Brief: Happy Helper Adjusts Guidance For FY 2021/2022

Happy Helper A/S

05/04/2022 07:44

April 5 (Reuters) - Happy Helper A/S  HAPPY.CO :
    * ADJUSTS GUIDANCE FOR THE FINANCIAL YEAR 2021/2022
    * 2021/2022 OUTLOOK: THE EXPECTATIONS FOR THE CONTRIBUTION
MARGIN
ARE ADJUSTED FROM DKK 8-9 MILLION TO DKK 5-6 MILLION 
    * 2021/2022 OUTLOOK: EXPECTATIONS FOR EBITDA ARE MAINTAINED
AT
LOSS DKK 1-2 MILLION 
    * 2021/2022 OUTLOOK: REVENUE ADJUSTED FROM DKK 45-50 MILLION
TO
DKK 30-35 MILLION
    * HIT HARD BY THE COVID SHUTDOWNS
    * WE HAVE RECENTLY SEEN AN INCREASE IN THE INFLUX OF HELPERS
AND
WE CAN NOW KEEP UP WITH THE DEMAND
    * HOWEVER, WE NOW ESTIMATE THAT THE BACKLOG ON THE REVENUE
BASE
AND THE CONTRIBUTION MARGIN WILL NOT BE RECOVERABLE BEFORE THE
END OF THE FINANCIAL YEAR ON 31 AUGUST 2022

Further company coverage:  HAPPY.CO 

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