Q3 2022 revenue: €198.8 million

Press release – November 21, 2022

Q3 2022 revenue: €198.8m

27th consecutive quarter of double-digit growth

Turnover over the first 9 months: €581.8 million

Consolidated growth: +79.3%

Organic growth[1]: +22.7%

Annual revenue target of €800 million confirmed (Euronext Growth Paris – FR0004187367 – ALFRE), the leader in managing relationships between companies and their external talents, publishes its revenue for the third quarter of 2022 (period from July 1 to September 30, 2022) and for the first 9 months of 2022 (period from January 1 to September 30, 2022 ) .







% To change













9 months to date




*Not audited by the Statutory Auditors

Continued growth momentum in Q3 achieved double-digit growth for the 27th consecutive quarter, with revenue of €198.8 million, up 76.9% consolidated and 21.4% organically. This growth was driven by all units in the historical scope, which increased by 26.2%, and by the integration of Helvetic Payroll[2].

Since the start of the year, has achieved a turnover of 581.8 million euros, up 79.3% compared to the first 9 months of 2021 (organic growth of 22.7% ).

Strong organic growth in France

In France, posted revenue of €126.3 million in the third quarter, up 29.5% compared to the third quarter of 2021, in line with previous quarters, and with growth over the first nine months reaching 29.6%. Internationally, growth is mainly driven by the acquisition of Helvetic Payroll, with revenue which increased nearly fivefold over the quarter (€72.5 million compared to €14.9 million a year earlier) and over the first nine months of the year (€218.0 million versus €43.6 million).

On track to reach €800 million target

With growth momentum still sustained after nearly seven years, both in France and internationally, confirms that it is well placed to achieve its annual revenue target of 800 million euros in 2022.

Events to come:

About Group

Having acquired a central position in the transformation of the labor market as a leader in the management of relations between companies and their external talents in France, relies on a community of 370,000 consultants and experts working as freelancers or in highly specialized SMEs. The group offers a full range of services: expertise in sourcing, management of external resources, project management, wage portage, compliance, etc. , Morocco, Singapore, Switzerland), is a key player in the Future of Work with a clear vocation: to open up, simplify and secure relations between companies and their external talents.

ISIN Code: FR0004187367
Teleprinter: ALFRE
Number of shares making up the share capital: 56,179,454

Sallie R. Loera