Brief: OrderYOYO Increases 2024 Guidance

Orderyoyo A/S

18/01/2024 08:26

Jan 18 (Reuters) - OrderYOYO A/S  YOYO.CO :
    * ORDERYOYO A/S PUBLISHES ARR, NET REVENUE AND EBITDA
SIGNIFICANTLY ABOVE LATEST GUIDANCE. 2024 GUIDANCE SIGNIFICANTLY
RAISED
    * FULL YEAR 2023 EBITDA OF DKK 25.6M COMPARED TO FULL YEAR
2022
EBITDA LOSS OF DKK (0.9)M - AN IMPROVEMENT OF DKK 26.5M
    * 2024 GUIDANCE SIGNIFICANTLY RAISED
    * WITH A FULL YEAR EBITDA MARGIN FOR 2023 OF 10% AND A H2
2023
EBITDA MARGIN OF 12% PATH TO PROFITABILITY STRATEGY IMPLEMENTED
DURING 2022 AND 2023 IS NOW SHOWING RESULTS
    * 2024 EBITDA GUIDANCE IS SIGNIFICANTLY INCREASED TO DKK
33-38M -
UP FROM DKK 23-28M
    * NET REVENUE 2024 GUIDANCE IS RAISED FROM DKK 260-270M TO
DKK
275-285M
    * DECEMBER 2024 ARR GUIDANCE RAISED TO DKK 315-325M
    * GUIDANCE FOR CASH EBITDA 2024 RELEASED FOR FIRST TIME
EXPECTED
IN RANGE OF DKK 5-10M

Source text for Eikon:  ID:nWkr5wMpC8 
Further company coverage:  YOYO.CO 

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