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Placetel revenue increased from €10.6 million in 2017 to €17 million in 2018, a (59.6%) increase.

Annual Revenue ()

Placetel revenue was €16.98 m in FY, 2018 which is a (59.6%) year over year increase from the previous period.

FY, 2017FY, 2018
Revenue€10.64 m€16.98 m
Growth59.58%

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Placetel revenue breakdown by business segment: 58.0% from Software as a Service, 39.0% from Revenues from the Cost Plus Agreement and 3.0% from Other

FY, 2018FY, 2017
Software as a Service€9.85 m€7.41 m
Hardware Sales€443 k€465 k
Other Services€58 k€74 k
Revenues from the Cost Plus Agreement€6.63 m€2.7 m

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