Leaddesk's ARR rose 17% in six months and was some 6% above our estimate in the end-21. However, the H2 sales came in slightly below our estimate, partially due to a change in accounting practices. Also profitability was weaker than we had input, but we are not concerned about profitability at this stage of the growth story. Looking at the growth guidance of 13-23% for 2022, we are at the upper end of the guidance range.
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