"I am very happy to share Pricef Fiscal Year (FY) 6/23 – 5/24 results:" Heikki Lummaa, CEO at Priceff, announced. The results included six new continuous customers, four of them based outside Finland, alongside profitability and positive cash flow for the period. Annual recurring revenue grew by 140%, while overall revenue increased by 63%.
Looking ahead, Lummaa expressed optimism about the remainder of 2024 and early 2025, noting the company is "in talks with many potential customers and hope to start several implementations and pilots towards the end of 2024."
Priceff has also recently begun developing version 4 of its solution. The update aims to simplify pricing configuration for large customers managing multiple entities and enable advanced analytics. It will support new pricing inputs, entity grouping, and customized output for various revenue management strategies.
Lummaa closed by thanking customers and staff, expressing his commitment to continued growth and partnership.
