24SevenOffice Group AB (publ) adding two new customer contracts marks its strategic entry into the Canadian market. These two customers, Capsule Factory and another global food industry producer based in Canada, are following the first live Canadian customer in fourth quarter of 2023. The Canadian market will be completely run by the existing organization in the United States.

In the US and Canada it is 24SevenOffice´s MRP software module targeting the manufacturing industry which is the focus area and business vertical. Total ARR from the Canadian market is currently at 150,000 USD and is expected to grow forward. This expansion represents a new global milestone for 24SevenOffice, as it continues its trajectory of growth and global presence.

The acquisition of these contracts not only gives revenue boost, but also underscores the company's commitment to expanding its reach and serving clients in global markets. 24SevenOffice´s MRP software is a global product that does not need localization to each market and can be integrated with other accounting softwares in a global market. This highlights the extreme potential of 24SevenOffice for efficient and profitable international growth in a global manner.