ArCHIVE

Annual Report 2011

In transition from a software company to a service company: Basware focused its strategy, updated its organization, and developed its services and solutions. The shift of demand from license sales to solutions provided as services continued. Net sales amounted to EUR 107.8 million and operating profit to EUR 12.3 million.

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Annual Report 2010

Basware developed from local software company into an internationally recognized service company. The year 2010 was a successful one for the company: Basware's net sales for 2010 were EUR 103.1 million and operating profit EUR 13.5 million.

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Annual Report 2009

The year 2009 was one of success for Basware. the company developed a new thriving business concept, reached all-time record profitability and net sales, and increased its net sales under challenging market conditions. Net sales amounted to EUR 92.7 million and operating profit to EUR 11.8 million.

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Annual Report 2008

Basware achieved record-high profitability under challenging market conditions. The company strengthened its position as a leading supplier of Purchase-to-Pay solutions in all of its strategic market areas. In 2008, Basware’s net sales amounted to EUR 86.1 million and operating profit to EUR 8.7 million.

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