SaaS Annual Recurring Revenues up 16.3%, CPaaS Sales up 22.2%

Milan, 11 January, 2022 – Growens S.p.A. – GROW (the “Company” or the “Issuer” or “Growens”), a company admitted to trading on the multilateral trading facility Euronext Growth Milan and operating in the cloud marketing technology field, has announced today certain key performance indicators (KPIs) and data from management accounts, related to the business lines SaaS (Software as a Service) and CPaaS (Communication Platform as a Service). Data show the following results: - as per the SaaS business line, an ARR of 23.3M EUR as of December 2021, growing 16.3% vs the same data in 2020; as per the CPaaS business line, gross sales growing 22.2% in Q4 2021 at 12.6M EUR, vs 10.4M - EUR in Q4 2020 and a FY 2021 preliminary sales figure at 43.3; EUR, growing 6.5% over FY 2020.