BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - TeamViewer AG (TMVWF.PK, TMVWY.PK) said, according to preliminary figures, fourth quarter total billings grew 32% at constant currencies. The total subscriber base grew to 584 thousand at year-end from 464 thousand at prior year-end.
TeamViewer expects 2020 billings of around 460 million euros and an adjusted EBITDA margin of around 56%. Excluding Ubimax, the company projects organic billings of around 456 million euros ahead of guidance.
The company will publish its full fourth quarter and preliminary fiscal year 2020 results on 9 February 2021.
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