Brief: Agillic Q4 EBITDA Loss Narrows To DKK 4.3 Mln

Agillic A/S

20/02/2020 07:29

Feb 20 (Reuters) - Agillic A/S  AGILC.CO :
    * REG-AGILLIC A/S PRESENTS Q4 2019 RESULTS AND RELEASES
ANNUAL
REPORT FOR 2019
    * Q4 REVENUE DKK 13.7 MILLION VERSUS DKK 12.2 MILLION YEAR
AGO
    * Q4 EBITDA LOSS DKK 4.3 MILLION VERSUS LOSS DKK 6.3 MILLION
YEAR
AGO
    * OUTLOOK 2020: REVENUE IS EXPECTED TO AMOUNT TO DKK 57-63
MILLION, CORRESPONDING TO AN INCREASE OF 6-17% COMPARED TO 2019
    * 2020 OUTLOOK: LICENSE PART OF ANNUAL RECURRING REVENUE
(ARR):
DKK 56-62 MILLION, CORRESPONDING TO AN INCREASE OF 23-36%
    * OUTLOOK 2020: AS A RESULT OF INCREASED REVENUE AND A
STABLE COST
BASE, WE EXPECT TO INCREASE EBITDA WITH DKK 16-21 MILLION AND
GENERATE A POSITIVE EBITDA OF DKK 1-6 MILLION
    * OUTLOOK 2020: TRANSACTION PART OF ANNUAL RECURRING REVENUE
(ARR): DKK 5-7 MILLION, CORRESPONDING TO A DECREASE OF 27-48%
PRIMARILY AS A CONSEQUENCE OF ONE SUBSTANTIAL SUBSCRIPTION
AGREEMENT EXPIRING

Source text for Eikon:  ID:nGNE9rTlHw 
Further company coverage:  AGILC.CO 

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