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Sidetrade S.A. — Earnings Release 2016
May 10, 2016
1662_10-q_2016-05-10_ae265b95-3657-4f28-8817-b2541d3d0171.pdf
Earnings Release
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Q1 2016 REVENUE
Sidetrade is an SaaS publisher, specialised in 'Business-to-Cash' cycle prediction with the goal of freeing up cash flow.
Double-digit revenue growth: +14%
Success of the Cloud: 12 million invoices processed (+20%)
VERY STRONG Q1 2016: REVENUE UP 14%
| Revenue* (in € millions) Sidetrade Group |
2016 | 2015 | Change |
|---|---|---|---|
| Q1 Revenue | 4.3 | 3.8 | +14% |
* The 2016 data is consolidated and unaudited.
In Q1 2016, Sidetrade Group generated consolidated revenue of €4.3 million, representing year-on-year growth of 14%. Sidetrade Group posted very strong organic growth over the opening three months of the year.
Success of the Cloud: 12 million invoices processed (+20%)
The Sidetrade Cloud continues to achieve very strong growth with volumes accelerating. Over 12 million invoices were processed via the Sidetrade platform over the first three months of 2016, a 20% increase.
DIARY
Annual General Meeting: 23 June 2016, Headquarters (11:00 am - 12:30pm) H1 2016 Revenue: 21 July 2016 (after Stock Market close)
CONTACT SIDETRADE
Christelle Dhrif - T: +33 (0)1 46 84 14 13 - [email protected] In case of a discrepancy between the French and English versions of this press release, only the French version should be deemed valid.
ABOUT SIDETRADE (www.sidetrade.com)
A listed software publisher (Euronext, FR0010202606, ALBFR.PA), Sidetrade supplies companies with predictive analytics for managing the 'Business-to-Cash' cycle. Its market-leading Cloud technology, complementary to ERPs, provides Finance Departments with a management console, offering visibility of the customer relationship and control and forecasting of financial flows. With customers of all sizes and from all sectors in 65 countries, the Group enables 100,000 users to collaborate via its Cloud and accelerate cash-flow generation.