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Kinaxis Inc. Reports Fourth Quarter 2020 Results SaaS revenue grows 24 % to $ 39.8 million in fourth quarter , and grows 25 % for the year Adjusted EBITDA ( ¹ ) margin of 11 % in fourth quarter , and 24 % for the year OTTAWA , CANADA , MARCH 3 , 2021 – Kinaxis® ( TSX : KXS ) , the authority in driving agility for fast , confident decision - making in an unpredictable world , today reported results for its fourth quarter and year ended December 31 , 2020. All amounts are in U.S. dollars . All figures are prepared in accordance with International Financial Reporting Standards ( IFRS ) unless otherwise indicated . ● " We are pleased to report another very strong quarter and year . We met or exceeded every aspect of our initial guidance for 2020 , which pre - dated the pandemic - truly an impressive accomplishment by the Kinaxis team given the circumstances . I am also extremely pleased that we saw a return to strong sales momentum in Q4 , when quarterly bookings of incremental subscription business and new customer wins were near all - time highs and included some truly iconic brand names . Separately , we were recently positioned furthest on the Completeness of Vision axis in the Leaders quadrant of the 2021 Gartner Magic Quadrant for Supply Chain Planning Solutions , " said John Sicard , President and CEO of Kinaxis . " The COVID - related incremental booking delays we experienced earlier in 2020 have been reflected in our fiscal 2021 guidance . With the continued recovery of a more normal business environment , we expect our current momentum and positive outlook to drive a return to higher growth for 2022 and beyond . Our year - end sales pipeline grew more than 40 % from 2019 , as manufacturers continue to recognize the urgency in driving hyper - agility in their supply chain . We made some key strategic investments in 2020 , both organically and by acquisitions , which will better enable us to execute on our growing pipeline , accelerate our product innovation , and exceed the needs of our growing customer base . " Q4 2020 Highlights $ USD thousands , except as otherwise indicated Total Revenue Gross profit Profit Subscription term license Professional services Maintenance and support SaaS Adjusted EBITDA ( ¹ ) Cash from operating activities Q4 2020 54,945 39,815 1,948 11,334 1,848 34,841 ( 63 % ) -1,586 ( - $ 0.06 / diluted share ) 6,095 ( 11 % ) 3,200 Q4 2019 56,312 32,006 12,120 8,931 3,255 41,440 ( 74 % ) 7,831 ( $ 0.29 / diluted share ) KInAXIS 18,134 ( 32 % ) 8,025 Change -2 % 24 % -84 % 27 % -43 % -16 % -120 % -66 % -60 % 1