Celsys (TYO:3663) said annual recurring revenue for its Clip Studio Paint subscription business climbed to 5.3 billion yen in November, the highest on record, driven by the strongest month-to-month increase seen this year, according to a Friday filing on the Tokyo Stock Exchange.
The churn rate for paid subscriptions held at 4.5%, extending the steady trend observed since mid-2023 after the company revised its payment system.
Users on Celsys' creator platform reached 11.3 million, with 166,000 new registrations in November.
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