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QPR QPR Software Half Year Financial Report January - June 2021 QPR SOFTWARE STOCK EXCHANGE RELEASE , August 4 , 2021 AT 9.00 AM Improvement in net sales and operating profit January - June 2021 Net sales amounted to EUR 5,042 thousand ( January - June 2020 : 4,830 ) , growth 4 % . SaaS net sales as well as consulting and software license net sales increased . Software maintenance net sales decreased . International net sales represented 49 % of Group net sales ( 47 ) . | EBITDA increased to EUR 569 thousand ( 330 ) . 1 Operating result ( EBIT ) amounted to EUR 11 thousand ( -339 ) . Earnings per share EUR -0.005 ( -0.026 ) . April - June 2021 | Net sales amounted to EUR 2,138 thousand ( April - June 2020 : 2,041 ) . Net sales increased 5 % , driven by growth in international net sales ( + 14 % ) . | SaaS net sales as well as consulting and software license net sales increased . Software maintenance net sales decreased . EBITDA amounted to EUR 3 thousand ( -60 ) . | Operating result ( EBIT ) amounted to EUR -275 thousand ( -384 ) . 1 Operating expenses remained on the same level as in previous year . Outlook for the full year 2021 remains unchanged . Business operations QPR Software's mission is to make customers agile and efficient in their operations . We innovate , develop , and sell software aimed at analyzing , monitoring , and modeling operations in organizations . Furthermore , we offer customers consulting services related to our software . Outlook for 2021 ( unchanged ) The exceptional circumstances caused by the pandemic continue to have an impact on our business , but we are already seeing signs of normalization in software purchase decisions . Based on actual sales performance in 2021 and current sales funnel , QPR expects net sales to grow in 2021 ( 2020 : EUR 8,971 thousand ) . QPR plans to moderately increase its sales , marketing and product development costs this year . Despite the planned increase in costs , the Company estimates EBITDA and operating result to improve compared to 2020 . KEY FIGURES April- EUR in thousands , April - June , June , Change , Jan - June , Jan - June , Change , Jan - Dec , unless otherwise indicated 2021 2020 % 2021 2020 % 2020 Net sales 2,138 2,041 5 5,042 4,830 4 8,971 EBITDA 3 -60 104 569 330 72 248 % of net sales 0.1 -3.0 11.3 6.8 2.8 Operating result -275 -384 28 11 -339 103 -936 % of net sales -12.9 -18.8 0.2 -7.0 -10.4 Result before tax -283 -378 25 -78 -342 77 -952