Iconixx Announces Record Financial Results for the trailing 4 quarters ending Q2 2016 vs Q2 2017

AUSTIN, Texas--Iconixx, the industry leader in enterprise-class Sales Performance Management (SPM) solutions, today announced an increase in performance for the trailing 4 quarters ending Q2 2016 vs. Q2 2017.

“It is promising to see the continuous increase in total booking over the past two years,” said William Getchell, Chief Financial Officer of Iconixx. “With this solid momentum, we will continue to focus on customer success to keep the trend lines moving in the right direction.” 

Iconixx reported the following results:

Total Booking increased by 33%

Average Contract Value (ACV) increased by 59%

Booked Average Subscription revenue increased by 65% 

Average Recurring Revenue (ARR) increased by 24 %

“It is encouraging to see the improvement in company performance over the past periods ,” said Derrik Deyhimi, Chief Executive Officer of Iconixx. “Based on this solid momentum, we will continue to focus on customer success to keep the trend lines moving in the right direction. Iconixx is setting new standards for the customer success life cycle in the SPM and CPM space."

About Iconixx

Iconixx offers an enterprise-class sales performance management solution enabling organizations to align their corporate strategy and planning with sales execution. Our highly configurable and scalable, cloud-based solution allows for improved operational efficiencies delivering commission payout accuracy with multiple currencies, plan modeling and optimization, quota and territory management, dependable forecasting, advanced analytics, and regulatory compliance. Organizations are able to budget and plan more efficiently, increase sales productivity, improve overall profitability by automating, analyzing and optimizing commission and incentive processes with Iconixx.