Axway Software: Continued Strong Revenue Performance in H1 2023
Axway Press Releases
Paris, July 26, 2023 - Axway Software's Board of Directors, chaired by Pierre Pasquier, today approved the financial statements for the first half of 2023, which were subject to a limited review by the statutory auditors. As a consequence, Axway’s management announces:
- First-half revenue growth up 11.0% organically and 6.6% overall
- Q2 revenue up 11.7% organically and 5.9% overall
- Annual Recurrent Revenue (ARR) of €203.1m, up 11.2% organically on end-June 2022
- First-half profit on operating activities of 12.2% on track for full-year targets
- Improved free cash flow totaling €16.5m compared to €8.2m in H1 2022