Esker's on-demand solutions (Esker on Demand) australia telegram users mobile phone number list continued to grow at a steady pace of 21%, accounting for just over half (52%) of the company's business in this quarter. As a result of the strategy defined back in 2005, Esker was one of the first software manufacturers to incorporate cloud computing into its solutions.
Growth in the United States
With a 16% growth in the first quarter of 2012, the American market is the main driver of Esker's results. Companies in this country continue to invest heavily in the company's technological solutions, which is allowing them to increase margins and contain their personnel costs while improving the service they offer to their customers and partners.
Strong sales in this period of the year, together with strict cost controls and a slight rise in the dollar, have allowed Esker to obtain an increase in its operating profit compared to the first quarter of 2011. Taking March 31, 2012 as the date, the company's net income stood at 11.4 million euros, compared to 8.9 million as of March 31, 2011.
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Factors such as recurring revenues (around 70%) from contracts with its customers, as well as the sustained pace of new contracts signed, allow Esker to expect growth of around 10% during the 2012 financial year, a trend confirmed by this quarter's results. Furthermore, the progressive growth in sales, together with strict cost control, will allow the company to continue generating positive operating results.
About Esker
Esker is one of the world's leading manufacturers of document process automation and dematerialization solutions for document management.
