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Datum: (6 jaar en 101 dagen geleden)
Bedrijf:

H1 2020 results

Further Geographical Expansion And Strong Revenue Growth Across All Core Segments

BREDA, 26 AUGUST 2020

Financial highlights
  • Strong CPaaS growth of 46% compared to H1 2019, demonstrating CM.com’s ability to capture customers and market share in a rapidly growing market
  • Core[1] revenue, consisting of CPaaS, Payments and Platform, grew with € 15.8 million (+41%) compared to H1 2019 to € 54.5 million
  • Total revenue amounted to € 57.8 million in H1 2020
  • Global expansion continued with 70% of core revenue growth generated outside The Netherlands (€ 11.1 million)
  • Core gross profit increased by 7% compared to H1 2019 to € 11.9 million in H1 2020
  • Adjusted EBITDA came in at € (0.4) million
  • CM.com reiterates its guidance, including the medium-term revenue growth target of more than 30%
Business highlights
  • Despite the negative impact of Covid-19 on customers active in Travel, Leisure, and Retail, the acceleration of the digitization of our customers offers numerous opportunities for the future
  • CPaaS Net Dollar Retention rate of 130% indicates strong revenue growth among existing customers
  • In line with our global expansion strategy regional hubs were opened in Los Angeles (USA) and Nairobi (Kenya) in H1 2020
  • The execution of our ambitious recruitment trajectory has successfully turned CM.com into a company with over 50% of personnel in Sales & Marketing as we grow our sales force globally
  • New enterprise customer wins include multinationals such as LVMH and Adidas
  • We launched Rich Communication Services (RCS) in Germany in partnership with Vodafone Germany, becoming the first CPaaS company to do so
  • Through the acquisition of Global Ticket, CM.com services important segments of the ticket market including museums and other cultural institutions
  • The acquisition of CX Company enhances our Conversational Commerce proposition with AI and rule-based chatbot functionalities




Recent van CM  
CM.com expands Executive Committee with appointment of Chief Commercial Officer

CM.com delivers record EBITDA in 2025

CM.com raises EUR 5 million from Dutch entrepreneur to support future growth

Verstreken tijd: 6 jaar en 101 dagen
CM contact  

+31 (0) 76 572 70 00
www.cm.com/nl-nl

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