Temenos AG (XSWX:TEMN)
CHF 62.95 -0.7 (-1.1%) Market Cap: 4.59 Bil Enterprise Value: 5.31 Bil PE Ratio: 36.58 PB Ratio: 9.92 GF Score: 80/100
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Q2 2022 Temenos AG Earnings Call Transcript

Jul 21, 2022 / 04:30PM GMT
Release Date Price: CHF77.2 (-3.02%)
Operator

Ladies and gentlemen, welcome to the Temenos Q2 2022 Results Conference Call and Live Webcast. I'm Maria Reddy, Chorus Call operator. (Operator Instructions) And the conference has been recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast.

At this time, it's my pleasure to hand over to Max Chuard, CEO. Please go ahead.

Max Chuard
Temenos AG - CEO

Thank you, operator. Good afternoon. Thank you for joining today's call to run through our Q2 results. The results presentation for this call is available on our website. I will start with an overview of our business performance, and then Takis will run through the financials.

Starting with Slide 7. I'll give an overview of the quarter. We launched our new subscription pricing model for term license at the start of the year and demand has been ahead of our expectations. We signed $31 million of subscription license in the quarter, which represents, in fact, 50% of our license business and this has contributed to 16% growth in ARR, up from 14% last

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