Proactis SA - Half Year revenue report Jul 2024 - Corrective statement
September 06 2024 - 11:05AM
UK Regulatory
Proactis SA - Half Year revenue report Jul 2024 - Corrective
statement
Proactis SA Announces Financial
Information for the
6 months ended 31 July 2024
Paris – August 30, 2024 –
Proactis SA (Euronext: PROAC), a leading provider of business spend
management and business process collaboration solutions, today
announced financial information for the 6 months ended 31 July
2024, in accordance with the “European Transparency Obligations
Directive” financial disclosure requirements.
Financial data
|
in € million |
|
|
6 months ended 31 January 2023
(H1 FY23) |
|
6 months ended 31 July 2024
(H1 FY25) |
|
% Change
FY25/ FY23(*) |
|
|
|
|
|
|
|
|
|
|
Consolidated Operational Revenue |
|
|
4.4 |
|
2.9 |
|
(35)% |
|
SaaS (**) |
|
|
3.3 |
|
2.6 |
|
(21)% |
|
Services |
|
|
1.1 |
|
0.3 |
|
(76)% |
|
|
|
|
|
|
|
|
|
|
Management fees |
|
|
2.1 |
|
1.4 |
|
(34)% |
|
|
|
|
|
|
|
|
|
|
Consolidated Revenue |
|
|
6.5 |
|
4.3 |
|
(34)% |
|
|
|
|
|
|
|
|
|
| (Non-Audited Figures) |
|
|
|
|
|
|
|
(*) Percentages
calculated on exact numbers, not the rounded numbers shown
(**) SaaS is a model of delivering technology where a software
solution is hosted (cloud computing) as a service for its
customers.
Clients do not buy the technology but pay a subscription fee to use
it. |
Subsequent to the previous fiscal year
year-end date change to align with the Proactis UK Group year-end
date change to 31 January, the fiscal year to consider is now 2025
to cover the period from February 1st 2024 to January, 31st 2025
(previous FY period was running from August 2022 until January 2024
- 18 months).
Turnover of the Group is below the level of the
prior period due principally to non-renewal of contracts in
specific non-core product areas, and contract value decreases. Most
of the customer churn were contracts which incorporated third party
software. The change to Service revenues reflects a large
implementation project in the FY23 comparative that has since been
completed.
The total consolidated revenue includes Group
Management fees related to transfer pricing agreements.
* * * *
About Proactis SA
(https://www.proactis.com/proactis-sa), a Proactis
Company
Proactis SA connects companies by providing
business spend management and collaborative business process
automation solutions for both goods and services, through The
Business Network. Our solutions integrate with any ERP or
procurement system, providing our customers with an easy-to-use
solution which drives adoption, compliance and savings.
Proactis SA has operations in France, Germany,
USA and Manila.
Listed in Compartment C on the Euronext Paris
Eurolist.
ISIN: FR0004052561, Euronext:
PROAC, Reuters: HBWO.LN,
Bloomberg: HBW.FP
Contacts
Tel: +33 (0)1 53 25 55 00
E-mail: investorContact@proactis.com
* * * *
- Proactis SA Half Year revenue report Jul 2024
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