Sage Group PLC today reported FY23 earnings for the year-end September 30, 2023 which saw cloud native organic revenues rise 30% and underlying total organic revenues rise 10%.
Summarized results from today’s earnings report:
![](https://i0.wp.com/www.smbview.com/wp-content/uploads/2023/11/Underlysing-Sage-FY23-Performance.png?resize=640%2C341&ssl=1)
Sage operates within three regions – North America, comprising the US, Sage Intacct and Canada; UKIA, comprising Northern Europe (UK & Ireland) and Africa & APAC; and Europe, comprising France, Central Europe and Iberia.
Results from North America continue to show the most rapid growth, led largely by Sage Intacct
![](https://i0.wp.com/www.smbview.com/wp-content/uploads/2023/11/sage-fy23-by-region.png?resize=640%2C255&ssl=1)
Sage is also continuing to build their Sage Network which they now refer to as their platform. The Sage Network is a set of products and services which connect to Sage solutions. In essence, this is similar to an app store for accounting with Sage taking a slice of each transaction that runs through Sage Network.
The full Sage 2023 financial results release is available here.