Brief: Agillic Q2 EBITDA Loss Widens To DKK 4.8 Million

Agillic A/S

14/08/2019 07:11

Aug 14 (Reuters) - Agillic A/S  AGILC.CO :
    * REG-AGILLIC PRESENTS H1 2019 REPORT: ARR GREW WITH 50% AND
NEW
INITIATIVES TO FURTHER ACCELERATE THE BUSINESS ARE DISCLOSED
    * REG-AGILLIC PRESENTS H1 2019 REPORT: ARR GREW WITH 50% AND
NEW
INITIATIVES TO FURTHER ACCELERATE THE BUSINESS ARE DISCLOSED
    * REVENUE IN H1 2019 WAS DKK 27.0 MILLION, AN INCREASE OF
53%
COMPARED TO H1 2018
    * REVENUE IN Q2 2019 AMOUNTED TO DKK 14.3 MILLION,
CORRESPONDING
TO AN INCREASE OF 50% COMPARED TO SAME PERIOD IN 2018
    * GROSS PROFIT IN Q2 2019 AMOUNTED TO DKK 11.1 MILLION,
CORRESPONDING TO AN INCREASE OF 53% COMPARED TO SAME PERIOD IN
2018
    * EBITDA IN Q2 2019 AMOUNTED TO DKK -4.8 MILLION COMPARED TO
DKK
-4.0 IN SAME PERIOD IN 2018
    * EXPECTATIONS FOR FULL-YEAR 2019 REGARDING REVENUES AND
ANNUAL
RECURRING REVENUE (ARR) REMAINS UN-CHANGED
    * ORIGINAL EXPECTED EBITDA FOR 2019 (EXPECTED AT TIME OF
ANNOUNCEMENT OF AGILLIC'S FULL-YEAR RESULTS FOR 2018) OF DKK -7
MILLION TO -15 MILLION HAS BEEN ADJUSTED TO DKK -12 MILLION TO
-20 MILLION

Source text for Eikon:  ID:nGNE8GY4sM 
Further company coverage:  AGILC.CO 

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