Dynamic business trends in H1 2022: revenue up +20%
Visiativ reported a sound first-half performance in 2022, generating consolidated revenue of €110.1m, representing strong growth of +20% compared with H1 2021. Organic growth came to 13%.
All business divisions reported double-digit growth in the first half. The SOFTWARE business, which includes all software sales, reported revenue of €66.8m, up 15% in organic terms. The CONSULTING business, which includes all services provided, posted total revenue of €43.4m, up 11% in organic terms.
Recurring revenue (subscriptions, maintenance and recurring services), which represents 66% of revenue, was up +25% in H1 2022 (+18% at constant scope).
Growth trends were particularly strong internationally in H1, with business up +55% over the period (+32% at constant scope) and international business now accounts for more than one-third of Visiativ’s total revenue (34%).
Visiativ confirmed its EBITDA guidance of €30m for 2023.