23.02.2021 - Exasol has published its latest figures for the 2020 financial year. The database provider achieved its goals and was able to expand its annual recurring revenue (ARR) by 37 percent to €24.1 million last year. With 33 new customers, the customer base rose to a total of 195 customers at the end of 2020. The outlook for the current fiscal year is correspondingly positive: in 2021, Exasol expects further ARR growth of over 45 percent compared to 2020. Following its successful IPO and subsequent capital increase in 2020, the provider of a high-performance analytics database was able to greatly accelerate its expansion, as expected. “2020 was a challenging year that set benchmarks for Exasol. Now we look forward to shaping the next, global phase of our company’s growth”, said Aaron Auld, CEO of Exasol.
More details on Exasol‘s financials can be found here:
https://ir.exasol.com/websites/exasol/German/6100/news-details.html?newsID=2064135
