ClearSale’s $15.5 Million in New Sales Part of Strong Q4 Earnings Report
The Floridant/10232397

~ ClearSale, a global business intelligence and risk prevention provider, has released its financial results from the fourth quarter of 2022, showing a 15.1% increase in Net Revenue over the same quarter of 2021. The company's impressive end of year earnings totaled more than USD$102 million, with an 11.4% increase over 2021.

The company shifted strategy to balance growth with profitability, resulting in a 15.1% growth rate in Q4 of 2022, compared with Q1's 7.6% growth rate. ClearSale EVP and Partner Rafael Lourenco noted that this equilibrium strategy gave them "historic movement in growth and acquisition of new customers" as well as the lowest churn rate in the organization's history.

The company also adjusted its organizational structure into three business units - Ecommerce, Application Fraud, and New Ventures - each responsible for P&L, product development, customer success and more within the group to support greater agility and increased focus on the customer.

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ClearSale was recognized for its success by being listed on Great Place To Work (GPTW) rankings for 12 consecutive years as well as receiving a GPTW Woman ranking. EXAME magazine also awarded them Silver in the Best Performance Award at the Financial Innovation event in Sao Paulo in November for being among the best companies in the financial services category.

Eduardo Monaco, recently named CEO at ClearSale said "It's important to us that while we focus on growth and profits we remember that our core is people - our customers and our amazing team at ClearSale who make all of this possible."

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