QPR Software Interim Financial Report January – March 2019

Business operations

QPR Software’s venture is to make customers agile and efficient in their operations. We innovate, increase, and sell software programs to analyze, monitor, and model operations in corporations. Furthermore, we offer customers a diffusion of consulting offerings.

OUTLOOK

Operating surroundings and market outlook

In the latest years, QPR Software has invested closely in growing the organization’s new system mining software program and renewing all consumer interfaces of its software merchandise. We estimate that the call for procedure mining software programs and associated offerings will keep growing rapidly over the route of 2019.
We expect the opposition for process and organization structure modeling and overall performance management software to stay tight in advanced markets. The Company still sees boom capacity for these merchandise in emerging markets.

Outlook for 2019

QPR expects internet sales to develop in 2019 (2018: EUR 10,047 thousand). The most considerable increase is the worldwide system mining software income of QPR ProcessAnalyzer, and the consulting offerings supporting QPR’s software program commercial enterprise in Finland. Growth in quarterly reports is anticipated to have a big variance, and it’s far impacted mainly with the aid of the ultimate instances of huge software program offers. In 2019, QPR will boom investments in its developing enterprise segments. Due to those investments, the Company estimates that its working result will be lower than in the preceding yr, even as still last high quality (2018: five.2% of net sales).

QPR Software innovates, develops, sells, and grants software programs and services in global markets geared toward facilitating operational improvement in agencies. QPR Software reports one running section: Operational improvement of groups. In addition to this, the Company reports sales from products and services as follows: Software licenses, Renewable software program licenses, Software protection offerings, Cloud offerings, and Consulting.

Recurring sales stated via the Company includes Software renovation services and Cloud services. In addition, habitual revenue consists of Renewable software program licenses. Software licenses are bought to customers for perpetual use or an agreed, confined period. Renewable software program licenses are offered to clients as a user proper with an indefinite length. These contracts are robotically renewed at the giving up of the agreed duration, normally one year, until the agreement is terminated inside notice duration. Renewable license sales are identified as one factor in time, within the starting of the invoicing length. The geographical regions mentioned are Finland, the relaxation of Europe (along with Russia and Turkey), and the relaxation of the world. Net income is mentioned in keeping with the client’s headquarter place.