SaaS Annual Recurring Revenues up 32%, CPaaS Sales up 60%

Milan, 10 October, 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 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 29.2M EUR as of September 2022, growing 31.7% vs the same period in 2021 (or 4.8% organic); - as per the CPaaS business line, gross sales growing 60.2% in Q3 2022 at 17.6M EUR, vs 11.0M EUR in Q3 2021.