CEO
"The period
In our first full year as a listed company, the Company delivered close to the budgeted results, with a:
- Growth in annual recurring revenue (ARR) of 31%
- Top line revenue reaching 94% of budget.
- EBITDA of TDKK -14,5 vs a forecasted EBITDA of -19,5 and a prospectus estimated EBITDA of TDKK -24,5.
During the Period the Company signed a long-term global agreement with
Our current clients' programs have all performed better than expected during the Period, further validating the resilience of our SaaS business model, and proving the inherent long term growth potential in SaaS card linked loyalty programs. While at different stages of maturity, all current programs achieved a better-than-expected growth rate year-on-year, and with several clients now expanding to other countries post covid-19, we have a firm client base on which to build future growth.
Our most important resource, our employees, continues to do an outstanding job, including our new
HIGHLIGHTS FOR THE SECOND HALF YEAR 1/1-30/6 2022
Business and operational highlights
During the second half of financial year 2021/22 the Company reached several milestones, including
- Very positive development in all client programs
-
New IT-hub in
Johannesburg, South Africa - New larger offices in
Copenhagen - Aral -
Visa project inGermany launched in June - Partial payments with points introduced in Darna rewards by Aldar
- Developed several new modules for LoyalTfacts®, making program management ever easier for clients
- Passed our annual PCI DSS Level 1 audit
-
Per Kogut joined the Board, bringing 20+ years of IT experienced as CEO in
Computer Associates and NNIT - Subscription period Warrants series TO1 ended with none being exercised
- Account-to-Account payment modules developed and introduced at first client
Loyal Solutions first in market with "Pay with Points" withMastercard in theMiddle East
Conference call to present second half of financial year 2021/22
Please join and ask questions directly to our CEO,
To participate, please join the conference call on this LINK
The audited annual report will be made public on our website under "reports and presentations" on the
The Annual General Meeting will be held on
Certified Adviser
Telefon: +46 11 32 30 732
E-post: ca@skmg.se
This press release constitutes inside information that
For further information about
Telephone: +45 2128 6960
E-mail: pki@loyalsolutions.eu
Or
Telephone: +45 2258 7837
E-mail: pnf@loyalsolutions.eu
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https://news.cision.com/loyal-solutions-a-s/r/loyal-solutions-announces-half-year-results-for-1-1-30-06-2022,c3621801
https://mb.cision.com/Main/20251/3621801/1621336.pdf
https://news.cision.com/loyal-solutions-a-s/i/news-17,c3083466
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