Exasol AG (FRA:EXL)
€ 2.26 0 (0%) Market Cap: 55.52 Mil Enterprise Value: 35.84 Mil PE Ratio: 0 PB Ratio: 13.37 GF Score: 55/100
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Preliminary Q4 2023 Exasol AG Earnings Call Transcript

Feb 21, 2024 / NTS GMT
Release Date Price: €2.51 (-7.89%)
Joerg Tewes
Exasol AG - CEO

Thank you very much. Good afternoon, everybody. Thank you for joining our earnings call in which we're going to cover our preliminary 2023 figures, and we will also provide some strategic updates on our business as well as a perspective on where we've seen 2024 is going to develop for Exasol. Today, I would start the conversation. So my name is Joerg Tewes, I'm the CEO of Exasol, and I will cover on the business and financial results as well as some of the strategic updates and then our Chief Financial Officer, Jan-Dirk Henrich, will take over and walk you through the details of our financial results. So here's our disclaimer. Please take a moment to look at it and read it.

Okay, thank you. So let's start with the recap of 2023. It's been my first full year in Exasol. So I'm proud of the results that we accomplished. So we got, overall, ARR increase, 18% year over year in a difficult financial times. So we ended the year with a total ARR of EUR41.7 million. We had a very strong Q4 in which our ARR came in, and we ended up at the top of the guidance range, which was EUR40

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