Oct 26 (Reuters) - Konsolidator A/S KONSOL.CO :
* SAID ON TUESDAY: FINANCIAL REPORT Q3 2022 - OUTLOOK
ADJUSTED -
INSIDE INFORMATION
* AS CONSEQUENCE OF INCREASED MACRO-ECONOMIC AND
GEO-POLITICAL
UNCERTAINTIES FINANCIAL OUTLOOK FOR 2022-2024 IS ADJUSTED
* Q3 ANNUAL RECURRING REVENUE (ARR) INCREASED BY DKK 1.0M
COMPARED
TO DKK 1.3M FOR Q2 2022
* IS SEEKING DKK 5-10M TO FINANCE OPERATIONS FOR 2023 AND
BEYOND
AND TO RESTORE NEGATIVE EQUITY, WHICH TOTALS DKK 5.7M
* Q3 REVENUE DKK 4.4 MILLION VERSUS DKK 3.3 MILLION YEAR AGO
* EBIT FOR Q3 2022 AMOUNTED TO DKK (3.9M) COMPARED TO DKK
(4.7)
FOR Q3 2021
* LONGER SALES CYCLE AND HIGHER CHURN LEAD TO AN ADJUSTED
OUTLOOK
FOR 2022
* ADJUSTED OUTLOOK 2022: ARR OF DKK 17-18M (PREV. DKK
19-22M),
CORRESPONDING TO A GROWTH OF 25-30% (PREV. 40-60%)
* ADJUSTED OUTLOOK 2022: REVENUE OF DKK 16-18M (PREV. DKK
18-21M),
CORRESPONDING TO A GROWTH RATE OF 20-40% (PREV. 40-60%)
* ADJUSTED OUTLOOK 2022: EBIT LOSS OF DKK 20-22M (PREV. A
LOSS OF
DKK 15-20M)
* ADJUSTED OUTLOOK 2023: ARR OF DKK 20-22M (PREV. DKK
27-35M),
CORRESPONDING TO A GROWTH OF 20-30% (PREV. 40-60%)
* ADJUSTED OUTLOOK 2023: REVENUE OF DKK 19-21M (PREV. DKK
25-33M),
CORRESPONDING TO A GROWTH RATE OF 20-30% (PREV. 40-60%)
* ADJUSTED OUTLOOK 2023: EBIT LOSS OF DKK 8-11M (PREV. A
LOSS OF
DKK 5-11M)
* ADJUSTED OUTLOOK 2024: ARR OF DKK 24-28M (PREV. DKK
37-55M)
* ADJUSTED OUTLOOK 2024: REVENUE OF DKK 23-27M (PREV. DKK
35-54M)
* ADJUSTED OUTLOOK 2024: EBIT PROFIT REMAINS AT DKK 0-10M
(PREV. A
PROFIT OF DKK 0-10M)
* Q3 EBITDA LOSS DKK 3.3 VERSUS LOSS DKK 4.3 MILLION YEAR
AGO
Source text for Eikon: ID:nGNEb6d8kg
Further company coverage: KONSOL.CO
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