Sidetrade: Revenue for the First Nine Months of 2025 up 13% at Constant Exchange Rates

Core Insights - Sidetrade reported a 13% increase in revenue for the first nine months of 2025, driven by a 17% rise in SaaS subscription revenue, reaching €44.4 million [1][7][8] - The company experienced a rebound in bookings in Q3 2025, with a 27% increase, narrowing the year-to-date gap in Annual Contract Value (ACV) to €7.81 million compared to €8.94 million in the same period of 2024 [1][3] - Sidetrade has been recognized for its strong ESG performance, receiving a Gold Medal from EthiFinance and ranking among the top 15% of companies assessed by EcoVadis [11][12] Revenue and Growth - For the first nine months of 2025, SaaS subscription revenue reached €38.7 million, reflecting a 17% increase compared to €33.0 million in the same period of 2024 [5][8] - The company’s new Annual Recurring Revenue (ARR) rose by 20% in Q3 2025, while services bookings increased by 30% [4] - Subscriptions from enterprise accounts with annual revenue above €2.5 billion rose by 30%, now accounting for 54% of the customer base [9] Strategic Initiatives - The planned acquisition of ezyCollect, a leading Order-to-Cash player in the Asia-Pacific region, aims to enhance Sidetrade's global presence and access to a mid-market of several million companies [2] - The rollout of agentic AI and the development of a global partner network are expected to significantly impact bookings in 2026 [4][2] International Operations - 69% of Sidetrade's revenue in the first nine months of 2025 was generated outside France, indicating a strong international growth trajectory [10] ESG Recognition - Sidetrade achieved an ESG score of 77/100 from EthiFinance, highlighting its commitment to sustainability and governance [12][11] - The company’s initiatives in human rights, diversity, responsible procurement, and carbon management have been recognized as leading practices in the tech industry [12][13]