Q1'23 report in brief
The report was mostly in line with expectations. With respect to the numbers, Litium achieved an ARR of SEK 70.1m, corresponding to y-o-y growth of 7% (or 10% adjusted for platform migrations). As the sequential ARR growth streak continues, we are increasingly optimistic regarding the current execution of the company's long-term strategy and ability to become free cash flow-positive in the near future.
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