From Wall Street – Pexip – FY2021-Q3

Current Highlights

For the quarter ending September 30, 2021:

  • Quarterly revenue of 183 MNOK (~ US $21M), up 3% QoQ and 34% YoY
  • Booked annual recurring revenue (ARR) of US $100M, up 8% QoQ and 37% YoY
  • ARR breakdowns:
    • By Region: 56% EMEA, 35% Americas, 9% APAC
    • By Product: 57% Self-Hosted Software, 43% Pexip as a Service
  • EBITDA of -41 MNOK, down from -24 MNOK a year ago

Notes

  • Pexip made its debut on the Oslo Stock Exchange on May 14, 2020.
  • MNOK = millions of Norwegian Kroner
  • NOK to USD conversions are based on currency exchange rate on the last day of the quarter.
  • The calculations within this study are subject to rounding errors and dependent on the precision of the information provided by the vendor.
  • ARR = Annual Recurring Revenue