IT company Freja eids net sales within the Freja eID segment rose by 49 percent to SEK 14.4 million (9.7) during the third quarter.
Annual recurring revenue, ARR, increased by 33 percent to SEK 51.7 million (38.9). The number of subscription customers rose by 29 percent to 641 and the number of registered users increased by 25 percent to 1.88 million.
Net Revenue Retention, NRR, fell to 122 percent (131), while Gross Revenue Retention, GRR, was unchanged at 96 percent.
The company will publish its quarterly report on November 5.