Net revenue of AFAS Software 2013-2020, by type
AFAS (Applications for Administrative Solutions) is a family-owned Dutch company which develops information and communication software products for businesses. AFAS Software currently operates in the Netherlands, Belgium and the Caribbean. Between 2013 and 2020, the net revenue of AFAS Software increased steadily. The largest share of this growth in revenue was due to revenue generated by maintenance, while licensing accounted for just a small sum of revenue over the past few years. In 2020, maintenance generated almost 167 million euros in revenue, whereas there was no revenue from licensing that year.
