Brief: OrderYOYO Expects Positive Quarterly Cash EBITDA Going Forward

Orderyoyo A/S

22/08/2023 08:14

Aug 22 (Reuters) - OrderYOYO A/S  YOYO.CO :
    * PUBLISHES FIRST HALF-YEAR REPORT 2023 CONFIRMING EARLIER
ANNOUNCED ARR GROWTH OF 47% TO DKK 246M AND H1 2023 EBITDA OF
DKK 9M
    * H1 2023 EBITDA OF DKK 9.0M WITH ALL MONTHS IN H1 2023
BEING
EBITDA POSITIVE - IMPROVEMENT OF DKK 15.0M COMPARED TO H1 2022
EBITDA LOSS OF DKK (6.0)M
    * FY2023 GUIDANCE RAISED ON JULY 18TH IS MAINTAINED
    * GOING FORWARD, WE EXPECT TO BE CASH EBITDA POSITIVE ON A
QUARTERLY BASIS

Source text for Eikon:  ID:nWkr80Pd72 
Further company coverage:  YOYO.CO 

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