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A solid performance driven by the Group's transformation to a SaaS model Consolidated 2021 revenues of $88.5 M (IFRS) Growth in recurring subscription-related revenues1 over 1 year: +11% (+26%
VERIMATRIX: Verimatrix: Resilient 2020 Annual Performance in a Challenging Context $95 million revenue in 2020 Consolidated revenue (IFRS) down only 3% year-over-year 58%: contribution of recurring revenue to total revenues (+ 3 points vs. 2019) 24%: growth of subscription-based business to $5 million in revenue Annual Reccurring Revenue Demonstrated resilience to Covid-19 pandemic with core software business down only 8% year-over-year 2 Operating margins at a record high Core business EBITDA up 16% year-over-year 1 Continuous investment in innovation, marketing and sales alongisde tight con...