FINANCIAL PRESS RELEASE
Paris, France, May 2, 2018
2017/2018 Revenue: +12%
Generix Group, Industrial, Logistics and Retail Ecosystems provider with leading Collaborative Software Solutions, issued today its revenue for its financial year 2017/2018.
Revenue 2017/2018: +12%
| Quarter ended | Change | 12 months ended March 31 | Change | |||
| Unaudited (K€) | 2018 | 2017 | 2018 | 2017 | ||
| Licenses | 6,173 | 5,565 | 11% | 23,768 | 21,553 | 10% |
| Maintenance | 4,610 | 4,320 | 7% | 18,803 | 17,551 | 7% |
| SaaS | 1,161 | 1,480 | -22% | 4,678 | 4,638 | 1% |
| Software revenues | 11,944 | 11,365 | 5% | 47,248 | 43,742 | 8% |
| Consulting Services | 6,179 | 6,092 | 1% | 23,046 | 19,261 | 20% |
| Revenues | 18,123 | 17,457 | 4% | 70,294 | 63,003 | 12% |
With €18.1 million in revenue, the group recorded 4% organic growth over the past quarter driven mainly by 11% growth in the SaaS business.
Group revenue for the fiscal year was €70.3 million, corresponding to 12% growth, 7% of which was organic.
New SaaS signings 2017/2018: €4.4 million
| Quarter ended March 31 | Var. Q4 2018 vs Q4 2017 | 12 months ended March 31 | Var. 2018 vs 2017 | |||
| Unaudited (K€) | 2018 | 2017 | 2018 | 2017 | ||
| New SaaS contract signing (ACV*) | 1,204 | 1,705 | -29% | 4,350 | 4,416 | -1% |
*New contracts expressed in ACV (Annual Contract Value), which emphasizes the average annual complementary revenue to be generated after implementing the contracts in question.
The Group registered a total of €1.2 million over the last quarter in new contracts, expressed in Annual Contract Value, allowing us to reach €4.4 million in full year, stable compared with the previous fiscal year. The annual signatures allowed us to generate a growth in CMRR* of over 18%.
The Group again welcomes the steadfast loyalty of its customers backed by its "Building Trust" program that has allowed the Group to reach is best ever historical attrition level, one that is consistently very weak in terms of the market values.
The quarter was especially marked by the signing of two contracts from the TM (Transport Management) range of the Generix Supply Chain HUB platform:
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One with a Spanish food industry group, a European leader in their market, and
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The other with an international group based in France and specializing in the production, transformation and distribution of materials.
Investments / Cashflow
During the past quarter, the Group raised its stake in its Generix Group North America subsidiary (formerly Sologlobe Logistiques Inc) to 70%, paid for by taking out a medium-term loan of €1.5 million.
Prospects
The performance observed during the fourth quarter allows us to confirm the prospects for a significand increase in Group Ebitda over the past fiscal year.