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French software maker Esker targets Nasdaq listing

2022-03-25T19:28:55.763Z


The Lyon-based company wants to develop its economic model to move closer to fintech status. Esker continues his atypical career. The French software publisher combines growth and profitability. “It's not very fashionable to make money, but we believe in it! This has been our economic model for thirty-five years ,” laughs Emmanuel Olivier, CEO of Esker, in a thinly veiled criticism of start-ups that spend lavishly to boost their growth. Read also These French companies that broke growth


Esker continues his atypical career.

The French software publisher combines growth and profitability.

“It's not very fashionable to make money, but we believe in it!

This has been our economic model for thirty-five years

,” laughs Emmanuel Olivier, CEO of Esker, in a thinly veiled criticism of start-ups that spend lavishly to boost their growth.

Read also

These French companies that broke growth records in 2020

The group ends the year 2021 with a turnover up by 20%, at 133.6 million euros and generates a net profit of 14.3 million (+ 24%).

“Our profitability reflects our way of making our model last and maintaining our autonomy

,” adds Emmanuel Olivier.

Esker, listed on the Paris Stock Exchange, is what is called a technological nugget.

It has a market capitalization of 1.17 billion euros, regular double-digit growth and a duplicable economic model.

It generates two-thirds of its turnover outside France, including 38% in the United States...

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Source: lefigaro

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