Strong Cash Flow and Leverage Reduction
Sinch reported SEK905 million in cash flow from operating activities for the quarter and SEK2.9 billion for the full year. The leverage ratio improved to 1.5 times net debt to adjusted EBITDA from 2 times a year ago.
Successful Cost Savings
The company achieved SEK352 million in gross savings on a run rate basis, surpassing the original target of SEK300 million.
Expansion in Enterprise and Product Offerings
Sinch engaged in enterprise expansion, launched Sinch Engage in new markets, and saw growth in new messaging technologies like RCS and email.
Positive Developments in EMEA
EMEA delivered 2% organic net sales growth and a 13% increase in gross profit year-over-year, showing strong API Platform performance.