Accessibility navigation Go to navigation Go to content
Zalaris – Investor Relations
Utilities
  • zalaris.com
Utilities
  • Why Invest in Zalaris
  • Share & Debt

    Share & Debt

    • Share price & information
    • Board and management shareholdings
    • Major Shareholders
    • Debt Financing
  • Shareholder Center

    Shareholder Center

    • Primary Insiders
    • General meetings
    • Dividends
    • Analyst Coverage
    • Share registrar and Advisors
  • Reports and Presentations

    Reports and Presentations

    • 2025
    • 2024
    • 2023
    • 2022
    • 2021
    • 2020
    • 2019
    • 2018
    • 2017
    • 2016
    • 2015
    • 2014
    • Historical Financial Information (xlsx)
    • Financial Calendar
  • Company Announcements
  • Corporate Governance

    Corporate Governance

    • Management Team
    • Board of Directors
    • Investor Relation Policy
    • Corporate Governance Policy
    • Nomination Committee
    • Articles and Associations for Zalaris
    • Whistleblowing channel
  • IR Contact
  • Why Invest in Zalaris
  • Share & Debt

    Share & Debt

    • Share price & information
    • Board and management shareholdings
    • Major Shareholders
    • Debt Financing
  • Shareholder Center

    Shareholder Center

    • Primary Insiders
    • General meetings
    • Dividends
    • Analyst Coverage
    • Share registrar and Advisors
  • Reports and Presentations

    Reports and Presentations

    • 2025
    • 2024
    • 2023
    • 2022
    • 2021
    • 2020
    • 2019
    • 2018
    • 2017
    • 2016
    • 2015
    • 2014
    • Historical Financial Information (xlsx)
    • Financial Calendar
  • Company Announcements
  • Corporate Governance

    Corporate Governance

    • Management Team
    • Board of Directors
    • Investor Relation Policy
    • Corporate Governance Policy
    • Nomination Committee
    • Articles and Associations for Zalaris
    • Whistleblowing channel
  • IR Contact
  • zalaris.com

Build-up of annual recurring revenue (ARR) continued in second quarter

26.08.2021 07:00
FacebookLinkedInTwitter
Zalaris ASA, the provider of Payroll and HR Solutions, today posted an adj. EBIT of 11.4 million and revenue of NOK 185.4 million.

Q2 highlights:

  • Revenue of NOK 185.4 million (NOK 198.4 million) – reduction mainly due to currency movements of approx. NOK 11m
  • Adjusted EBIT of NOK 11.4 million (NOK 12.7 million) – higher margins within Managed Services in the Nordics, offset by currency movements, and temporary use of external consultants within Professional Services in Germany 
  • Adjusted EBIT margin of 6.2% (6.4%) 
  • High sales activity within Managed Services, resulting in a continued build-up of future annual recurring revenue (“ARR”) through several new BPO agreements and extensions during the second quarter – total new BPO contracts awarded year-to-date have expected ARR of NOK 71 million (net ARR NOK 43 million), when fully implemented  
  • Successful completion of NOK 120.7 million equity issue, at NOK 60 per share 
  • Paid dividend of NOK 1.00 per share (NOK 19.6 million) for 2020  
  • Cash and cash equivalents of NOK 212.0 million, +NOK 83.0 million from last year

Subsequent to quarter end:

  • Completed the acquisition of ba.se service & consulting GmbH, a leading provider of payroll and HR services within the German retail sector, providing a platform for further growth in Germany and Central Europe. Ba.se will contribute annual revenue of approx. EUR 6 million based on existing contracts, of which almost 100% is ARR with favorable EBIT contribution. 

Substantial growth in recurring revenue secured:

“New BPO contracts won, and revenue from ba.se GmbH, our newly acquired company in Germany, represents an expected increase in total annual revenue for Zalaris of >10% over the next 12 months.” – says CEO and Founder Hans Petter Mellerud.  
  
Zalaris will host a webcast for all shareholders and interested parties today at 08:30 CET. There will be a Q&A session following the management presentation. 
 
The second quarter webcast will be available through ir.zalaris.com.

Zalaris ASA Q2 2021 Presentation

Zalaris ASA Q2 2021 Report

Contact:

Hans-Petter Mellerud, CEO and founder 
Mobile: +47 928 97 276 
E-mail: hans-petter.mellerud@zalaris.com

Gunnar Manum, CFO 
Mobile: +47 951 79 190 
E-mail: gunnar.manum@zalaris.com 

 
About Zalaris 

Zalaris (OSLO: ZAL) simplify HR and payroll administration, empower you with useful information so that you can invest more in people. We are a leading service provider of Human Capital Management (HCM) solutions across Europe, serving more than 1.5 million employees with an annual revenue of ~78 million Euros (2020). We hold #1 or #2 positions in most of our markets. Our consultants have more than 21 years of experience in transforming HR with our clients. Simplify work life. Achieve more. For more information, go to www.zalaris.com.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Latest Company Annoucements

  • Zalaris ASA: Notice of Annual General Meeting
  • Zalaris ASA: Another quarter with record-high revenue and EBIT
  • Zalaris ASA: Annual Report 2024
  • Zalaris ASA: Invitation to Q1 2025 webcast
  • Zalaris ASA: Record-high revenue and EBIT with 13.1% adj. EBIT in fourth quarter 2024
Go to main site: Zalaris.com
Privacy Policy
Whistleblowing channel
Contact us
Go to main site: Zalaris.com
Privacy Policy
Whistleblowing channel
Contact us

© 2025 Zalaris ASA PO Box 1053 Hoff, NO-0218 Oslo, Norway. Phone: +47 4000 3300.

SAP LOGO
linkedin youtube instagram