LiveChat estimates revenue for the fourth quarter of ’21/’22 at $14.61 million; 15.4% annual increase

LiveChat Software estimates that group revenue for the three months ending March 2022, i.e. in the fourth quarter of fiscal year 2021/22, was $14.61 million and was 15.4% higher year-over-year. – The company informed in a press release.

In the same period in the previous year (January-March 2021), consolidated revenue was $12.66 million.

The increase in revenue compared to the previous year is due to both an increase in the number of customers for all group solutions and a rise in ARPU (Average Revenue Per Customer) ”- it was written in the release.

The company announced that the group’s monthly recurring revenue (MRR) at the end of March 2022 was $4.64 million, an increase of 4.5 percent. compared to the end of December 2021 and by 15.4 percent. every year.

ChatBot’s revenue increased by 3.5%. Compared to the previous quarter, it increased by 32.6 percent. compared to the same period of the previous year.

The company’s board of directors believes that the Russian aggression against Ukraine does not have a significant impact on the financial results and operating activities of LiveChat Software.

The company estimates that revenue from the Russia, Ukraine and Belarus markets as a whole is less than 0.5 percent. MRR.

“At the beginning of March, the company blocked the possibility of creating test accounts and purchasing its products for customers from Russia and Belarus” – it was written in the statement (PAP Biznes)

seb / mfm /