FIQAS Software does well again in the Main Software 50 – edition 2017, and confirms its position among the most successful independent Dutch software enterprises. The good score of FIQAS in this year’s Main Software 50 is based on the figures for 2016, a year in which the FIQAS result grew by nearly 10%, thanks in particular to the recurring turnover. For 2017 a healthy growth in both turnover and results is forecast as well.
Last week, the Main Software 50 was announced, a ranking of independent, unlisted Dutch software companies by Main Capital Partners, an investment company specializing in the software industry. This ranking, which appears each year on the basis of the figures for the year before, aims to make the Dutch software sector more visible to the larger public. The ranking is based on criteria such as revenue (size and growth), quality of sales (recurring vs one-off), degree of internationalization and partner strategy.
The Main Software 50 2017 edition illustrates that Dutch software companies grew significantly in sales volume (up>5%), internationalization, profitability and employment in 2016. With this, the Dutch software industry is an important, innovative driver of Dutch economic growth. FIQAS scores particularly well in turnover quality, with a recurring revenue share way above the already high industry average.
By now, FIQAS is a well-known party in the Main Software 50. In 2013 and 2016, FIQAS was on the list as well, based on the 2012 and 2015 performances respectively. The fact that FIQAS is on the list for the second consecutive year is not self-evident, because 20 out of 50 software companies that were in the top 50 last year were missing this year. In addition, there was a record number of entries this year. “For participants, it is increasingly difficult to make the cut“, says Main Capital Partners, which makes this year’s FIQAS listing even more significant.