LiveChat Software S A : increased revenue by 53% and net profit by 60.4% in the third quarter of the financial year
April 03, 2023 at 11:36 am EDT
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03.04.2023
LiveChat Software increased revenue by 53% and net profit by 60.4% in the third quarter of the financial year
According to preliminary estimates, LiveChat Software Group's revenue in the fourth quarter of the financial year 2022/23 (January - March 2023) amounted to USD 20.02 million. This represents an increase of 37% year-on-year.
In the previous three months, the Group generated revenues of USD 18.91 million.
The LiveChat Software Group's Monthly Recurring Revenue (MRR) from all of its products at the end of March 2023, was USD 6.4 million. This represents an increase of 0.8% from the end of December 2022 and an increase of 37.9% year-on-year.
The presented data are estimates and preliminary. Therefore, they may ultimately differ from those shown in the periodic report. Because the Group generates the vast majority of revenues in the US dollar (USD), the USD / PLN exchange rate has a significant impact on the results presented in the periodic reports.
LiveChat Software SA published this content on 03 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 April 2023 15:35:01 UTC.
Text SA, formerly known as Livechat Software SA is a Poland-based company engaged in the software industry. The Company is a producer and global provider of software as a service (SaaS) LiveChat, communication software for business. It enables fast and intuitive communication between company's employees and customers visiting corporate Website. The application also tracks customersâ activity on a Website. The Company produces and distributes software for business-to-consumer (B2C) and business-to-business (B2B) communication. Its product portfolio includes three types of LiveChat plans: Solo, dedicated to single user and offering such features as unlimited chats, ticketing system, enhanced security and basic reporting; Team, for numerous teams that additionally includes chat routing and groups creation; and Enterprise, for companies that, additionally to previous ones, provides advanced reporting, work scheduler and unlimited visits on a Website.