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Sopheon announces financial results for 2022

Sopheon is pleased to announce its results for the year ended 31 December 2022, together with an outlook for the current year.

Andy Michuda, the Chairman, commented: “Sopheon delivered solid growth with record ARR last year, and acquisitions and new products tripled our multi-billion-dollar addressable market. Our ambition is for Sopheon to double run-rate revenue every three to four years, with world class margin and retention metrics. This will require a contribution from acquisitions, on top of accelerated organic growth. We start 2023 with a strong foundation of ARR, a stable of new products, and a growing sales pipeline. I look ahead with both excitement and confidence, anticipating continued delivery this year alongside rising velocity in our business.”

Results Statement for the Year Ended 31 December 2022:
 
Click here to read the full release.

Click here to read the annual report.

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