Brief: Kahoot Sees 2023 Adj EBITDA Exceeding 40% Year-On-Year Growth

Kahoot ASA

16/02/2023 07:28

Feb 16 (Reuters) - Kahoot ASA  KAHOT.OL :
    * RECOGNIZED REVENUE OF $39 MILLION FOR Q4, UP 18% YOY
    * OUTLOOK 2023: CONTINUED DOUBLE DIGIT YEAR-ON-YEAR GROWTH
IN
BILLINGS DELIVERING RECOGNIZED REVENUES EXCEEDING $170M WITH
MODEST ANNUAL GROWTH IN OPERATIONAL COST BASE
    * OUTLOOK 2023: ADJUSTED EBITDA EXCEEDING 40% YEAR-ON-YEAR
GROWTH
WITH SOLID FREE CASH FLOW
    * OUTLOOK Q1 2023: CONTINUED YEAR-ON-YEAR GROWTH IN BILLINGS
DELIVERING RECOGNIZED REVENUES OF $39-40M WITH MODEST QUARTERLY
INCREASE IN OPERATIONAL COST BASE
    * OUTLOOK Q1 2023: YEAR-ON-YEAR IMPROVEMENT IN ADJUSTED
EBITDA AND
FREE CASH FLOW
    * PAID SUBSCRIPTIONS EXCEEDED 1.3 MILLION ACROSS ALL
SERVICES, UP
18% YOY, REPRESENTING ORGANIC INCREASE OF 60,000 FROM PREVIOUS
QUARTER

Source text for Eikon:  ID:nObiVp50da 
Further company coverage:  KAHOT.OL 
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