Report
Milan Radia

Artificial Solutions (ASAI.SE): 2Q’19 results – customer wins, accelerating order intake

Artificial Solutions’ 2Q results announcement for the three months ended June 2019 confirmed strong progress on major client wins, usage revenue growth and new engagements with major Systems Integrator (SI) partners. Order intake growth of 200% was driven not only by direct and indirect customer wins, but also by contract extensions and renewals from the existing customer base. The completion of the SEK65.7m (€6.1m) fundraising in early July provides funding for future growth to meet customer demand. Consistent strategic execution is facilitating the establishment of Artificial Solutions as a recognised international leader in the conversational AI segment.
Provider
Hardman & Co
Hardman & Co

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Analysts
Milan Radia

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