Fatman reports FY2022 results; launches new application for industrial machine builders
Fatman’s revenue increased by 3 percent to 3.3 million euros in the fiscal year ending 30 November 2022. Operating profit was 224 000 euros and the average number of employees 27.
During 2022, Fatman Frame was taken into use by several large organizations in Finland, Sweden, and Germany. In addition to a group of publicly listed companies that selected Frame as their IFRS 16 reporting system, there were some major real estate owners/managers and chain business operators who chose Frame to support their maintenance and contract management operations.
As the Frame business unit continued its steady growth, FY2022 also marked the release of fter, a brand new application that helps industrial machine builders to manage their products and grow their after sales business. Customers can monitor their installed base, manage their maintenance operations, and invoice their work and spare parts – the whole after sales process can be operated centrally in fter.
Going forward, Fatman will continue to focus on Frame as its leading brand in the Finnish market while sales and marketing efforts for fter will be focused on Central Europe and Benelux. Please see fter.io for more information.