Axway Software: 2021 Full-Year Results
Axway Press Releases
Paris – February 22, 2022 – Axway Software's Board of Directors, chaired by Pierre Pasquier, today conducted an in-depth review of the consolidated and annual financial statements for the year ended December 31, 2021. Axway announces the following results for 2021:
- 2021 Full-year revenue of €285.5m, an organic decline of 2.7%, in line with the announcement of January 19, 2022
- Dynamic Subscription activity, with organic growth of 18.9% over the year
- Recurring revenue representing 82% of total revenue and 93% of product revenue
- Margin on operating activities up 110 basis points year-on-year to 11.5% of revenue, or €32.9m