Brief: Mapspeople FY Revenue Up At DKK 40.5 Mln

MapsPeople A/S

19/03/2024 11:12

March 19 (Reuters) - Mapspeople A/S  MAPSP.CO :
    * ARR GREW 63% THROUGH 2023 FROM MDKK 31.8 AT END OF 2022 TO
MDKK
52.0 BY END OF 2023
    * 2023 REVENUE GREW 39% FROM MDKK 29.1 IN 2022 TO MDKK 40.5
    * HAS SEEN SMART BUILDING MARKET PICK UP PACE IN LATTER PART
OF
2023 AND WE EXPECT THIS TO CONTINUE THROUGH 2024
    * EXPECTS END OF 2024 ARR IN RANGE OF MDKK 72 - 80
CORRESPONDING
TO A GROWTH IN RANGE OF 39% - 54%
    * EXPECTS 2024 RECOGNIZED REVENUES OF MDKK 58-63
CORRESPONDING TO
43% - 55% GROWTH
    * EBITDA OUTLOOK FOR 2024 IN RANGE OF MDKK NEGATIVE 20 -
NEGATIVE
25, CONSTITUTING AN IMPROVEMENT OF 58% TO 67% OVER 2023 RESULTS

Source text for Eikon:  ID:nWkrJ0frk 
Further company coverage:  MAPSP.CO 

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