Brief: Mapspeople Q3 Total Annual Recurring Revenue Rises To DKK 35.2 Mln

MapsPeople A/S

16/11/2021 06:09

Nov 16 (Reuters) - Mapspeople A/S  MAPSP.CO :
    * GUIDANCE: GUIDANCE OF ARR AT THE END OF 2021 IS 41-45M
DKK,
PREVIOUS GUIDANCE OF 44.3M DKK IS WITHIN THE RANGE
    * TOTAL ARR REACHED 35.2M DKK AT END OF 2021-Q3 WHICH IS 40%
HIGHER THAN 25.1M DKK AT END OF 2020-Q3
    * TOTAL GROWTH IN ANNUAL RECURRING REVENUE (ARR) IS DRIVEN
BY
GROWTH FROM MAPSINDOORS REACHING 23.8M DKK AT END OF 2021-Q3
WHICH IS 63% HIGHER THAN 14.6M DKK AT END OF 2020-Q3
    * Q3 OPER LOSS DKK 11.7 MLN VS PROFIT DKK 0.8 MLN YR AGO

Source text for Eikon:  ID:nWkr787VTy 
Further company coverage:  MAPSP.CO 

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