Oneflow publishes its interim report for the first quarter of 2022:
Net sales increased 64% to MSEK 14.5 (8.8)
EBIT was MSEK -11.0 (-7.6), with an EBIT margin of -75.4% (-85.8)
Basic earnings per share amounted to SEK -0.64 (-0.42) and diluted to SEK -0.64 (-0.42)
Total ARR increased 73% to MSEK 65.7 (38.1)
Net New ARR increased 64% to MSEK 8.6 (5.3)
Started the process of opening three sales offices outside the Nordics
Share of Net sales outside Sweden increased to 22% (19) with paying users in 26 countries
On 8 April 2022 Oneflow successfully completed the largest First North listing (IPO) so far this year, raising a total value of MSEK 275 excluding any over-allotment
Anders Hamnes, CEO and Founder of Oneflow, comments:
“We continued our long track records of a new "Net New ARR" all-time-high for the first quarter, still faithful to our core value ‘beat yesterday’. Operations are running according to plan, and there is a huge enthusiasm in the company among colleagues. A proof of that is our eNPS (employee “happiness score”), which ended at 79 for the quarter. This is best-in-class, and way above the market average of 14… We were very pleased by the trust from the market resulting in the largest First North listing so far this year. Now, we are in a great position to bring our plans to life, and really gear up.”
www.oneflow.com