Sectra is reporting increased revenue for the 2024/2025 fiscal year, including sharp increases in the fourth quarter (end-April 30, 2025).
For the fiscal year, the company reported that recurring revenue accounted for 2,067.4 million Swedish krona ($216 million U.S.) of net sales, up 20%. Cloud recurring revenue, meanwhile, increased by 49% to 591.1 million krona ($62 million).
For the fourth quarter alone, recurring revenue accounted for 574.6 million krona ($60 million) of net sales, up 24%. And cloud recurring revenue for the quarter increased 62% to 184.1 million krona ($19 million).
Sectra said that record-breaking order bookings contributed to these increases, but it cautioned that decreased license sales in imaging IT will dampen sales growth.
