Investors Relations

Q1 FY2023 Revenue publication

OVHcloud published its Q1 FY2023 Revenue on January 13th, 2023.

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The leading European cloud

OVHcloud is the leading European cloud services provider, uniquely positioned to capitalize on the rapidly growing cloud market.

The Group provides business customers with a comprehensive suite of solutions designed to capture growing demand for multi-cloud and hybrid cloud strategies, while meeting the surging demand for data sovereignty and trusted cloud solutions.

Founded by Octave Klaba in 1999 and led by CEO Michel Paulin, OVHcloud provides 1.6 million customers[1] – composed largely of SMBs, large and tech enterprises, as well as the public sector – with a comprehensive suite of solutions in private, public and web cloud, leveraging its global network of 33 data centers, hosting 450,000 servers across 4 continents.

With more than 2,800 employees, OVHcloud operates a vertically integrated model, giving the company full control over the value chain and allowing it to combine market-leading performance, price predictability, full flexibility and scalability. With its differentiated strategy to design and manufacture its own servers, OVHcloud is a pioneer in sustainable cloud with a steady track-record of innovation in eco-friendly technologies.

In FY2022[2], OVHcloud revenues were €788 million, adjusted EBITDA[3] €308 million and current EBITDA €277 million. OVHcloud also successfully pursued its international expansion strategy, with 51% of its revenues outside France in FY2022.

[1] Number of customers who generated revenue at least once in FY2022.

[2] Fiscal year ended August 31.

[3] Adjusted EBITDA means current EBITDA adjusted to exclude share-based compensation expenses and expenses resulting from the payment of earn-outs.

Key figures 2022

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Calendar

13 January 2023: First quarter FY2023 revenue
16 February 2023: Annual Shareholders’ Meeting
19 April 2023: FY2023 half-year results