SaaS Annual Recurring Revenues up 28.6%, CPaaS Sales up 21.3%

Milan, 10 January, 2023 – 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 and CPaaS as of December 2022 and Q4 2022 respectively. Unaudited data show the following results: - as per the SaaS (Software as a Service) business line, an ARR of 29.8M EUR as of December 2022, including Contactlab’s recurring revenues, growing 28.6% vs the same data of 2021 (or 14.5% organic); - as per the CPaaS (Communication Platform as a Service) business line, gross sales growing 21.3% in Q4 2022 at 16.2M EUR, vs 13.4M EUR in Q4 2021 and a FY 2022 preliminary sales figure at 64.9; EUR, growing 41.6% over FY 2021.