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LiveChat Software estimates that MRR in Q4 of the financial year increased by 4.5% qoq

LiveChat Software’s estimated consolidated revenues in the fourth quarter of 2021/22 financial year (January - March 2022) amounted to USD 14.61 mn.

In the same period of the previous year (January - March 2021) the consolidated revenues amounted to USD 12.66 mn and in the period October - December 2021 (Q3 of 2021/22 financial year) the consolidated revenues amounted to USD13.92mn.

The increase in revenues compared to the previous year results from both the increase in the number of clients of all the Group’s solutions and the higher ARPU (average revenue per client).

The Group’s Monthly Recurring Revenue (MRR) value at the end of December 2021 was 4.62 mn USD, which is an increase of 4.5% from the end of September 2021 and an increase of 15.4% year on year.

The presented data are estimates and preliminary. Therefore, they may ultimately differ from those shown in the periodic report. Because the Group generates the vast majority of revenues in the US dollar (USD), the USD / PLN exchange rate has a significant impact on the results presented in the periodic reports.