Strong FY 2023 results, Planisware consistently delivering sustainable profitable growth
At € 6.9 million, 2023 income tax expense reflected an Effective Tax Rate of 14.1%, compared to 15.5% in 2022.
- At € 6.9 million, 2023 income tax expense reflected an Effective Tax Rate of 14.1%, compared to 15.5% in 2022.
- In 2023, adjusted Free Cash Flow reached
€ 43.8 million, up by +64.4% compared to € 26.7 million in 2022, led by Adjusted EBITDA growth. - Planisware benefits from a strong cash position, as most of its customers prepay for services, which generates structurally negative working capital requirements.
- In 2023, Planisware initiated the next phase of its growth strategy through its contemplated IPO on Euronext Paris.