Pleasing annual result for Abacus
The Swiss software company Abacus Research AG reports a pleasing annual result for the financial year 2022, even double-digit growth for the seventh time in a row. The consolidated total sales could be increased by 13.9 percent compared to the previous year.
The software company Abacus Research AG strengthened its position as the leading Swiss manufacturer of business and ERP software for SMEs and public administrations again last year. In 2022, 516 companies newly opted for Abacus software in the traditional license business. Demand for subscriptions for program use from the cloud has also continued to grow, according to the company. Here, Abacus recorded a 20.9 percent increase in sales. In the case of employee self-service functions tailored to company employees, revenue growth was an encouraging 49.3 percent, according to the company. In total, more than 696,000 subscriptions had been taken out for SME employees by the end of 2022. At the same time, the number of employees at Abacus Research AG rose by 87 to 574 last year. At the end of the year, the entire group, including the subsidiaries in Biel, Thalwil and Germany, had 723 employees.
The most successful Abacus sales partner in 2022 in terms of total sales was Axept Business Software AG, as in the previous year, followed by OBT and BDO. The first prize for the most new sales also went to Axept Business Software, followed by OBT and Customize. The special prize for the most successful sales partner in the AbaImmo area went to Aandarta, followed by OFISA SA and BDO.
Claudio Hintermann, CEO of Abacus Research AG, comments on last year's business performance as follows: "SMEs want to make their processes more efficient in a wide variety of areas and are dependent on IT solutions for automation to do so. This trend is reflected in our good business results. To this end, we have invested heavily in innovations in recent years."
Source: Abacus Research AG
