Brief: Konsolidator Q1 EBITDA Loss Widens To DKK 2.9 Mln

Konsolidator A/S

27/04/2020 12:03

April 27 (Reuters) - Konsolidator A/S  KONSOL.CO :
    * REG-KONSOLIDATOR REALIZED EXPONENTIAL GROWTH IN Q1, 2020
COMPARED TO Q1, 2019
    * REACHED AN ARR OF DKK 5.3M AT END OF Q1, 2020 COMPARED TO
2.9M
AT END OF Q1, 2019 - AN INCREASE OF 83 %
    * SIGNED 15 CONTRACTS IN Q1, 2020 COMPARED TO 7 IN Q1, 2019
- AN
INCREASE OF 114%
    * Q1 REVENUE FOR PERIOD AMOUNTED TO DKK 1.6M COMPARED TO DKK
1.1M
IN 2019 CORRESPONDING TO AN INCREASE OF 48%
    * Q1 EBITDA AMOUNTED TO A NEGATIVE OF DKK 2.9M COMPARED TO
2019
WHICH SHOWED A NEGATIVE EBITDA OF DKK 0.3M
    * CAN SO FAR CONCLUDE THAT NUMBER OF SALES MEETINGS (ALL
ONLINE)
AND NUMBER OF SIGNED CONTRACTS ARE AT SAME LEVEL AS BEFORE MARCH
12
    * EXPERIENCED INCREASED TRAFFIC ON KONSOLIDATOR WEBSITE AND
A
SIGNIFICANT GROWTH IN NUMBER OF SALES MEETINGS
    * IT IS IMPOSSIBLE TO EXPRESS OUTLOOK SCENARIOS WITH A HIGH
DEGREE
OF CERTAINTY
    * CURRENT EXPONENTIAL GROWTH CAN BE IMPACTED NEGATIVELY IF
PROSPECTIVE CUSTOMERS' INVESTMENT DECISIONS ARE POSTPONED OR
CANCELLED

Source text for Eikon:  ID:nGNExy1cv 
Further company coverage:  KONSOL.CO 

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