Robust bookings despite a challenging macroeconomic environment €2.77 million in Annual Contract Value (ACV) in Q1 2025 Including €1.28 million in new SaaS bookings (ARR)And €1.49 million in Services bookings Solid revenue growth of +22%, driven by a +26% increase in SaaS subscriptions, reflecting strong recurring revenue momentum Double-digit sales growth confirmed for 2025, despite ongoing market uncertainty Sidetrade, the global leader in AI-powered Order-to-Cash applications, today announces €2.77 million in bookings for the first quarter of 2025, along with revenue growth of +22%, including a +26% increase in SaaS subscriptions.
Solid revenue growth of +22%, driven by a +26% increase in SaaS subscriptions, reflecting strong recurring revenue momentum Sidetrade (€m) Q1 2025 Q1 2024 Change SaaS Subscriptions 12.1 (1) 9.6 +26% Revenue 14.3 (2) 11.8 +22% All the 2025 information in this financial release is from consolidated, unaudited data.(1) includes €1.35 million in recurring revenue from SHS Viveon(2) includes €1.90 million in total revenue from SHS Viveon Sidetrade recorded a very strong start to fiscal year 2025, posting revenue of €14.3 million for the first quarter, representing year-over-year growth of +22%.
Regarding Q1 revenue, our record bookings in 2024, combined with a revenue recurrence rate exceeding 90% and the contribution from SHS Viveon, has enabled us to achieve a strong growth of +22%, continuing the momentum from our standout 2024 performance.” €2.77 million in Annual Contract Value (ACV) in Q1 2025In the first quarter of 2025, Sidetrade delivered a solid performance, recording €2.77 million in Annual Contract Value (ACV) from new signed contracts, compared to €3.98 million in Q1 2024.
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