Upsales - CRM system and subscription revenue

Hi!

I thought I’d start a thread about Upsales, which released its Q4 report today.

Upsales delivered growth in both revenue and recurring revenue during the fourth quarter. Revenue rose by 10.8% to 40.3 MSEK, and annual recurring revenue (ARR) increased by 5.3 MSEK, reaching 153 MSEK at the end of the quarter. This represents an ARR increase of 7.8% on a rolling twelve-month basis.

The EBITDA margin amounted to 25.7% for the quarter, compared to 15.1% for the same period last year. The improvement was due to efficiency measures within the organization.

Furthermore, the company announced that churn (cancellations) has continued to decrease, and both new customer sales and revenue expansion among existing customers have developed well. Looking ahead, the company expects conditions for continued growth to be good, and that revenue growth will increase during 2026.

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