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efecte EFECTE PLC FINANCIAL STATEMENTS BULLETIN 2020-25 FEBRUARY 2021 at 8.30 10-12 / 2020 : Efecte Plc's s Financial Statements Bulletin 2020 - Strong SaaS growth and positive EBITDA ● ● 1-12 / 2020 : ● SaaS grew by 25 % and international SaaS by 43 % EBITDA was 0.2 million euro ( -0.2 ) and operating profit 0.0 million euro ( -0.3 ) EBIT profitability improved from -9 % to 1 % COVID - 19 impact on services started to decrease Significant product release , including the Al - enabled Virtual Coach feature SaaS grew by 24 % and international SaaS by 63 % EBITDA was 0.1 million euro ( -1.0 ) and operating profit -0.3 million euro ( -1.4 ) EBIT profitability improved from -10 % to -2 % 2.3 million euro positive operating cash flow ( -0.3 ) Group key figures 1000 EUR Guidance for 2021 : SaaS net sales is expected to grow 20-24 % and EBITDA margin to be 1-4 % . Net sales EBITDA EBITA Operating profit Profit for the period Earnings per share , eur Equity per share , eur SaaS MRR 1 10-12 / 2020 4 042 171 46 41 37 0.01 0.33 808 FINANCIAL STATEMENTS BULLETIN 2020 10-12 / 2019 3 683 -242 -333 -338 -341 -0.06 0.37 640 7-12 / 2020 7 495 492 260 250 245 0.04 0.33 808 7-12 / 2019 6 955 -193 -402 -412 -415 -0.07 0.37 640 2020 14 888 126 -314 -332 -368 -0.06 0.33 808 2019 13 839 -998 -1 377 -1 396 -1 373 -0.23 0.37 640 CEO Niilo Fredrikson : Last year was special in many ways . I want to thank our customers and partners for placing their trust in Efecte . I'm also deeply grateful to our team for helping customers succeed , taking care of each other and growing the business , no matter how difficult the environment was . Together , we have been proudly building a European Alternative for the global goliaths in our space . In the fourth quarter , we continued what we did throughout the year : execute our strategy , deliver growth and improve profitability . Shipping the 2020.4 release of the Efecte service management platform was a signifi cant achievement on our journey to help service organizations digitalize and automate their work . The Al enabled Virtual Coach has already been taken into production use with excellent customer feedback . Im proved multi - language and configuration management capabilities support our international ambitions . Growing international SaaS by 63 % during 2020 was an important proof point to us , achieved through suc cessful local operations in Germany and Sweden . We have now started the second phase of our international expansion , covering new markets through digital sales and marketing combined with local partners . Signing Advatech as a partner in Poland was an important first step . In 2021 , this motion will be one of our key investment areas , and we expect to add more partners and get also the first orders in new markets during the year .