Sidetrade Revenue Grows 12% in First Nine Months of 2025
Annual Contract Value (ACV) bookings rose 13% in the first nine months of 2025, with a 27% rebound in Q3 narrowing the year-to-date gap. SaaS subscription revenue increased 17%.
Sidetrade, a provider of AI-powered Order-to-Cash applications, reported on Tuesday that its revenue increased by 12% year-over-year for the first nine months of 2025, reaching €44.4 million. The growth stood at 13% at constant currency.
Revenue from SaaS subscriptions saw a significant 17% rise, totaling €38.7 million. Despite a challenging economic environment that impacted new project signings in the first half of the year, the company's Annual Contract Value (ACV) bookings decreased by 13% to €7.81 million compared to €8.94 million in the same period last year. However, a 27% rebound in Q3 bookings helped to narrow the year-to-date gap.
The recovery observed in the U.S. market during the third quarter offers optimism for the coming periods, according to CEO Olivier Novasque. He also highlighted the company's strategic expansion plans, including the proposed acquisition of ezyCollect in the Asia-Pacific region, which would extend Sidetrade's presence to three continents.
The company also received external recognition for its Environmental, Social, and Governance (ESG) performance. Sidetrade was awarded a silver medal by EcoVadis, placing it in the top 15% of assessed companies. Additionally, EthiFinance granted Sidetrade a gold medal for its ESG score.