Lime: Lime increases sales and operating profit - proposes increased dividend (update 2)

(add last three paragraphs) Software company Lime Technologies, which develops CRM systems, reports increased sales and operating profit in the fourth quarter compared to the same period last year. The board proposes an increased ordinary dividend. Sales increased 18.9 percent to SEK 183.9 million (154.7). Organic sales growth was 10 percent (14). Recurring revenue amounted to SEK 117.0 million (91.4). The annualized value of recurring revenue at the end of the quarter was SEK 483.1 million (372), representing an ARR growth of 30 percent (16) Operating profit amounted to SEK 37.9 million (31.0), with an operating margin of 20.6 percent (20.0). Profit after tax was SEK 24.1 million (24.0), and per share SEK 1.82 (1.80). An ordinary dividend of SEK 4.00 per share (3.50) is proposed, to be paid on two occasions, in May and November. Cash flow from operating activities amounted to SEK 60.1 million (62.4). "I am pleased with how we ended the year. As I often say, the right kind of behavior is a prerequisite for performing in a tougher market climate, which the organization is demonstrating. In terms of results, we are delivering improved organic growth in the quarter, although we can do better. The same applies to the business situation. Slightly shorter sales processes and a more optimistic feeling in the market end the year, although it varies between countries," comments CEO Nils Olsson. Lime Technologies' subsidiary Sportsadmin suffered a data breach on January 16, as previously reported. The cyberattack was isolated to Lime Sportadmin, and no other parts of other parts of Lime were affected. Lime Sportadmin accounts for approximately 8-10 percent of Lime Group's total revenue. Lime currently estimates that the data breach will not have a material impact on the Group's financial results for the first quarter of 2025. Lime, SEKm Q4-2024 Q4-2023 Change in Net sales 183,9 154,7 18,9% Organic sales growth, percent 10 14 -28,6% Operating profit 37,9 31,0 22,3% Operating margin 20,6% 20,0% Net profit/loss 24,1 24,0 0,4% Earnings per share, SEK 1,82 1,80 1,1% Cash flow from operating activities 60,1 62,4 -3,7% Ordinary dividend per share, SEK 4,00 3,50 14,3%