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:
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