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LiveChat estimates its revenue for the first quarter of 2122 at $13.02 million; On an annual basis, 25.8 percent

2021-07-01 17:24

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2021-07-01 17:24

LiveChat estimates its revenue for the first quarter of 2122 at .02 million;  On an annual basis, 25.8 percent
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LiveChat Software estimates that group revenue for the April-June 2021 period, i.e. in the first quarter of fiscal year 2021/22, was $13.02 million and was 25.8% higher year-over-year. – The company informed in a press release.

In the corresponding period of the previous year (April – June 2020), consolidated revenue was $10.36 million, and in January-March 2021 (FY2020/21) fourth quarter it was $12.66 million.

The company’s monthly recurring revenue at the end of June 2021 was $4.21 million, an increase of 4.7%. compared to the end of March 2021 and by 25.2%. every year.

The company announced that the reported results were affected, among other things, by an increase in the ARPU (average monthly revenue per subscriber) of the group’s main products. In Q1 2020/21, the LiveChat average revenue per user rate (ARPU) was $119 and was over 11.2 percent higher. compared to the same period of the previous year. ARPU ChatBot reached $109 at the end of the quarter, an increase of 33.1 percent. every year. At the same time, the initial ARPU ChatBot continued to grow.

The group also recorded an increase in the number of clients. At the end of Q1 2021/22, the number of paying LiveChat customers was 33,358, and ChatBot was 2,086.

ChatBot’s revenue increased by 4.9 percent. Compared to the previous quarter and over 113 percent. compared to the same period of the previous year.

The Board of Directors indicated that the data provided are estimates and preliminary data, so they may differ in the end from those contained in the periodic report.

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“Due to the fact that the company generates the vast majority of revenue in US dollars (USD), the USD/PLN exchange rate has a significant impact on the final results presented in the periodic reports” – it was written.

LiveChat Software’s Q1 2021/22 report is scheduled to be published on August 27. (PAP Biznes)

Doaa / Anna /

Source:PAP Biznes