Bambuser Studies Strong ARR Development whereas Seeing Important Enhancements in Profitability and Money Movement in This autumn 2022

STOCKHOLM, SE / ACCESSWIRE / February 10, 2023 / Bambuser AB (STO:BUSER) (FRA:5JL) Bambuser studies one other strong quarter, closing 2022 with ARR of SEK 149.1 million, representing 12 months over 12 months development of 56.7% at fixed alternate charges (“CER”). The money steadiness closed at SEK 378.5 million, ample to take Bambuser to optimistic money move.

The Adjusted EBITDA margin improved by 13percentp. quarter over quarter following initiatives to trim the associated fee base and make the enterprise extra environment friendly. Consequently, the Free Money Movement margin additionally improved by 55percentp. quarter over quarter.

Bambuser signed a number of new contracts with enterprise prospects throughout all markets within the quarter, together with Guerlain, Amway, and Oriflame. The Firm additional renewed and expanded a number of contracts, together with Tommy Hilfiger, Parfume Christian Dior, Yoox Web-a-Porter, and Farfetch.

This autumn 2022 Key highlights

• Continued strong ARR development whereas seeing important enhancements to profitability and money move.
• ARR of SEK 149.1 million, +56.7% y/y at fixed alternate charges (“CER”) pushed by continued sturdy momentum within the Americas.
• Web Gross sales of SEK 59.3 million (53.0) with SaaS income development of +41% y/y.
• Adjusted EBITDA of SEK -26.7 million (-25.0), representing a -41% margin and a 13percentp. margin enchancment vs. Q3 2022.
• Free Money Movement of SEK -21.6 million (-25.9), representing a -36% FCF margin and a 55percentp. margin enchancment vs. Q3 2022.
• Finish of quarter Money Steadiness of SEK 378.5 million (542.4), which is ample to take Bambuser to optimistic money move.
• Bambuser One-to-Many Cartridge for B2C Commerce launched on Salesforce AppExchange.

The total This autumn 2022 report is revealed at https://ir.bambuser.com/report-archive

About Bambuser
Bambuser is the world’s main Video Commerce firm with the most important buyer base in its {industry}. Greater than 350 manufacturers from 40+ nations leverage Bambuser’s best-in-class options.
Bambuser is really international with headquarters in Stockholm and workplaces in New York, London, Paris, Tokyo and Turku. Our quickly rising group speaks greater than 30 languages and 62% of our senior administration is feminine.
Based in 2007 as a livestreaming pioneer, Bambuser pivoted to Reside Purchasing in 2019, leveraging our legacy as industry-leaders in video-first know-how.

Contact info
Company Communications, Bambuser AB
+46 8 400 160 00 | [email protected]

Licensed Adviser
Erik Penser Financial institution AB

This info is info that Bambuser AB is obliged to make public pursuant to the EU Market Abuse Regulation. The knowledge was submitted for publication, by way of the company of the contact individuals set out above, at 2023-02-10 08:00 CET.

Attachments

Bambuser Yr-end Report 2022

SOURCE: Bambuser AB

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