Pexip Holding ASA (PEXIP.OL) reported that its second quarter profit attributable to owners of the company climbed to 43.88 million Norwegian Kroner or 0.41 Kroner per share from 7.03 million Kroner or 0.50 Kroner per share last year.
Financial income was 11.39 million Kroner compared to expense of 0.996 million Kroner in the previous year.
Consolidated revenue amounted to 281.1 million Kroner up from 265.6 million Kroner last year. The increase was a result of the ARR increase over the last year, with some adverse effects mostly tied to deal timing which positively impacted the first quarter of 2025.
Pexip's near-term financial targets are to consistently deliver above 10% growth in annual recurring revenues and have an EBITDA margin above 20% with a high cash conversion.
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