(CercleFinance.com) – Sidetrade rose slightly on the Paris Stock Exchange on Wednesday after reporting the best year in our history in 2022, driven by unprecedented commercial momentum.
The action of the software publisher specializing in the recovery of funds, the management of disputes and the reduction of credit risk is currently progressing by 0.3% in a Parisian market down 0.4%.
In a press release, the specialist in artificial intelligence dedicated to securing and generating business cash flow, reports a record order intake last year, with a gain of 36%.
Its annual turnover rose by 13% to 36.8 million euros, a performance due to the strong growth of international business which represents, for the first time in its history, 54% of total turnover. 24% of which already come from North America.
Knowing that all of its contracts are indexed to inflation, Sidetrade believes that it has excellent price control (‘pricing power’) likely to protect its income from uncertainties and inflationary pressures.
Beyond the solidity of its fundamentals, the group thus puts forward ‘very favorable’ growth prospects.