Sidetrade was up slightly on Wednesday's trading on the Paris Bourse after reporting that 2022 would be its best year ever, driven by unprecedented sales momentum.

Shares in the software company specializing in cash collection, litigation management and credit risk reduction are currently up 0.3% in a Paris market down 0.4%.

In a press release, the specialist in artificial intelligence dedicated to securing and generating corporate cash flow, reports a record order intake last year, with a gain of 36%.

Annual sales climbed by 13% to 36.8 million euros, a performance driven by strong international growth, which for the first time in the company's history accounted for 54% of total sales, with 24% already coming from North America.

Given that all its contracts are indexed to inflation, Sidetrade considers that it has excellent pricing power, protecting its revenues from uncertainties and inflationary pressures.

In addition to its solid fundamentals, the group also highlights its "very favorable" growth prospects.

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