The fourth quarter marked a significant milestone for Safeture, as it was the strongest sales quarter ever. In Q4, our total order value reached 14,7 MSEK, driven in part by one-off revenues and startup fees associated with new business sales. When summarizing, we achieved an impressive year-over-year growth of 37%. By the end of the year, we concluded an ARR (Annual Recurring Revenue) of 53.5 MSEK.
Since last year, it has become significantly more dangerous to travel to several places in the world. The ongoing conflict in the Middle East means the risk level is critical. At the same time, countries such as Australia, Finland, Barbados and Sudan have become safer.
Safeture (publ) is pleased to announce a new partnership agreement with Castor Vali Group. This collaboration will strengthen its partners’ client services with the highest possible information security and world-leading technology.
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.
Safeture AB has signed an enlarged partnership agreement with The Inkerman Group, a well-respected provider of risk and intelligence services all over the world.
Through the agreement, Inkerman is now one of Safetures Gold partners.
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.
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.
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.