Revenue from services provided

12 Months Ended

Dec. 31, 2022

Text Block [Abstract]

Revenue from services provided

20 Revenue from services provided

20.1 Disaggregation of revenue from contracts with customers

The Group revenue derives mainly from the transfer of services rendered and fees charged as services are provided, therefore, mostly recognized over time. Disaggregation of revenue by major product lines are as follows:

	December 31, 2022			December 31, 2021			December 31, 2020
Subscriptions		162,132			129,292			100,611
Taxes on subscriptions		(13,657	)		(10,826	)		(7,245	)
Subscription revenue		148,475			118,466			93,366
Services provided		9,799			8,154			5,599
Taxes on services		(654	)		(847	)		(289	)
Services revenue		9,145			7,307			5,310
Total revenue		157,620			125,773			98,676

20.2 Contract assets and deferred revenue related to contracts with customers

The Group has recognized the following contract assets and deferred revenue related to contracts with customers:

	December 31, 2022			December 31, 2021
Current contract assets relating to subscription		21,310			22,151
Current contract assets relating to services		2,096			2,917
Loss allowance		(101	)		(150	)
Total contract assets		23,305			24,918
Current		17,873			18,775
Non-current		5,432			6,143
Deferred revenue - subscription		31,504			30,735
Deferred revenue - services		2,751			2,067
Total deferred revenue		34,255			32,802
Current		20,332			16,598
Non-current		13,923			16,204

Contract assets refer to consulting and subscription services to be invoiced in future periods according to the terms and conditions of the contracts.

Deferred revenue refers to vouchers from subscription contracts and consulting services. Refer to Note 2.19 for further details of voucher fees.