Full-year 2022 revenue: €258.7m up +21%, o/w +11% organic
Visiativ turned in a record Q4 2022 with consolidated revenue of €100.7m, up by a considerable +25%, of which +13% organic. For the first time, Visiativ broke the €100m barrier for quarterly sales.
For the entire FY 2022, consolidated revenue came out at €258.7m, up +21% compared with the previous year. At constant scope and exchange rates, growth reached +11%, marking another year of double-digit organic growth across all businesses (SOFTWARE +11% and CONSULTING +12%)
Recurring business (multi-year contracts, software maintenance and SaaS subscriptions) increased by 22% over the year (+12% at constant scope and exchange rates), accounting for 67% of the company’s revenue at the end of December. SaaS subscriptions gained considerable ground over the year: ARR (Annual Recurring Revenue) came in at €27.4m on 31 December 2022, up 37% (+23% organic).
As in previous years, 2022 was a year of upbeat international growth, with sales outside France up +59% over the year, o/w +29% organic. International business, which benefits from a higher level of profitability, now accounts for 36% of activity, compared with 27% one year prior.
The end of FY 2022 saw Visiativ confirm its targets and its CATALYST plan, with an EBITDA target of €30m in 2023.
