Published on: March 24, 2022
SaaS, the way we like it
Sopheon’s final results for FY21, released this morning, are ahead of our and market expectations. The results show that Sopheon is making strong operational, strategic and financial progress, and we have adjusted our FY22E forecasts accordingly. The move to full SaaS is progressing well, increased product development spend is showing through in new product releases and management is looking to fully exploit SaaS market and product dynamics to build a bigger and better business across product and innovation management software markets globally.