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Safeture Q2 2023: Good ARR and edging closer to profitability - Redeye

Safeture reported a good Q2 2023, with the ARR growing in line with its financial target of 30% a year. Meanwhile, the company continued to show excellent scalability and is now fairly close to reaching profitability. The EBIT margin improved from -48% a year ago to -14% in Q2 2023. Thus, Safeture places itself among the best-positioned small Nordic SaaS companies to turn to stable profitability in the near-term.

Safeture reported a good Q2 2023, with the ARR growing in line with its financial target of 30% a year. Meanwhile, the company continued to show excellent scalability and is now fairly close to reaching profitability. The EBIT margin improved from -48% a year ago to -14% in Q2 2023. Thus, Safeture places itself among the best-positioned small Nordic SaaS companies to turn to stable profitability in the near-term.
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