Generix SA announced unaudited sales results for the fourth quarter and full year ended March 31, 2016. For the quarter, the company reported software revenues of EUR 10,691,000 against EUR 9,775,000 a year ago. Revenues were EUR 15,825,000 against EUR 14,270,000 a year ago.

For the year, the company reported software revenues of EUR 39,393,000 against EUR 36,001,000 a year ago. Revenues were EUR 58,385,000 against EUR 53,665,000 a year ago.

The group will continue to record a substantially positive EBITDA and will be able to pay for its transformation to SaaS out of the revenue stream for 2015.