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July 2, 2023

Macrobond sets more records in the second quarter

Extending its technological lead over the competition, Macrobond significantly expanded its customer base.
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Macrobond, a top innovator in the financial data and technology industry, is excited to announce an incredible performance in the second quarter.

Sales rose almost 50 percent year-on-year – the best second quarter, by a comfortable margin, in Macrobond’s 15-year history. This outstanding accomplishment is a direct result of our commitment to both cutting-edge technology and data, offering innovative solutions that go beyond customer expectations and provide unmatched value.

Here are the key highlights from Q2:

  1. Surging revenue: Macrobond’s net sales grew 47 percent, surpassing the previous second-quarter record set last year. Annual recurring revenue growth (ARR) on a last-twelve-months (LTM) basis was 34 percent. This achievement demonstrates the strong demand for our technologically advanced products and services.
  2. Significant market expansion: Macrobond solidified its market-leading position by attracting an impressive list of new clients.
  3. Increased customer satisfaction: Our solutions feature user-friendly interfaces, seamless workflows, and exceptional performance, ensuring that our clients efficiently and effectively achieve their business objectives.

Howard Rees, Chief Commercial Officer, said: “It's fantastic to win so many new clients, but I am equally thrilled to see our existing customers boost their productivity even further by embracing more of our products. As we add high-quality staff in every region to cope with unprecedented demand, I’d like to extend a big thanks to our sales and marketing team, who consistently deliver these astonishing results.”

Tomas Liljeborg, Chief Executive Officer, said: "Our continuous focus on technology, data, and customer service has made us the preferred choice for firms seeking to enhance the efficiency of their research workflows. I am particularly delighted to see the growing adoption of our data feed solutions. Even traditional fundamental investors are implementing quantitative techniques, becoming “quantamental” investors – and our rich metadata, deep point-in-time history and robust, flexible delivery options make Macrobond the obvious choice.”

About Macrobond

Macrobond is a leading provider of global economic, aggregate financial and sector time-series data for professionals including economists, analysts, quants, strategists, portfolio managers and asset allocators. Founded in Malmo, Sweden, in 2008, its flexible SaaS solution delivers timely macroeconomic and financial data from more than 2,500 sources, supported by the most comprehensive metadata in the industry. Macrobond’s integrated analytical tools enable customers worldwide to quickly find, analyse and visualise relevant data. Automated workflows empower users to instantly share insights, enhancing enterprise-wide collaboration and improving productivity.

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