Brief: Konsolidator Q4 EBITDA Loss Widens To DKK 4.3 Mln

Konsolidator A/S

09/02/2021 10:22

Feb 9 (Reuters) - Konsolidator A/S  KONSOL.CO :
    * Q4 REVENUE DKK 2.8 MILLION VERSUS DKK 1.3 MILLION YEAR AGO
    * REG-KONSOLIDATOR CONTINUES STRONG GROWTH
    * ANNUAL RECURRING REVENUE (ARR*) AMOUNTS TO DKK 8.0M AS PER
DECEMBER 31, 2020 (2019: 4.6M) WHICH IS AN INCREASE IN LAST
TWELVE MONTHS BY 74 %
    * CONSOLIDATED REVENUE FOR FULL YEAR AMOUNTED TO DKK 7.5M
COMPARED
TO DKK 4.7M IN 2019 CORRESPONDING TO AN INCREASE OF 60 %
    * OUTLOOK:  CONTINUING EXPONENTIAL GROWTH IN ARR IN 2021 ON
A
YEAR-ON-YEAR BASIS.
    * CONSOLIDATED EBITDA AMOUNTED TO DKK -14.6M COMPARED TO
2019 OF
DKK -9.1M
    * OUTLOOK: AN INCREASE OF ARR BETWEEN 70-90 % IN 2021,
EQUALING AN
ARR BETWEEN DKK 13.5M AND DKK 15.0M.
    * TOTAL CASH AND CASH EQUIVALENTS AMOUNTED TO DKK 18.7M AT
YEAR
END 2020 COMPARED TO DKK 6.6M AT END OF 2019.
    * Q4 EBITDA LOSS DKK 4.3 MILLION VERSUS LOSS DKK 2.9 MILLION
YEAR
AGO

Source text for Eikon:  ID:nGNE8LNj8Y 
Further company coverage:  KONSOL.CO 

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