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Techstep Q1 2023 financial results

Q1 2023 was public tender intensive and showed positive development in Techstep‘s underlying business, with growth in recurring revenue and improving profitability.

We see growing interest in Techstep‘s products, both from the private and public sector, but conversion to actual sales has been slower than anticipated in the quarter. We are addressing this with stronger focus on sales execution, upcoming product launches and continuous improvement of our processes and go-to-market approach.

Here you find more information on our Q1 2023 results:

→  Watch the Q1 presentation
→  Watch the Q&A session
→  Read the report

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Techstep at a glance

Please see latest quarterly report for more information.
1 269m

Total revenue (NOK, LTM)

312m

Recurring revenue annualised (NOK)

113m

ARR on Own Software (NOK)

363m

Net gross profit (NOK, LTM)

-10m

EBITA adj. (NOK, LTM)

Investor information

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Techstep is a complete mobile technology enabler, making positive changes to the world of work; freeing people to work more effectively, securely and sustainably.

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Annual and sustainability report

Techstep's annual report 2021

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Work smart. World smart.

At Techstep we believe in the power of technology to drive positive change. For us that means freeing people up to work in smarter ways, making them happier and more productive employees. We use and manage mobile technology in ways that make work more sustainable for all our futures.

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Techstep is committed to creating a real impact that benefits society

Our services and solutions benefit workers, enterprises, society and our planet. We have made a commitment to responsible use of resources and our business model is built to reduce our environmental footprint.