Woodpecker builds on its SaaS model; shares up 50% on NewConnect since January

Woodpecker expects a strengthening of the upward trend in acquiring customers throughout 2022, according to the statements of President Mateusz Tarczyński.

“The last quarter was a period of intense work of the entire team. We continue the development we desire, both by acquiring new and greater involvement of existing customers. We are pleased with the increase in ARPA as it means that customers clearly see the value of our application, “said Tarczyński.

In the fourth quarter of 2021, ARPA amounted to USD 117 compared to USD 83 in the comparable period of 2020 and USD 110 in the quarter preceding the analyzed period.

As a result, the technology company operating in the SaaS model achieved a net profit of PLN 1.046 million in Q4 2021, which was a 221% better result y / y. Sales revenues in the analyzed period amounted to PLN 3.95 million, which is a result 42.7% better than in the previous year, it was added in the information.

Woodpecker supported small and medium-sized enterprises from 90 countries in the fourth quarter. During this time, he put his clients in contact with 57 million people. The largest absolute growth in the number of customers was recorded in Poland, Germany, Great Britain, the Czech Republic and Cyprus. The largest percentage increase in revenues was in Spain and Canada.

Woodpecker.co is a technology company listed on NewConnect that provides software in the SaaS model, which helps to increase the efficiency of business development through intelligent automation of business communication processes.


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