MOTORK Aktie

 

Demonstrates Operational Discipline Maintains Stable CARR, and Reaffirms FY 25 Growth OutlookLONDON--(BUSINESS WIRE)--Regulatory News: MotorK plc (AMS: MTRK) ("MotorK", the "Group" or the "Company"), a leading SaaS provider to the automotive retail industry in the EMEA region, today announced its financial results for the nine months ended September 30, 2025. KEY FINANCIAL HIGHLIGHTS: Committed Annual Recurring Revenue (CARR1): €36 million in Q3 25, stable compared to the restated CARR in the same period last year. The uplift of €5.6 million in gross CARR year-to-date was almost entirely offset by churn in the retail segment and phasing-out non-core legacy retail customers. Reported Revenue: €30.5 million in the first nine months of 2025, compared to €30.3 million in the same period of 2024. Recurring Revenue: in the first 9 months of 2025 amounted to €23.8 million, accounting for 78% of Reported Revenue. Cost Efficiency: 6% year-on-year cost base reduction to €2...

€38.4m in Committed ARR Reinforces commitment to achieve positive cash EBITDA during 2025 Preliminary results – non-audited financial information LONDON--(BUSINESS WIRE)--Regulatory News: MotorK Plc (AMS: MTRK) (“MotorK”) today released a trading update for the fourth quarter (“Q424”) and full year ended December 31, 2024 (“FY24”), highlighting the company's strategic resilience and continued operational progress. FY24 presented challenges due to broader industry uncertainty - leading to the postponement of some high-value deals into 2025 and MotorK applying a more stringent approach to ARR, CARR, and billing recognition, which resulted in lower-than-expected Q4 and FY24 CARR -approximately 15% below the guidance as previously announced. However MotorK enters the new year with significant momentum and a strengthened foundation for long-term growth, despite macroeconomic headwinds in the European automotive sector. Some preliminary financial highlights: Committed Annual Recurring Revenues1...

LONDON--(BUSINESS WIRE)--Regulatory News: MotorK PLC (AMS: MTRK) ("MotorK", the "Group" or the "Company"), a leading SaaS provider to the automotive retail industry in the EMEA region, today announced that its Committed Annual Recurring Revenues1 (CARR) for the fourth quarter 2024 and the full financial year 2024 are lower than previously expected. European automotive uncertainty and macroeconomics have influenced decision-making among large retailers and manufacturers, impacting MotorK's CARR in two key ways: Several high-value deals originally expected to close by year-end 2024 have been deferred into 2025 and remain under negotiation. Client-signed and yet-to-be-delivered deals have experienced delays or have been subject to renegotiation. In response, MotorK has adopted a more conservative criteria of CARR to better reflect the evolving business environment. This adjustment has resulted in a reduction in reported CARR, with deals that no longer meet the revised criteria ...