Pexip Holding ASA
OSE:PEXIP
Pexip Holding ASA
Pexip Holding ASA delivers end-to-end video conferencing platform and digital infrastructure. The company is headquartered in Oslo, Oslo and currently employs 467 full-time employees. The company went IPO on 2020-05-14. The firm is the parent company in the Pexip Group. Pexip Holding ASA simplifies video communication across borders, businesses and platforms.The group develops videoconferencing software forcollaboration, delivered both as Softwareas-a-Service and as a software application. The products are sold to corporates and organizations in different parts of the world through partners.
Pexip Holding ASA delivers end-to-end video conferencing platform and digital infrastructure. The company is headquartered in Oslo, Oslo and currently employs 467 full-time employees. The company went IPO on 2020-05-14. The firm is the parent company in the Pexip Group. Pexip Holding ASA simplifies video communication across borders, businesses and platforms.The group develops videoconferencing software forcollaboration, delivered both as Softwareas-a-Service and as a software application. The products are sold to corporates and organizations in different parts of the world through partners.
ARR Growth: Annual recurring revenue (ARR) reached $122.2 million, up 12% year-over-year, with Secure and Custom showing 30% YoY growth.
Strong EBITDA: Q3 EBITDA was NOK 52 million (20% margin), and 12-month rolling EBITDA hit NOK 310 million (25% margin), up 74% from last year.
Cash Flow: Free cash flow for Q3 was NOK 29 million, and NOK 303 million for the past 12 months, a 45% YoY increase.
Product Innovation: Launched Pexip Connect for Google Meet hardware and expanded AI features including live translated captions in 36 languages.
Positive Outlook: Company expects Q4 ARR between $124–127 million, with ongoing positive momentum and targets of over 10% ARR growth and above 20% EBITDA margin.
US Public Sector Momentum: No major impact yet from US shutdown uncertainty; long sales cycles remain a factor for federal contracts.
Pricing: Average price increases of 5% expected for 2024, 2025, and likely 2026.
