Generix Group - Second Quarter Revenue 2020 / 2021

FINANCIAL PRESS RELEASE

Paris, 26 october, 2020

Revenue for Q2 2020/2021: €19.2 M (-3 %)

Generix Group, Industrial, Logistics and Retail Ecosystems provider with leading Collaborative SaaS Solutions, issued today its revenues for the second quarter of its 2020/2021 fiscal year.

Resilient business model limits crisis impact

Q2 Revenue 2020/2021: €19.2 million (-3%)

	Quarter ended September 30		Change	6 months ended September 30		Change
Unaudited (K€)	2020	2019		2020	2019
SaaS	7 780	8 076	-4%	15 696	16 253	-3%
Maintenance	4 510	4 888	-8%	8 977	9 667	-7%
Licenses	1 339	1 029	30%	1 861	1 729	8%
Software revenues	13 629	13 993	-3%	26 534	27 649	-4%
Consulting Services	5 558	5 816	-4%	11 566	12 211	-5%
Revenues	19 187	19 809	-3%	38 100	39 860	-4%

*Reclassification of €242 K for the second quarter and €482 K for the first half-year as Consulting and Services revenue, concerning services previously accounted for as Maintenance revenue. After reprocessing this reclassification, Maintenance revenue showed a slight drop (-3% for Q2 and -2% for H1), primarily as a result of the temporary suspension of contracts during the lockdown period. Consulting and Services revenue, which is by nature more vulnerable in the current context, dropped 9% over Q2 and H1.

The second quarter unfolded in a continuously demanding economic and health climate. However, our customers’ confidence in our ability to support them over the long term has allowed the Group to record turnover of €19.2 M, with a decrease limited to 3%. 

SaaS activities, which were slightly down, showed a drop in customary over-consumption. Contractual commitments have remained at their normal level.

License sales have grown by 30%. They were driven by a dynamic North American market, where licenses are the norm, with a threefold increase in signatures as compared to the same quarter of the previous fiscal year.