(AOF) – During the first quarter of the 2024 financial year, Esker’s consolidated turnover reached 47.7 million euros, recording growth of 12% on a reported basis and at constant exchange rates and scope. , compared to the same period of the previous financial year. Esker once again had the best quarter in its history. The main contribution to this performance comes from SaaS revenue which shows growth of 12% in published data and at constant exchange rates and scope.
This product line now represents 83% of the group’s total activity.
In addition, the annual recurring value (ARR) of new contracts signed during this first quarter grew by 37% at constant exchange rate, compared to the first quarter of 2023, reaching 5.95 million euros (i.e. 18.1 million euros over the total duration of the contracts). This performance is mainly driven by the United States, which posted a 73% increase in order intake over this quarter, confirming the momentum initiated at the end of 2023.
In a context where order intake for the first quarter of 2024 was exceptional, Esker is maintaining its revenue growth objective of 12 to 14% (excluding acquisitions and currency effects) for the entire 2024 financial year. At this level of activity, the operating margin will be between 12% and 13% of turnover.
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