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COHERIS: turnover for the first half of 2024

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COHERIS, French publisher of CRM and Data Analytics solutions, today announced its turnover for the first half of 2024. During this period, the company recorded a turnover of €6.6 million, in decrease of 3.6% compared to the first half of 2023.

However, subscription revenue increased by 17.1%, reaching €3.4 million and now representing 51% of total revenue, compared to 42% in the first half of 2023. At the same time, the share of perpetual and maintenance decreased, representing only 21% of total turnover.

Services provided generated €1.9 million, down 15% compared to the previous year, mainly due to a drop in the volume of projects signed. Finally, the stock of recurring income on an annualized basis stands at €10.3 million as of June 30, 2024, up 1% compared to December 31, 2023.

The next publication of half-year results is scheduled for September 25, 2024 after the stock market closes.

R. H.

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