Brief: Mdundocom Reaches 20.3M Monthly Active Users In June, Surpass Guidance

Mdundocom A/S

13/07/2022 07:43

July 13 (Reuters) - Mdundocom A/S  MDUNDO.CO :
    * REACH 20.3M MONTHLY ACTIVE USERS IN JUNE, AND SURPASS GUIDANCE
    * GROWTH OF 74% FROM JUNE 2021
    *  FOR FINANCIAL YEAR 2022/2023 COMPANY IS EXPECTING 25M MONTHLY ACTIVE USERS AND GROWTH OF
REVENUE TO DKK 13-16M UP FROM AN EXPECTED DKK 7-8M IN FINANCIAL YEAR ENDING JUNE 2022
    * EBITDA TARGET FOR 2022/23: DKK -7 TO -8.5
    * IS AIMING AT 50M MONTHLY ACTIVE USERS AND POSITIVE EBITDA BY 2024/25

Source text: https://bit.ly/3RrwrGy
Further company coverage:  MDUNDO.CO 

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