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2022-05-03 08:58:19
Questback Group presents Q1 trading update with growth in New Annual Recurring
Revenue of 46% vs same period last year.
Oslo, Stockholm, 2022-05-03
Questback offers a leading SaaS solution for collecting, analyzing and acting on
customer and employee feedback. Our goal is to make companies and organizations
smarter by providing the insights they need for better decision making.
Key highlights in the Q1 trading update include:
o Overall strong key operational metrics for the quarter
o New Annual Recurring Revenue growth of 46%
o Growth of Sales to Existing Customers by 54 % vs same period last year
o Growth of Sales to New Customers by 20% vs the same period last year
o Net retention rate, reflecting the ability to both retain and grow existing
customer base, at 103% - up from 91% Q1 2021
o Year-over-year growth in toal ARR per end of Q1 2022 +8% up from -3% per end
of Q1 2021
Questback CEO, Saeid Mirzaie comments