MUNICH, Germany, Mar 29, 2023 – The Nemetschek Group, has announced results for fourth quarter of 2022. For the fourth quarter of 2022, the company reported revenue of €203M, flat compared to €202.8M of third quarter with net income €34M.
“By driving the transition to Subscription-based and SaaS models this year, we are making it possible to generate significantly higher revenues per user and create a higher customer lifetime value in the medium and long term,” said Yves Padrines, CEO of the Nemetschek Group. “In addition, these revenues are not only more predictable but also less volatile across economic cycles. This creates the conditions to benefit in the best possible way from the enormous potential of our growing markets, both in the construction and in the media business. This is because the structural growth drivers for the Nemetschek Group – such as the low level of digitalization or the need for more efficiency and sustainability in the construction industry – aren’t just intact but are becoming increasingly important in the current environment.”
A complete chart of the financial results is available here.
About the Nemetschek Group
The Nemetschek Group is a globally leading software provider for digital transformation of the AEC/O and media industries. Its intelligent software solutions cover the entire lifecycle of building and infrastructure projects and enable creatives to optimize their workflows. Customers can design, build and manage buildings and infrastructures more efficiently and sustainably and develop digital content such as visualizations, films and computer games more creatively. The software provider is driving innovations such as digital twins as well as open standards (OPEN BIM), and sustainability in the AEC/O industry, constantly expanding its portfolio by also investing in deep-tech startups. Currently more than 7 million users worldwide are shaping the world with the customer-focused solutions of our four divisions. Founded by Prof. Georg Nemetschek in 1963, the Nemetschek Group today employs around 3,600 experts globally.
For more information, visit www.nemetschek.com.
