Brief: Kahoot Q4 Prelim Adj EBITDA Margin Up At 24%

Kahoot ASA

10/01/2023 07:40

Jan 10 (Reuters) - Kahoot ASA  KAHOT.OL :
    * KAHOOT! GROUP FOURTH QUARTER 2022 PRELIMINARY RESULTS
    * RECOGNIZED REVENUE OF APPROX. $39M FOR Q4, UP 18% YOY
    * FULL YEAR REVENUE  APPROX. $146M, UP 60% YOY
    * CLEVER INVOICED REVENUE OF APPROX. $12.7M, ABOUT 0% YOY
    * DELIVERED ALL-TIME HIGH OPERATING CASH FLOW IN LINE WITH
GUIDANCE FOR FULL YEAR
    * ADJUSTED EBITDA EXCEEDING $9M FOR Q4, REPRESENTING A
MARGIN OF
24% VERSUS 17% IN Q4 2021
    * CURRENT OPERATING CAPACITY CAN  DELIVER EVEN STRONGER
RESULTS,
ENABLING CONTINUED INVOICED REVENUE GROWTH ON PAR WITH THE 2022 
PROFORMA GROWTH LEVEL

Source text for Eikon:  ID:nObipml5Pa 
Further company coverage:  KAHOT.OL 
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