Safeture wins significant contract

Safeture AB in Lund, Sweden, has signed a three-year agreement with one of the world’s largest insurance companies. Safeture will be part of their premium offering and replace today’s solution. The three-year deal is worth more than one million euros. It is one of the most significant single orders in Safeture’s history.

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Interim Report Safeture AB Q3 2023

The third quarter was a typical “summer quarter”. The number of opportunities was promising but didn’t materialize to the extent we wanted, bringing the Annual Recurring Revenue (ARR) to 50,3 MSEK, an increase of +26% year-on-year. Due to a higher order intake in Q2, sales increased by 35% from Q3 last year, reaching 12,4 MSEK. The Net Revenue Retention (NRR) was 113%, of which quarterly churn was a mere 0,5 %. A very healthy number.

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Jessica Eberhagen ny CFO på Safeture 

SaaS-bolaget Safeture AB i Lund, har anställt Jessica Eberhagen som ny CFO, med tillträde den 1 januari. Jessica Eberhagen kommer att ansvara för strategisk finansiell planering, leda den dagliga verksamheten inom finansområdet och vara en viktig medlem i ledningsgruppen.

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Jessica Eberhagen new CFO at Safeture

Safeture AB, a SaaS (Software as a Service) company in Lund, Sweden, today announced the appointment of Jessica Eberhagen as the new CFO, effective January 1st. Jessica Eberhagen will have responsibility for strategic financial planning, leading day-to-day operations within the areas of finance, and will be a key member of the executive team.

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Andreas Granath ny CRO på Safeture

SaaS-bolaget (Software as a service) Safeture AB i Lund har anställt Andreas Granath som ny CRO (chief revenue officer) på företaget. Granath kommer närmast från en roll som Director Customer Success Nordic på Qlik.

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Andreas Granath new CRO at Safeture  

Safeture AB, a SaaS (Software as a Service) company in Lund, Sweden has hired Andreas Granath as the new CRO (chief revenue officer) at the company. Granath comes from a role as Director Customer Success Nordic at Qlik.

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Interim Report Safeture AB Q2 2023

The second quarter was strong. The annual recurring revenue (ARR) increased 30 % in the quarter compared to last year, bringing the total just short of 50 MSEK ARR. During Q2, we achieved a significant boost in sales and improved our gross margins, all while maintaining a strict expense control. As a result, we see substantial improvements in our bottom line. A quarterly loss of -4.3 MSEK (-48%) one year ago, has been reduced to a loss of -1.6 MSEK (-14%) this year.

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Safeture’s security solution becomes standard for a global company

Safeture’s partner Falck Global Assistance has signed an agreement with a European leader in engineering, design, and advisory services, on a security solution that gives the company’s 19 000 employees access to Safeture’s platform. The order value was approximately SEK 3 million for Safeture during the three-year contract period.

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NOTICE OF ANNUAL GENERAL MEETING IN SAFETURE 2023

The shareholders of Safeture AB (publ) reg. no. 556776-4674 (the “Company”) are hereby summoned to attend the Annual General Meeting (the “AGM”) on 25 May 2023 at 10.00 CEST at the Company’s premises, Kung Oskars väg 11C in Lund. Registration starts at 09.30 CEST.

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Kallelse till årsstämma i Safeture 2023

Aktieägarna i Safeture AB (publ), org.nr 556776-4674, (”Bolaget”) kallas härmed till årsstämma den 25 maj 2023 kl. 10.00 i Safetures lokaler, Kung Oskars väg 11C i Lund. Rösträttsregistrering startar kl. 09.30.

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Continued improved profitability

Safeture started the year by delivering in line with our financial targets. As we have communicated earlier, Safeture aim to have an average sales increase of 30% year-on-year, continuously improved gross margins until we reach +80% and become profitable at an ARR of 65 MSEK. For Q1, sales are up 31 %, annual recurring revenue (ARR) is up 27 %, the gross margin improved from 73% last quarter to 75% in Q1. The steady path to profitability is clearly indicated in the Q1 result, with an improved EBIT margin of -23% compared to -57% one year ago.

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Safeture AB årsrapport 2022 publicerad

2022 var ett omvälvande år, med händelser i vår omvärld som återigen satte fokus på behovet av lösningar som underlättar för verksamheter att vara ansvarsfulla arbetsgivare och skapa trygghet för medarbetarnas i deras vardag. För mig som VD för Safeture blev det ännu tydligare vilken potential vår plattform har.

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Lago Kapital as liquidity provider

Safeture AB (“Safeture” or “Company”) has entered into a Liquidity Providing (LP) agreement with Lago Kapital Ltd. In connection with the agreement for liquidity providing, Agartha AB has agreed to lend 45,000 shares to Lago.

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Interim Report Safeture Q4 2022

Safeture continues to deliver new sales above our targets also for the fourth quarter and thus for all quarters of 2022. Sales amounted to 10 MSEK. With 41 MSEK of Annual Recurring Revenue (ARR). However, as already highlighted in the report, the numbers are affected by a one-time write-off related to a US-based customer, negatively affecting the ARR growth year-on-year with 6%. But let me come back to that.

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