eXo financial results for Q4 – a great quarter to end a great year!
eXo’s last quarter of the year was successful, exceeding expectations:
- cross-product bookings reached 27% above target
- overall triple digit year-on-year growth
- triple digit growth of new annual contract value year-on-year
This quarter comes as a great final boost in this year of strong growth and improved profitability for eXo:
- Annual bookings grew by 94% compared to the previous year.
- There was triple digit growth in product-related sales and new annual contract value signed.
- Our margins slightly improved and our operating costs have remained controlled, resulting in an improvement of 50% in the EBITDA.
Other noticeable trends in 2014 include:
- We had strong client sales: a number of our clients increased their engagement with us by purchasing add-ons or extended installations.
- We had a stronger presence in the Americas. Business in this region overtook Europe this year.
- There was strong growth in the OEM channel (bundles).
For 2015, we hope to continue this trend by gaining the loyalty of customers who trusted us this year and winning new business while reinforcing our financial stability.
Brahim Jaouane
I am a Digital Marketing specialist specialized in SEO at eXo Platform. Passionate about new technologies and Digital Marketing. With 10 years' experience, I support companies in their digital communication strategies and implement the tools necessary for their success. My approach combines the use of different traffic acquisition levers and an optimization of the user experience to convert visitors into customers. After various digital experiences in communication agencies as well as in B2B company, I have a wide range of skills and I am able to manage the digital marketing strategy of small and medium-sized companies.