chain.
Its collaborative platform, Generix
Supply Chain Hub, helps companies to keep the promises
they make to their customers. It combines the capabilities to
execute physical flows, digitalize information flows, manage
collaborative processes and connect companies to all their
partners, in real time.
Generix Supply Chain Hub is
aimed at all players in the Supply Chain: manufacturers, third- and
fourth-party logistics providers (3PL/4PL) and retailers.
www.generixgroup.com
Founded in France in 1990, the company is listed on
the Eurolist market of Euronext Paris, compartment C (ISIN:
FR0010501692). To learn more: www.generixgroup.com
- EXT-EN-FINA-PR-Q2-2021-2022
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