QPR Software has released its interim report for January–March 2025

QPR Software Plc has today published its interim report for January–March 2025.

During the first quarter, QPR Software made steady progress toward its strategic objectives. The company continued to invest in expanding its international business, advancing product development, and strengthening its partner ecosystem – with the collaboration with Snowflake remaining one of QPR’s key strategic priorities.

FINANCIAL DEVELOPMENT BRIEFLY

JANUARY-MARCH 2025

• Investments in growth have started.
• SaaS net sales declined by 1%, even though QPR ProcessAnalyzer continued its strong growth.
• Software net sales decreased by 16%.
• Net sales were 1,519 thousand euros, down 14% (1,769).
• EBITDA was 7 thousand euros (295), -288 thousand euros change compared to the corresponding period.
• The operating profit was -241 thousand euros (33), -273 thousand euros change compared to the corresponding period.
• Profit before taxes was -260 thousand euros (13), -273 thousand euros change compared to the corresponding period.
• The result was -266 thousand euros (13), -273 thousand euros change compared to the corresponding period.
• Earnings per share was -0.014 euros (0.001)
• Cash flow from operations 222 thousand euros (-5), +217 thousand euros change compared to the corresponding period.
• The rapid weakening of the US dollar had a negative impact on net sales and growth.

👉 Read the full report and the CEO Heikki Veijola’s review here.