Brief: Agillic Q1 EBITDA Loss Narrows To DKK 0.4 Million

Agillic A/S

30/04/2020 07:11

April 30 (Reuters) - Agillic A/S  AGILC.CO :
    * REG-AGILLIC A/S ANNOUNCES FINANCIAL RESULTS FOR Q1 2020
SHOWING
15% GROWTH IN REVENUE
    * REG-AGILLIC A/S ANNOUNCES FINANCIAL RESULTS FOR Q1 2020
SHOWING
15% GROWTH IN REVENUE
    * Q1 REVENUE DKK 14.7 MILLION VERSUS DKK 12.8 MILLION YEAR
AGO
    * Q1 EBITDA AMOUNTED TO DKK -0.4 MILLION IN Q1 2020 COMPARED
TO
DKK -3.5 MILLION IN Q1 2019
    * AS LICENSES BECOME DUE FOR RENEWAL, THERE IS A RISK THAT
CLIENTS
NEGATIVELY AFFECTED BY COVID-19 WILL NOT RENEW THEIR
SUBSCRIPTION
    * WE EXPECT NEW BIZ TO BE AFFECTED DUE TO ABSENCE OF
CONFERENCES
AND OTHER PHYSICAL LEAD GENERATING ACTIVITIES

Source text for Eikon:  ID:nGNE5hdKtv 
Further company coverage:  AGILC.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))