Wroclaw based LiveChat Software reported net profit rise by 48.1% in the H1 2016FY (April 1st – September 30th). Company reported a net profit of PLN 18.83 mn vs PLN 12.71 mn in the previous year.
Consolidated revenues rose by 45.9% to PLN 34.55 mn, while EBIT increased by 48.5% to PLN 23.41 mn and EBITDA by 48.0% to PLN 24.16 mn.
“Our customer base is growing at very fast pace, while revenues and profits are rising even faster. This is possible thanks to the fact that our organization is very efficient”, said Mariusz Cieply CEO of LiveChat Software.
LiveChat Software is listed on Warsaw Stock Exchange. Company is one of the three world’s largest “live chat for business” software vendors. Companies and institutions use LiveChat solution for the direct contact with people visiting their websites, including sales support. The solution offers various tools that allow for the site traffic analysis to check customer behaviour and quality of work. LiveChat Software offers its solution in a SaaS model (Software as a Service). It is global company focused on the US market, the Polish market producing only a few per cent of sales. As the regular customers, company can include small on-line stores and big global brands such as Orange, Hulu, Stripe, Ikea, Sony Mobile, Play, Adobe, Samsung, Tele2, Kaspersky Lab, Pizza Hut and Air Asia. The LiveChat solution is also used by universities or public institutions, such as the US Department of State.