In a context affected by the crisis and on-track with its business plan, Cryptolog returned to break-even with income reaching 1.6 million Euros and sales up by almost 25%.
Paris, 17 June 2013 – Cryptolog, publisher of cutting-edge electronic signature software, announced sharply higher sales figures and that they passed their break-even point for 2012.
Over 1.6 million Euros in sales
Cryptolog’s sales for the 2012 financial year ended on 31 December 2012 increased by almost 25% to reach 1.5 million Euros. The total operating revenue (including subsidies) stands at 1.646 million Euros. Over and above its strong growth in sales, Cryptolog shows a positive net income of €10K for the 2012 financial year as at 31 December 2012.
« We are delighted to publish these figures, even as the dematerialization market only increased by 3% in 2012 in a quasi-recessional country-wide context. This remarkable performance allowed us to reach break-even, on-track with our business plan. Our clients and prospects now have the guarantee that Cryptolog is a solid partner, capable of supporting them in all their electronic signature projects over the long-term », said Julien Stern, CEO and co-founder of Cryptolog.
|Sales in €M||0,8||1,2||1,5|
|Net income in €K||(480)||(207)||10|
Universign : the must-have platform
After 3 consecutive years of R&D investments, Cryptolog makes electronic signature available to all with Universign, its online signature offer. This sustained growth is the consequence of the success encountered by the Universign SaaS platform that has won more than 150 clients over since it launched 15 months ago. Now, companies of all sizes can get their documents and contracts signed online or on their merchant websites thanks to the Universign electronic signature API.
Universign is a formidable multichannel (web, tablet, agency) contract finalisation tool that increases on-line sales and conversion rates; as such, it is a prime solution for companies dealing with the crisis.
SMEs and key accounts in the banking, insurance and services sectors rapidly took up this unique service where the return on investment is seen after only a few months. In particular, Universign’s “signature on tablets” offer is now being used by a prestigious CAC 40 customer.
2013 : a promising year
« Companies are more and more aware of how important it is to incorporate electronic contract finalisation services at the heart of their sales strategies. We are now seen as a reference in the electronic proof market by famous CAC 40 companies. This is why 2013 looks promising despite a context that remains difficult », said Gautier Harmel, VP Sales & Marketing of Cryptolog.
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