Business
SONE: 54% customer growth and 15% ARR increase, but margins and net income declined
SONE: 54% customer growth and 15% ARR increase, but margins and net income declined
About this update from Sonetel Ab
Active paying customers grew 54% year-over-year, with ARR up 15% and net revenue up 12%. Gross margin and EBITDA margin declined, while CAC dropped sharply. Q2 is expected to remain weak due to last year’s one-time Skype effect.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.