Company announcement no 1-2024
Søborg,
Ending 2023 with a solid Q4 – optimistic about 2024
During the first half of 2023,
Annual recurring revenue (ARR) in 2023 amounted to
“With the capital raise, a realigned strategy, a good Q4 2023, and many new growth opportunities we
are ready to take on 2024. We have left the hard times behind and with the positive energy in the office, we believe we have a strong foundation to succeed in 2024” says CEO
CEO
2023 Financial Highlights
- ARR amounted to
DKK 19.4m compared toDKK 17.6m in 2022, corresponding to an increase of 10%. The ARR did not live up to our expectation ofDKK 20-21m . - Revenue amounted to
DKK 19.2m compared toDKK 16.7m in 2022, corresponding to an increase of 15%. The revenue was within our expectations ofDKK 19-20m . - The contribution margin was 93% compared to 94% in 2022.
- EBIT amounted to a loss of
DKK 10.7m compared to an EBIT loss ofDKK 22m in 2022. The EBIT loss was within expectations of a loss ofDKK 9-11m . - EBIT before share-based payments was a loss of
DKK 8.9m compared to a loss ofDKK 19.7m in 2022. - Total cash and cash equivalents amounted to
DKK 1.8m at the end of 2023 compared toDKK 1.5m at the end of 2022. - The total equity amounted to a positive equity of
DKK 1.3m onDecember 31, 2023 compared to a negative equity ofDKK 11.4m a year before.
Outlook
We maintain our outlook for 2024 which is as follows:
- ARR is expected to be in the range of
DKK 24-28m by the end of 2024, corresponding to a growth of 20-40%. - Revenue is expected to be in the range of
DKK 23-27m . - EBIT is expected to be a loss in the range of
DKK 0-5m .
Annual Report 2023
Konsolidator’s Annual Report 2023 is included in this announcement and can be found on Konsolidator’s investor website.
Investor webinar
On
Contacts
- CEO:
Claus Finderup Grove , mobile +45 2095 2988, cfg@konsolidator.com - CFO:
Jack Skov , mobile, +45 2282 8845, js@konsolidator.com
Certified Adviser
Grant Thornton ,Jesper Skaarup Vestergaard , phone +45 3527 5011, www.grantthornton.dk
About
Attachment
- Konsolidator_Annual_Report_2023
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