Earnings release
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ESKERⓇ Esker 2021 Half - Year Results Dynamic growth and increased profitability thanks to strong performance of cloud - based activities LYON , France , and MIDDLETON , Wis . - September 14 , 2021 SALES VALUE IN THOUSANDS OF € OPERATING INCOME CURRENT INCOME NET INCOME BEFORE TAXES NET INCOME VALUE IN THOUSANDS OF € SHAREHOLDERS ' EQUITY NET CASH POSITION 1H 2021 * 64,350 9,128 9,195 9,873 7,575 06/30/2021 71,579 28,334 * Accounts prepared under French accounting standards ( CRC 99-02 ) and unaudited 1H 2020 * 54,240 6,206 6,002 7,028 5,423 12/31/2020 65,412 PRESS RELEASE 25,277 CHANGE IN % + 19 % + 47 % + 53 % + 40 % + 40 % CHANGE IN THOUSANDS OF € +6 , 167 +3,057 Accelerated growth with global recovery and sales success Esker's 2021 half - year sales revenue grew 22 % based on constant exchange rates ( + 19 % based on current rates ) . Growth continued to be driven by the continued success of cloud - based solutions , which grew 26 % to 49.5 million euros , representing close to 77 % of total company revenue . Professional implementation services grew 13 % to represent 17 % of the company's business . The high number of deals closed since Q4 2020 will result in an acceleration in implementation services growth . The performance of traditional license - based products and legacy products recorded a slight recovery ( + 6 % ) and now represent only 6 % of total revenue . The growth in cloud - based revenue comes from sales success achieved in 2020 and 2021 , and the renewed use of Esker's platform by its customers as they gradually emerge from the COVID - 19 pandemic . Contracts signed since July 1 , 2020 accounted for 37 % of cloud - based activity growth in the first half of 2021 , with the remainder coming from contracts signed prior to this date .