Withsecure interim report 1 january – 31 march 2025: elements arr growth continued, 70% arr growth for cloud protection for salesforce

Withsecure corporation, interim report 1 january – 31 march 2025, 25 april 2025 at 8.00 eest withsecure interim report 1 january – 31 march 2025: elements arr growth continued, 70% arr growth for cloud protection for salesforce highlights of january – march 2025 (“first quarter”) annual recurring revenue (arr)1 for elements cloud products and services increased by 8% to eur 86.6 million (eur 80.5 million) elements cloud arr increase from previous quarter was 4% net revenue retention (nrr) for elements cloud was 103% revenue for elements cloud increased by 6% to eur 21.9 million (eur 20.6 million) adjusted ebitda for elements company was eur 0.9 million (eur 0.7 million, restated) arr for cloud protection for salesforce increased by 70% to eur 13.9 million (eur 8.2 million) net revenue retention (nrr) for cpsf was 133% operative cash flow of the first quarter was eur -2.6 million (eur -2.4 million) items affecting comparability (iac) of adjusted ebitda were eur -0.2 million (eur +0.1 million). annual recurring revenue (arr) of cloud products is calculated by multiplying monthly recurring revenue of last month of quarter by twelve.
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