I am very happy to share Pricef Fiscal Year (FY) 6/23 – 5/24 results:
– We got 6 new continuous customers of which 4 are outside Finland.
– We had a profitable FY.
– We are cash flow positive.
– Our annual recurring revenue grew by 140%.
– Our revenue grew by 63%.
I also have the feeling that the end of this calendar year 2024 and early 2025 will be very busy. We are in talks with many potential customers and hope to start several implementations and pilots towards the end of 2024.
Recently we started to develop version 4 of Priceff solution. The goal is to make it easier for large customers to adapt the pricing settings for various larger entities and do analytics. Further we aim at easier enabling new types of pricing input and e.g. soft groupings of the priced entities as well as modifying the output of dynamic pricing for various purposes. The new version will enable more advanced dynamic pricing and revenue management strategies that lead to even better results for our customers.
I want to thank all our Customers for the trust and cooperation, as well as our very smart and hard working team for the past FY – and look forward to continuing and growing our cooperation!
Greetings,
Heikki
CEO, Priceff
