Lleida.net's SaaS services grew steadily in Q3 2023
16 Ottobre 2023 - 7:45AM
Lleida.net's SaaS services grew steadily in Q3 2023
Madrid, October 16 - Spanish-listed company Lleida.net (BME:LLN)
(EPA:ALLLN) (OTCQX:LLEIF) today announced its Q3 2023 production
data preview, emphasizing sustained growth in various Software as a
Service (SaaS) offerings.The company saw growth in nearly all
business lines, underscoring the robustness of its technological
solutions.A standout during the quarter was the category involving
standard contracts, which registered an increase of 33.30%,
totaling approximately 800,000. The contracting activities of
telecommunications companies and financial institutions in Latin
America propelled this rise.During this quarter, the count of
circuits used for API electronic contract signatures increased by
13% compared to the same period last year, surpassing the 1,000
mark for the first time. Europe's telecom and real estate sectors
and consumer finance companies in Latin America mainly contributed
to this growth.The category of non-standard circuits also saw an
increase of 19.81%, amassing over 1.1 million transactions.
Insurance contracts in Europe and credit card issuance in Spain
spearheaded this upswing.However, the number of unique users
engaging with the registered email service decreased by 18% to
1,653, compared to the same period last year. Traffic was largely
driven by notifications related to infrastructure services and
insurance.In September alone, the throughput for registered email
exceeded 426,000, averaging around 258 messages sent per user per
month.There was a minor decrease in registered SMS traffic compared
to Q2 2022, primarily used by insurance and utilities companies in
Europe. Approximately 1.96 million registered SMS messages were
sent during this period using Lleida.net's technology.Lleida.net,
founded in 1995, first went public in Madrid in 2015. It later
executed a dual listing on Euronext Growth Paris in 2018 and OTC
Markets in New York in 2020.The company has accrued 303 patents in
over 60 countries, solidifying its position as an innovator in the
fields of registered electronic signatures, notifications, and
contracting.
DISCLAIMERThis press release contains statements regarding the
future of the Lleida.net company and its innovations.
Statements regarding the future may be accompanied by words such as
"anticipate", "believe", "estimate", "wait", "anticipate",
"pretend", "power", "plan", "potential", the use of future time and
other terms of similar meaning. No undue reliance should be placed
on these claims. These statements involve risks and uncertainties
that could cause actual results to differ materially from those
reflected in such statements, including uncertainty of the
company's commercial success, ability to protect our intellectual
property rights, and other risks. These statements are based on
current beliefs and forecasts and refer only to the date of this
press release. The company assumes no obligation to publicly update
its forward-looking statements, regardless of whether new
information, future events or any other circumstance arise
.
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