Brief: OrderYOYO Q3 EBITDA Up At DKK 7.5 Mln

Orderyoyo A/S

18/10/2023 08:58

Oct 18 (Reuters) - OrderYOYO A/S  YOYO.CO :
    * STRONG PERFORMANCE IN Q3 SHOWING 38% ARR GROWTH AND STRONG
IMPROVEMENT IN EBITDA
    * Q3 2023 NET REVENUE OF DKK 65M VERSUS. DKK 45M IN Q3 2023
CORRESPONDING TO A GROWTH OF 44%
    * Q3 EBITDA EX ITEMS DKK 7.5 MILLION VERSUS DKK 1.9 MILLION
YEAR
AGO
    * 2023 ARR, NET REVENUE AND EBITDA GUIDANCE RAISED FOR
FOURTH TIME
    * DECEMBER ARR GUIDANCE RAISED TO DKK 260-270M (ORIGINAL
GUIDANCE
OF DKK 215-230M)
    * FULL YEAR NET REVENUE 2023 GUIDANCE RAISED TO DKK 230-240M
(ORIGINAL GUIDANCE OF DKK 190-205M)
    * NET REVENUE 2023 GUIDANCE RAISED TO DKK 230-240M FROM
ORIGINAL
GUIDANCE DKK 190-205M
    * 2024 GUIDANCE RELEASED. DECEMBER 2024 ARR GUIDANCE OF DKK
300-310M
    * FY EBITDA GUIDANCE RAISED TO DKK 20-23M (ORIGINAL GUIDANCE
OF
DKK 5-15M)
    * FULL YEAR 2024 NET REVENUE GUIDANCE OF DKK 260-270M
    * FULL YEAR 2024 EBITDA GUIDANCE OF DKK 23-28M CORRESPONDING
TO AN
EBITDA MARGIN OF 9-11%
    * EBITDA FOR 9M 2023 OF DKK 16.5M COMPARED TO 9M 2022 EBITDA
LOSS
OF DKK (4.1)M - AN IMPROVEMENT OF DKK 20.6M
    * EBITDA FOR Q3 2023 OF DKK 7.5M CORRESPONDING TO AN EBITDA
MARGIN
OF 11.5%
    * 2024 GUIDANCE: NET REVENUE OF DKK 260-270M, EBITDA DKK
23-28M
CORRESPONDING TO EBITDA MARGIN OF 9-11%
    * 

Source text for Eikon:  ID:nWkrbW3yRH 
Further company coverage:  YOYO.CO 

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