Financial Announcement | Q4 2022 Results
Performance above budget
Organic Growth: +29.5% (i)
EBITDA Margin: 13.2%
(i) +26.4% at constant exchange rates.
ANALYSIS
The revenue for the fourth quarter of 2022 amounts to €72.3m in consolidated terms.
For the quarter, the EBITDA margin amounts to 13.2%, above our standard profitability of 12%. The 2021 profitability of 15% was achieved by the software part (Sword GRC), while the profitability of the services part was 12.3%.
Organic growth for the quarter amounts to +29.5% and +26.4% at constant exchange rates.
All of our businesses outperformed and we benefit from being positioned in growth markets, where investment in digital is crucial.
