Continued strong growth and run-rate net sales is almost SEK100m

Q4 Financial Highlights

  • ARR at the end of Q4 (the quarter ending 30 June 2022) was SEK 79.9m, corresponding to a 27% increase compared with the same period last year (SEK 63.1m).
  • Total contract value at the end of Q4 of SEK 117.1m, corresponding to a 52% increase compared with the same period last year (SEK 77.0m).
  • Net sales in Q4 were SEK 23.1m, corresponding to a 44% increase compared with the same period last year (SEK 16.0m).
  • Proforma organic net sales growth in Q4 was 18% and proforma organic TCV growth in Q4 was 52% compared with the same period last year.
  • Gross profit in Q4 was SEK 21.4m equating to a 93.1% gross margin.
  • Normalised EBITDA (EBITDA before non-recurring items) was SEK -2.1m compared to the same period last year (SEK -1.8m).
  • EBITDA of SEK -3.0m compared to the same period last year (SEK -7.3m).
  • Basic earnings per share (weighted) amounted to SEK -0.09 (SEK -0.21).
  • Operating cashflow in Q4 was SEK – 0.7m.

Operational Highlights

  • 220 new agreements were signed by the group with a value of SEK 33.8m.
  • We have announced a new group management team with the appointments of Alex Mathieson as Chief Revenue Officer, Maria Hudson as Chief Marketing Officer, Bruce Morrison as Chief Financial Officer, Emily Hopson-Hill as Chief Operating
    and Technology Officer all reporting to Gustave Geisendorf as Group CEO.

 

For more information

For additional information please contact Gustave Geisendorf, CEO of BuildData Group AB: gustave.geisendorf@builddata.se, +44 7760 760 777. Bruce Morrison, CFO of BuildData Group AB:bruce.morrison@builddata.se, +44 7770 262386.

About Builddata

BuildData operates a suite of companies that help property developers, asset owners, contractors and facility management teams derive meaningful value from data throughout the entire building lifecycle.

Continued strong growth and run-rate net sales is almost SEK100m

Stockholm, Sweden—19 July 2022: BuildData Group AB (“BuildData”), will release its results report for the quarter from April to June 2022 on Wednesday 3 August at 07.00 am CET.

Analysts, investors and the media are invited to a presentation at 15.00pm CET on Wednesday 3 August 2022.

The presentation can be viewed live at https://zutec.zoom.us/j/89602283606.

 

For more information, please contact:
Gustave Geisendorf, CEO, gustave.geisendorf@builddata.se, +44 7760760777.

Bruce Morrison, CFO, bruce.morrison@builddata.se, +44 7770262386

 

About BuildData

BuildData. Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

Continued strong growth and run-rate net sales is almost SEK100m

Group leadership team put in place to optimise business performance, accelerate organic and acquired growth as trailblazers in residential construction SaaS.

Stockholm, Sweden—11th July 2022:  BuildData Group AB (“BuildData”) today announced a new group management team led by Group CEO, Gustave Geisendorf. The newly formed team will be responsible for group commercial, finance, M&A and operational functions globally and comprises Bruce Morrison as Group Chief Financial Officer (Group CFO), Emily Hopson-Hill as Group Chief Technology and Operations Officer (Group CTO/COO), Maria Hudson as Group Chief Marketing Officer (Group CMO) and Alex Mathieson as Group Chief Revenue Officer (Group CRO).

Stefan Charette, BuildData Chairman said, “The changes we have made at a senior level will enable the successful development and growth of the BuildData Group, as we meet our ambitions to be the leading provider of construction SaaS solutions to the housebuilder and developer community. We have a huge opportunity as this sector increasingly is embracing tech to meet regulatory compliance and sustainability targets, while driving efficiencies and improving productivity, and this team is tasked to ensure we are the go-to brands for SaaS solutions.”

As we have entered our new financial year, and hit a critical stage in our growth trajectory, it is imperative we have the right management team in place to drive the company forward as we build our position within the residential and property tech space. The team will work alongside me to meet sector demand, execute, and accelerate our business, as well as provide daily management of the BuildData brands including Zutec, Createmaster, Bond Bryan Digital and Resi-Sense. Construction and property remain two of the least digitized industries in the world and that presents a massive opportunity for us,” said Gustave Geisendorf, BuildData CEO.

With extensive experience in scaling SaaS and software companies, Emily Hopson-Hill joined Zutec in March 2021 as Chief Operations Officer and has been responsible for enhancing product and solutions, as well as implementing process and policies to promote company culture and vision. In her BuildData role, Emily will oversee solutions engineering, product, IT and development, technical implementation and digital services.

Bruce Morrison joined BuildData as CFO in October 2021, having been in finance and M&A leadership roles in publicly listed companies across the SaaS space for more than 20 years.  Bruce will take responsibility for IR, financial control, and M&A for the group.

More recent hires, Maria Hudson as Group CMO and Alex Mathieson as Group CRO, will form a new commercial function within BuildData. Maria will be in in charge of brand marketing, digital marketing, content marketing, account-based marketing, and PR across the group’s brands.  Alex will lead new business, account management, customer success and pre-sales.

Geisendorf continued, “This is a new era for BuildData and it’s a privilege to work with such accomplished individuals as we help shape the industry and take the next steps on our journey. With this new structure we are also organised to continue our growth through acquisitions. We have increased sales by 5 times over the past 2.5 years and we are now entering the next stage of that growth trajectory.

For more information, please contact:

Gustave Geisendorf, CEO, gustave.geisendorf@builddata.se, +44 7760760777.

 

About BuildData

BuildData Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

 

Continued strong growth and run-rate net sales is almost SEK100m

Stockholm, Sweden—6th July 2022:  BuildData Group AB (“BuildData”) today announced that its subsidiary Zutec has signed a 3-year enterprise agreement valued at SEK4.5m, with one the largest home construction companies in the UK, Taylor Wimpey. Operating at a local level with 23 regional businesses across the UK, Taylor Wimpey completed 14,087 new homes in 2021, from apartments to six-bedroom houses, with affordable housing representing 18% of their total completions.

Taylor Wimpey has selected the Zutec platform for quality management, which will be configured to support their drive towards Building Regulation 40, and Part L (or Approved Document L) compliance, a regulatory uplift that came into force on the 15th June 2022. Housebuilders and developers in England and Wales are now required to reduce CO2 emissions on all new houses by 31% compared to the previous SAP model. Over the next 12-months there is expected to be over 1000 Taylor Wimpey users and 240 projects running on Zutec.

Gustave Geisendorf, CEO of BuildData said: “With the raft of new and updated building regulations coming into force over the coming months and years—such as the uplifted Part L standard of Building Regulation 40, and the more rigorous Future Homes and Future Building Standard 2025—ensuring building energy efficiency and sustainability is front of mind for housebuilders and developers in their drive to carbon net neutrality by 2050.

“Regulation is pushing the construction industry through a period of change, and meeting quality standards to ensure compliance is a must. With ease of use and simplicity at its core, our quality management platform provides one place to document all building data and information. Users can take geo-located photos, ensure they can be traced and match projects, then shared with key stakeholders and inspectors to evidence compliance, as well as improve team communications, assignment of tasks and the ability close and sign off work and installations. After successfully completing a proof of concept, Taylor Wimpey chose Zutec for our capability to provide a configurable SaaS platform so they can meet the changing needs of regulation and always guarantee the best quality.”

For more information, please contact:

Gustave Geisendorf, CEO, gustave.geisendorf@builddata.se, +44 7760760777.

About BuildData

BuildData Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

Continued strong growth and run-rate net sales is almost SEK100m

Group leadership team put in place to optimise business performance, accelerate organic and acquired growth as trailblazers in residential construction SaaS.

Stockholm, Sweden—11th July 2022:  BuildData Group AB (“BuildData”) today announced a new group management team led by Group CEO, Gustave Geisendorf. The newly formed team will be responsible for group commercial, finance, M&A and operational functions globally and comprises Bruce Morrison as Group Chief Financial Officer (Group CFO), Emily Hopson-Hill as Group Chief Technology and Operations Officer (Group CTO/COO), Maria Hudson as Group Chief Marketing Officer (Group CMO) and Alex Mathieson as Group Chief Revenue Officer (Group CRO).

Stefan Charette, BuildData Chairman said, “The changes we have made at a senior level will enable the successful development and growth of the BuildData Group, as we meet our ambitions to be the leading provider of construction SaaS solutions to the housebuilder and developer community. We have a huge opportunity as this sector increasingly is embracing tech to meet regulatory compliance and sustainability targets, while driving efficiencies and improving productivity, and this team is tasked to ensure we are the go-to brands for SaaS solutions.”

As we have entered our new financial year, and hit a critical stage in our growth trajectory, it is imperative we have the right management team in place to drive the company forward as we build our position within the residential and property tech space. The team will work alongside me to meet sector demand, execute, and accelerate our business, as well as provide daily management of the BuildData brands including Zutec, Createmaster, Bond Bryan Digital and Resi-Sense. Construction and property remain two of the least digitized industries in the world and that presents a massive opportunity for us,” said Gustave Geisendorf, BuildData CEO.

With extensive experience in scaling SaaS and software companies, Emily Hopson-Hill joined Zutec in March 2021 as Chief Operations Officer and has been responsible for enhancing product and solutions, as well as implementing process and policies to promote company culture and vision. In her BuildData role, Emily will oversee solutions engineering, product, IT and development, technical implementation and digital services.

Bruce Morrison joined BuildData as CFO in October 2021, having been in finance and M&A leadership roles in publicly listed companies across the SaaS space for more than 20 years.  Bruce will take responsibility for IR, financial control, and M&A for the group.

More recent hires, Maria Hudson as Group CMO and Alex Mathieson as Group CRO, will form a new commercial function within BuildData. Maria will be in in charge of brand marketing, digital marketing, content marketing, account-based marketing, and PR across the group’s brands.  Alex will lead new business, account management, customer success and pre-sales.

Geisendorf continued, “This is a new era for BuildData and it’s a privilege to work with such accomplished individuals as we help shape the industry and take the next steps on our journey. With this new structure we are also organised to continue our growth through acquisitions. We have increased sales by 5 times over the past 2.5 years and we are now entering the next stage of that growth trajectory.

For more information, please contact:

Gustave Geisendorf, CEO, gustave.geisendorf@builddata.se, +44 7760760777.

 

About BuildData

BuildData Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

 

Continued strong growth and run-rate net sales is almost SEK100m

Group leadership team put in place to optimise business performance, accelerate organic and acquired growth as trailblazers in residential construction SaaS.

Stockholm, Sweden—11th July 2022:  BuildData Group AB (“BuildData”) today announced a new group management team led by Group CEO, Gustave Geisendorf. The newly formed team will be responsible for group commercial, finance, M&A and operational functions globally and comprises Bruce Morrison as Group Chief Financial Officer (Group CFO), Emily Hopson-Hill as Group Chief Technology and Operations Officer (Group CTO/COO), Maria Hudson as Group Chief Marketing Officer (Group CMO) and Alex Mathieson as Group Chief Revenue Officer (Group CRO).

Stefan Charette, BuildData Chairman said, “The changes we have made at a senior level will enable the successful development and growth of the BuildData Group, as we meet our ambitions to be the leading provider of construction SaaS solutions to the housebuilder and developer community. We have a huge opportunity as this sector increasingly is embracing tech to meet regulatory compliance and sustainability targets, while driving efficiencies and improving productivity, and this team is tasked to ensure we are the go-to brands for SaaS solutions.”

As we have entered our new financial year, and hit a critical stage in our growth trajectory, it is imperative we have the right management team in place to drive the company forward as we build our position within the residential and property tech space. The team will work alongside me to meet sector demand, execute, and accelerate our business, as well as provide daily management of the BuildData brands including Zutec, Createmaster, Bond Bryan Digital and Resi-Sense. Construction and property remain two of the least digitized industries in the world and that presents a massive opportunity for us,” said Gustave Geisendorf, BuildData CEO.

With extensive experience in scaling SaaS and software companies, Emily Hopson-Hill joined Zutec in March 2021 as Chief Operations Officer and has been responsible for enhancing product and solutions, as well as implementing process and policies to promote company culture and vision. In her BuildData role, Emily will oversee solutions engineering, product, IT and development, technical implementation and digital services.

Bruce Morrison joined BuildData as CFO in October 2021, having been in finance and M&A leadership roles in publicly listed companies across the SaaS space for more than 20 years.  Bruce will take responsibility for IR, financial control, and M&A for the group.

More recent hires, Maria Hudson as Group CMO and Alex Mathieson as Group CRO, will form a new commercial function within BuildData. Maria will be in in charge of brand marketing, digital marketing, content marketing, account-based marketing, and PR across the group’s brands.  Alex will lead new business, account management, customer success and pre-sales.

Geisendorf continued, “This is a new era for BuildData and it’s a privilege to work with such accomplished individuals as we help shape the industry and take the next steps on our journey. With this new structure we are also organised to continue our growth through acquisitions. We have increased sales by 5 times over the past 2.5 years and we are now entering the next stage of that growth trajectory.

For more information, please contact:

Gustave Geisendorf, CEO, gustave.geisendorf@builddata.se, +44 7760760777.

 

About BuildData

BuildData Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

 

Continued strong growth and run-rate net sales is almost SEK100m

Financial Highlights

  • ARR at the end of Q3 was SEK 74.1m, corresponding to a 222% increase compared with the same period in FY21 (SEK 23.0m).
  • Total contract value at the end of Q3 of SEK 106.8m, corresponding to a 158% increase compared with the same period in FY21 (SEK 41.4m).
  • Net sales in Q3 were SEK 22.1m, corresponding to a 159% increase compared with the same period in FY21 (SEK 8.5m).
  • Proforma organic growth in net sales of 19% and TCV of 42% from FY 21 Q3.
  • Gross profit in Q3 was SEK 21.3m equating to a 96% gross margin.
  • Normalised EBITDA (EBITDA before non-recurring items and FX translation) was SEK -1.5m compared to the same period in FY21 (SEK 0.9m).
  • EBITDA of SEK -1.5m compared to the same period in FY21 (SEK 3.1 m).
  • Basic earnings per share (weighted) amounted to SEK -0.8 (SEK 0.02).
  • Operating cashflow in Q3 was SEK-4.0m.

Operational Highlights

  • 301 new agreements were signed by the group in Q3 with a value of SEK 28.7m.
  • 5 new enterprise agreements were signed in Q3.

Significant Events after the Period

  • There have been no significant events after the end of the period.

 

The Q3 interim report for the period from 1 January to 31 March 2022 will be available at our website at https://www.builddata.se/investors/reports-and-presentations/

For more information, please contact:
Gustave Geisendorf, CEO, gustave.geisendorf@builddata.se, +44 7760760777.

About BuildData

BuildData Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

Continued strong growth and run-rate net sales is almost SEK100m

Stockholm 2 February 2022 – BuildData Group AB (“BuildData”), today announced that its subsidiary Zutec has signed an enterprise agreement with BCAL Consulting “(BCAL”). The 3-year enterprise agreement is valued at SEK2.8m and is for 100% software licensing. BCAL is a leader in the U.K. in digital handover and will be using Zutec to manage handover on all of its projects. Zutec has a leading platform in regards to Digital Handover.

For more information, please contact:

Gustave Geisendorf, CEO, gustave.geisendorf@builddata.se, +44 7760760777.

About BuildData/Zutec

BuildData. Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

Continued strong growth and run-rate net sales is almost SEK100m

 

Financial Highlights

  • Introducing three new KPIs, ARR, TCV and gross profit margin.
  • ARR at the end of Q2 was SEK 72.1m, corresponding to a 248% increase compared with the same period in FY21 (SEK 20.7m).
  • Total contract value of SEK 96.5m, corresponding to a 147% increase compared with the same period in FY21 (SEK 39.1m).
  • Gross profit in Q2 was SEK 21.4m representing 96% of income.
  • Net sales in Q2 were SEK 21.7m, corresponding to a 136% increase compared with the same period in FY21 (SEK 9.2m).
  • Normalised EBITDA (EBITDA before non-recurring items and FX translation) was SEK -3.9m compared to the same period in FY21 (SEK 0.3m).
  • EBITDA of SEK -4.2m compared to the same period in FY21 (SEK -1.7 m).Net loss was SEK –7.4m compared with the same period in FY21 (SEK -3.9m)
  • Basic earnings per share (weighted) amounted to SEK -0.12 (SEK -0.09).
  • Operating cashflow in Q2 was SEK –6.5m.

Operational Highlights

  • 218 new agreements were signed by the group in FY2022 Q2 with a value of SEK 33.3m.
  • New enterprise signed with Homeground (SEK 4.8m) and Quintain (SEK 3.2m).
  • Acquisition of 80% of Bond Bryan Digital, a leading BIM provider.

Significant Events after the Period

There have been no significant events after the end of the period.

The Q2 interim report for the period from 1 October to 31 December 2021 is attached as a PDF file. This report and other financial reports will be available at our website at https://www.builddata.se/investors/reports-and-presentations/

For more information, please contact:
Gustave Geisendorf, CEO, gustave.geisendorf@builddata.se, +44 7760760777.

About BuildData

BuildData Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

Continued strong growth and run-rate net sales is almost SEK100m

Stockholm 2 February 2022 – BuildData Group AB (“BuildData”), today announced that its subsidiary Zutec has signed an enterprise agreement with BCAL Consulting “(BCAL”). The 3-year enterprise agreement is valued at SEK2.8m and is for 100% software licensing. BCAL is a leader in the U.K. in digital handover and will be using Zutec to manage handover on all of its projects. Zutec has a leading platform in regards to Digital Handover.

For more information, please contact:

Gustave Geisendorf, CEO, gustave.geisendorf@builddata.se, +44 7760760777.

About BuildData/Zutec

BuildData. Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).