Nitro Software Ltd Company Profile

The World's First Document Productivity Platform

Nitro Software is a global document productivity software company accelerating digital transformation in a world that demands the ability to work from anywhere, anytime, on any device.

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    Nitro Software Ltd
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    IT Services
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    IT Consulting & Other Services
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Company Overview

Nitro Software (ASX:NTO) Limited operates as a document productivity software company in Australia and internationally. Nitro enables organisations to drive better business outcomes through 100% digital document processes and fast, efficient workflows. The Nitro Productivity Platform offers comprehensive business solutions, including powerful PDF productivity, unlimited eSigning and industry-leading analytics, all supported by a superior customer success team.

Nitro has over 2.8 million licensed users and 12,000+ Business customers in 155 countries, including over 68% of the Fortune 500 and three of the Fortune 10. Nitro is headquartered in San Francisco with hubs in Toronto, Dublin, London, and Melbourne.

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Scaling Digital Workflows and Boosting Productivity for Leading Global Organisations

Nitro has over 2.8 million licensed users and 12,000+ Business customers in 155 countries, including over 68% of the Fortune 500 and three of the Fortune 10. The Company is well placed to seamlessly provide productivity and efficiency solutions to the market-leading companies of tomorrow.
Prime Market Positioning

Nitro Software has penetrated 68% of the Fortune 500 companies and whilst initial involvement with these companies may be small however it provides opportunity to scale up with these customers.

Strong Subscription and Revenue Growth

Nitro Software reported a subscription ARR compounding annual growth rate (CAGR) of 60% and a subscription revenue CAGR of 63%.

Large and Growing TAM

Nitro’s Productivity Suite and Nitro Sign’s Total Addressable Market (TAM) has grown to ~$28B with ~$11B and ~$17B addressable to each segment, respectively.

Latest Presentation

Click here to view Nitro Software's latest Presentation

Solid Revenue and ARR Trajectory

Nitro Software posted an FY 2021 revenue of $50.9 million, with $46.2 million being attributable to annualised recurring revenue, which has grown by 62% year-on-year (YoY). Subscription-based revenue has also grown by 59% YoY and had a closing cash balance for the period of $48.2 million.

The Acquisition of Connective Overview

View an in-depth overview of the Connective Acquisition

Strategic Acquisition of Connective

Nitro Software has secured an agreement to acquire 100% of Connective, a leading, privately-owned European eSign Company. Connective provides enterprise-grade eSigning solutions for 1,000+ customers that require high levels of trust, security and regulatory compliance.

...And High-Trust Signing is Becoming the New Standard

High-trust signing is common in Europe and for many high-value transactions worldwide as customers demand better security, compliance, and higher levels of legal assurance.

Directors & Management

The big-picture thinkers who take Nitro to new heights.
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Sam Chandler
Co-Founder & Chief Executive Officer
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Kurt Johnson
Executive Chairman
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Gina O'Reilly
Chief Operating Officer
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Sam Thorpe
Chief Product Officer
Clock icon Information current at 23 February 2022

Company Videos

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