Paris, February 21, 2024 - Axway Software's Board of Directors today conducted an in-depth review of the consolidated and annual financial statements for the year ended December 31, 2023. As a consequence, Axway’s management team announces:
- Annual revenue of €319.0m in 2023, with organic growth of 5.8% compared to 2022
- Solid ARR growth up 6.6% vs. end 2022, reaching €228.7m
- Margin on operating activities up 500 basis points year-on-year to 19.7% of revenue, or €62.8m
- Progressive increase in free cash flow, in line with forecasts, representing 6% of revenue over the year