Dassault Systèmes announces IFRS unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022. The Group’s Board of Directors approved these results on February 1, 2023. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix. The audited financial statements for the fiscal year ended on December 31, 2022 will be published in March in Dassault Systèmes’ Universal Registration Document; the audit procedures are in progress.
Summary Highlights
(unaudited, IFRS & non-IFRS unless otherwise noted, all revenue growth rates in constant currencies)
- 4Q22 IFRS diluted EPS increased 39% to €0.25 as reported. Non-IFRS diluted EPS grew 20% to €0.34 as reported.
- 4Q22 Revenue increased 10% with software revenue up 9%. Recurring revenue rose 11%, driven by strong subscription growth of 18% and License and other software revenue grew 5%.
- 4Q22 3DEXPERIENCE software revenue rose 24%. Cloud software revenue increased 22%.
- FY22 IFRS EPS grew 20% to €0.70 as reported. Non-IFRS EPS increased 19% to €1.13, as reported with revenue rising 9%.
- FY22 Operating cash flow of €1.53 billion, keeping us on track to achieve deleveraging well ahead of schedule.
- FY2023 non-IFRS objectives: diluted EPS reaching €1.18-€1.20, on the trajectory to achieve our long-term financial plan, well in advance. Revenue growth of 8%-9%.
