Financial release
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Q1 2022-2023 revenue

A return to growth

  • Q1 2022-2023 revenue: €96m (+10%)[1]
  • Avanquest’s revenue surges 20%1 (+15% excluding PDFforge)
  • Positive trend for PlanetArt 1


“For the first quarter of FY 2022-2023, Claranova confirms the positive momentum for its different businesses with quarterly revenue up 10% to nearly €100m. New customer acquisition channels developed by PlanetArt’s teams have started to deliver promising results. The Avanquest division is driving growth as it continues to build momentum based on a virtuous SaaS[2] business model and PDFforge’s initial contributions. And finally, the marketing and deployment of myDevices’ IoT solutions are continuing to be ramped up. In this inflationary economic context, our Group remains vigilant and continues the thorough work to ensure that this positive trend is confirmed at the end of the year, a key period for Claranova,” said Pierre Cesarini, CEO of Claranova.

Claranova announces its return to growth in Q1 2022-2023 (July-September 2022) with revenue up 10% at actual exchange rates compared to last year to €96m. All Group businesses contributed to growth in revenue.


[1] At actual exchange rates.

[2] Software as a Service.

Financial Release