Planisware Reports Strong Q1 2025 Revenue Growth and Goals
Strong Q1 2025 Revenue Growth for Planisware
Q1 2025 revenue: € 47.5 million; +16.0%
Planisware has proudly announced its revenue results for the first quarter of 2025, reporting an impressive revenue of €47.5 million, marking a growth of +16.0% compared to previous periods. In constant currencies, the growth stands at +14.3%, demonstrating that Planisware is effectively on track to meet its annual goals.
Overview of Financial Performance
The growth trajectory is strongly supported by a robust performance of the Group’s market-leading SaaS platform. Specifically, total recurring revenue reached €43.9 million, accounting for 92% of total revenue, showcasing a notable increase of +16.2% in constant currencies. This robust performance indicates a significant demand for Planisware’s advanced project management solutions, which emphasizes visibility and agility for businesses in the rapidly evolving Project Economy market.
CEO Commentary on Market Dynamics
Loïc Sautour, CEO of Planisware, stated that, "Although external conditions have led to some delays in the decision-making processes among clients, we’re maintaining strong relationships with our existing customers and forging new connections to bolster revenue growth." He emphasized that the current economic climate is cultivating an increased need for strategic project management solutions as clients navigate a landscape filled with uncertainties.
Revenue Streams Analysis
A closer look at revenue streams shows significant contributions from various segments. The SaaS & Hosting segment, for example, experienced a sharp increase of +20.4% year-over-year. This surge reflects Planisware’s success in acquiring new clients and expanding the use of its services among existing customers. Maintenance revenue also rose by +5.2%, reflecting a shift from a traditional perpetual license model to a more sustainable SaaS framework.
Non-Recurring Revenue Insights
Conversely, non-recurring revenue saw a decline of -4.4%, influenced by a substantial drop in perpetual license sales. However, consulting and implementation services gained traction, driven by several large SaaS contracts initiated in late 2024.
Commercial Dynamics and Client Engagement
Despite longer sales cycles, Planisware’s commercial activities have remained vibrant. Many clients, including notable names in the automotive sector like Fox Factory and Continental, have substantially expanded their usage of Planisware’s solutions. This reflects a growing confidence in the software’s ability to support complex project portfolios.
2025 Objectives and Future Outlook
As we look ahead, Planisware has reaffirmed its objectives for 2025, targeting mid-to-high teens revenue growth in constant currencies alongside a 35% adjusted EBITDA margin. A cash conversion rate aimed at around 80% further underscores the company’s commitment to maintaining strong profitability while investing in long-term growth.
Upcoming Opportunities for Engagement
Planisware's management will be hosting an international conference call, presenting detailed insights on Q1 2025’s performance and addressing analyst inquiries. Such engagements highlight the company's dedication to transparency and investor relations.
Additional Information About Planisware
Established as a leading B2B SaaS provider, Planisware is committed to transforming how organizations manage their projects and portfolios. With a global presence across 30 countries, and clients spanning various sectors, they continue to adapt and address the evolving needs of their customer base.
Frequently Asked Questions
What was Planisware's revenue for Q1 2025?
Planisware reported a revenue of €47.5 million for Q1 2025, reflecting a growth of +16.0% compared to the previous year.
How much did the recurring revenue grow in Q1 2025?
Recurring revenue grew by +16.2% in constant currencies, reaching €43.9 million.
What are Planisware's growth targets for 2025?
Planisware aims for mid-to-high teens revenue growth in constant currencies, along with a 35% adjusted EBITDA margin and a cash conversion rate close to 80%.
Who is the CEO of Planisware?
Loïc Sautour serves as the CEO of Planisware.
What sectors does Planisware serve?
Planisware serves a diverse range of sectors including automotive, pharmaceuticals, and retail, delivering solutions that adapt to the unique demands of each industry.
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