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Net profit of LiveChat Software increased by 70% in H1 2015/16

LiveChat Software, which is based in Wroclaw reported net profit rise by 70% in the first half of the fiscal year 2015/16 (started April 1st). Company reported a net profit of PLN 12.71 mn vs PLN 7.48 mn in the previous year. Consolidated revenues rose by 65% to PLN 23.7 mn, while EBIT increased by 67% to PLN 15.8 mn and EBITDA by 65% to PLN 16.3 mn.

“Portfolio of our clients is growing faster than ever This is the result of hard work of the whole team. We are trying to understand our clients’ needs because we want to deliver them the best solutions”, said Mariusz Cieply CEO of LiveChat Software.

LiveChat Software is listed on Warsaw Stock Exchange. Company is one of the three world's largest “live chat for business” software vendors. Companies and institutions use LiveChat solution for the direct contact with people visiting their websites, including sales support. The solution offers various tools that allow for the site traffic analysis to check customer behaviour and quality of work. LiveChat Software offers its solution in a SaaS model (Software as a Service). It is global company focused on the US market, the Polish market producing only a few per cent of sales. As the regular customers, company can include small on-line stores and big global brands such as Orange, Play, Adobe, Samsung, Tele2, Kaspersky Lab, Pizza Hut and Air Asia. The LiveChat solution is also used by universities or public institutions, such as the US Department of State.