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bam buser Bambuser AB Publishes Interim Report for Q2 2021 For the second consecutive quarter , Bambuser experienced its best results since inception . In addition to strong global demand , the company continues to grow its relationships with large enterprises and conglomerates , resulting in a sales lift of +664 percent . During the quarter , Bambuser saw an increasing number of contracts with terms of 12 to 36 months , while also converting existing pilot and proof of concept agreements to long - term agreements . As a result , the Company saw a significant increase in monthly recurring revenue ( MRR ) , which grew +263 percent compared to Q2 2020. The interim report has now been published and can be found at bambuser.com/ir . During Q2 2021 , Bambuser made considerable enhancements to its product offering , while also releasing a number of feature updates and new capabilities to ensure the platform remains the most feature - rich , secure , compliant and user - friendly platform on the market . Among the most notable of these enhancements is the launch of Social Multistreaming , which enables retailers to leverage social platforms ' power for discovery at the same time they provide a seamless , secure and on - brand shopping experience . Second quarter of 2021 ( April - June 2021 ) Monthly Recurring Revenue ( MRR ) amounted to 4.61 MSEK ( 1.27 ) , an increase of + 263 % Total contract value ( TCV ) of new customer agreements grew by + 664 % to 70.3 MSEK ( 9.2 ) , of which 54.1 MSEK is guaranteed revenue . The TCV for Q2 includes multiple agreements with an activation date starting in Q3 , hence that recurring license revenue for those agreements will be reflected in the MRR starting Q3 . • Total Revenue amounted to 34.8 MSEK ( 6.8 ) whereof net sales amounted to 27.3 MSEK ( 5.4 ) , an increase of + 411 % • Adjusted EBITDA amounted to -26.9 MSEK ( -4.9 ) Earnings per share amounted to -0.21 SEK ( -0.83 ) Cash and cash equivalents amounted to 613.5 MSEK ( 145.4 ) at end of period ● First half of the year ( January - June 2021 ) • Total contract value ( TCV ) of new customer agreements grew by + 748 % to 100.1 MSEK ( 11.8 ) • Total Revenue amounted to 56.1 MSEK ( 9.5 ) whereof net sales amounted to 44.0 MSEK ( 7.2 ) , an increase of + 514 % • Adjusted EBITDA amounted to -48.8 MSEK ( -11.3 ) • Earnings per share amounted to -0.49 SEK ( -0.11 ) Cash flow from operations amounted to 43.9 MSEK ( -13.2 ) ● A comment from CEO Maryam Ghahremani " As we close the books for Q2 , all our key metrics point in the right direction . The total contract value is up by + 664 % while our MRR is up by + 263 % compared to the same period last year . Last quarter , I wrote that we had successfully converted several proof - of - concept agreements ( POC ) into long - term agreements . I'm happy to confirm that this trend is continuing . Today , most of our agreements run for 12 months . However , during the second quarter , we've also begun signing agreements with durations of 24 and 36 months . " For environmental and cost reasons , Bambuser AB has decided not to print the report . A printout may be distributed to shareholders upon request . This disclosure contains information that Bambuser is obliged to make public pursuant to the EU Market Abuse Regulation ( EU nr 596/2014 ) . The information was submitted for publication , through the agency of the contact person , on August 20 , 2021 , 07:00 CEST .