StatPro has said that 9M15 trading was in line with expectations. StatPro Revolution’s annualised recurring revenue grew to £7.2m over the quarter, from c £6.5m at 30 June 2015, and £4.3m (at constant currencies) at 30 September 2014. The Q3 performance is an improvement on Q314 and takes the SaaS revenue book to 25% of the recurring revenue total, which we estimate grew modestly on a currency adjusted basis to £28.8m. We are maintaining our forecasts, and, while
19 Oct 2015
SaaS at 25% of recurring revenue run rate
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SaaS at 25% of recurring revenue run rate
StatPro has said that 9M15 trading was in line with expectations. StatPro Revolution’s annualised recurring revenue grew to £7.2m over the quarter, from c £6.5m at 30 June 2015, and £4.3m (at constant currencies) at 30 September 2014. The Q3 performance is an improvement on Q314 and takes the SaaS revenue book to 25% of the recurring revenue total, which we estimate grew modestly on a currency adjusted basis to £28.8m. We are maintaining our forecasts, and, while