Brief: Konsolidator Annual Recurring Revenue At DKK 9.2 Mln On March 31, Up 73%

Konsolidator A/S

27/04/2021 11:14

April 27 (Reuters) - Konsolidator A/S  KONSOL.CO :
    * REG- KONSOLIDATOR REALIZES GROWTH IN ANNUAL RECURRING
REVENUE OF
73 %
    * ANNUAL RECURRING REVENUE (ARR) AMOUNTS TO DKK 9.2M ON
MARCH 31,
2021, AN INCREASE OF 73 % COMPARED TO MARCH 31, 2020, AN
INCREASE OF 15% SINCE DECEMBER 31, 2020.
    * CONSOLIDATED REVENUE FOR Q1 AMOUNTED TO DKK 2.2M COMPARED
TO DKK
1.6M SAME PERIOD IN 2020.
    * CONTINUING EXPONENTIAL GROWTH IN ARR IN 2021 ON A
YEAR-ON-YEAR
BASIS AND THUS EXPECTATION IS STILL AN INCREASE IN ARR BETWEEN
70 AND 90 % IN 2021, EQUALING AN ARR BETWEEN DKK 13.5M AND DKK
15.0M.
    * Q1 CONSOLIDATED EBITDA AMOUNTED TO DKK -5.9M COMPARED TO
2020 OF
DKK -2.9M.

Source text for Eikon:  ID:nGNE9NscYF 
Further company coverage:  KONSOL.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))