QPR Software Plc’s Interim report January–March 2024 published

CEO Heikki Veijola:

“The first quarter of the year has started on a positive note with several significant successes. There's a moderate enhancement in the market, and we've managed to expand contracts with our existing customers, grow our international partner network, and acquire new clients. The company achieved a positive result, marking the first time since the third quarter of 2019.”

JANUARY-MARCH 2024 

  • SaaS net sales increased by +15%
  • Software net sales increased by +4%
  • Net sales was 1,769 thousand euros, down -21% (January-March 2023: 2, 237) due to company’s discontinuation of consulting outside the core business.  
  • EBITDA was 295 thousand euros (-36), a difference of 332 thousand euros from the comparison period  
  • The operating profit was 33 thousand euros (-287), a difference 320 thousand euros from the comparison period
  • Profit before taxes was 13 thousand euros (-326), a difference 339 thousand euros from the comparison period
  • The result was 13 thousand euros (-331), a difference 344 thousand euros from the comparison period
  • Earnings/share was 0.001 euros (-0.027)
  • Cash flow from operations EUR -5 thousand (475) 

Read the full report here.



For further information: 
Heikki Veijola 
Chief Executive Officer 
QPR Software Plc 
Tel. +358 40 922 6029

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Sanna Salo

Chief Marketing Officer at QPR Software

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