Kinaxis posts impressive growth figures
THE SUPPLY chain software firm saw total revenue grow 44% in the last quarter of 2022 compared to Q4 2021, to almost $100m.
In the same period its SaaS revenue grew 26%, while adjusted EBITDA margin hit 21%.
Kinaxis has grown by providing software that ‘drives agility for fast, confident decision-making in an unpredictable world’.
President and CEO John Sicard said: “Our unique concurrent planning technique, which combines heuristics, optimisation and state-of-the art machine learning/AI, puts us in a leadership position to take advantage of the very strong demand backdrop in our markets, and will be key to driving a successful 2023, including another year of accelerated SaaS revenue growth. We will continue to invest for the long-term to cement our leadership position and in anticipation of even faster SaaS growth and increased profitability in coming years.”
