SimCorp Results Presentation Deck
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Cost development
Comments
Cost of sales increased by 15.6% y-
o-y due to planned investments,
higher level of business activity and
an internal restructuring made in Q2
2021, moving staff from product
division to business support
ā
ā
Sales and marketing costs increased
25.7% y-o-y driven by higher travel
and meeting activities and higher
sales commission fees due to higher
order intake in the quarter
Cost in Q1 2022 was as expected
impacted by investments in the
future, including investments in new
SaaS offers such as Investment
Accounting Services (IAS)
Incurred exceptional cost of EUR
0.8m in relation to helping our
Ukrainian colleagues and their
families
Costs split
(EURm)
Cost of sales
R&D costs
Sales and mkt. costs
Administrative costs
Total operational costs
Q1 2022
52.5
24.7
13.7
8.5
99.4
Q1 2021
45.4
23.3
10.9
6.6
86.2
O Simcorp 2022
y-o-y y-o-y (LC)
15.6%
6.0%
25.7%
27.3%
21
15.3%
15.6%
5.9%
26.4%
28.4%
15.3%View entire presentation