Generix Group - Third Quarter Revenue 2020 / 2021

+2,4% at constant exchange rates - Seite 2

During this quarter, at the heart of the second wave of Covid-19 and the associated government restrictions (lockdown, curfew), Generix Group's activity amounted to €20.7 million, almost stable compared to the same period last year and up 8.1% compared to Q2 2020/2021. Quarter after quarter, Generix Group illustrates the resilience of its model and confirms the trajectory of a return to normative growth levels. At constant exchange rates, quarterly revenues amounted to €21.3 million, up 2.4% compared with the same quarter last year.

This quarter also marks the return to revenue growth in SaaS activities, which grew by +3% at current exchange rates, thanks to a significant improvement in overconsumption compared with previous quarters.

Over 9 months, Group revenues were €58.8 million (-3%) at current exchange rates, and €60 million, a slight decrease of 1% at constant exchange rates.

Q3 new SaaS contracts: €1,35 million (+35%)

	Quarter ended December 31		Var. Q3 2020 vs Q3 2019	9 months ended December 31		Var. 2020 vs 2019
Unaudited (K€)	2020	2019		2020	2019
New SaaS contract signing (ACV*)	1 349	1 002	35%	2 530	2 361	7%

*New contracts signed expressed in ACV (Annual Contract Value), emphasize the average annual complementary revenue to be generated after implementing the contracts in question.

In addition to the resumption of growth in the SaaS business, the past quarter was also marked by a return to a sustained pace of new SaaS contract signatures, with strong growth of 35% over the quarter. This commercial dynamic has largely offset the temporary drop in signatures in the first half year: overall, SaaS signatures are up 7% over 9 months.

Among these new signatures, it should be noted:

- A migration contract for a major player in specialized retail, which has chosen to switch the management of its warehouses and transport from a perpetual license model (On Premise) to a SaaS model;

- A contract with a new customer on the Iberian Peninsula, a banking player that has chosen the Generix Supply Chain Hub platform to manage its exchange flows and the dematerialization of its invoices. 

These contracts confirm Generix Group's ability to respond to strategic customer needs and win the trust of major players.

Confirmation of financial objectives for the fiscal period