Brief: OrderYOYO Raises EBITDA Guidance For 2024 To DKK 43-48 Mln

Orderyoyo A/S

18/04/2024 08:14

April 18 (Reuters) - OrderYOYO A/S  YOYO.CO :
    * WE RAISE ARR, NET REVENUE, GMV AND EBITDA GUIDANCE FOR
2024
    * 2024 ARR GUIDANCE RAISED TO DKK 325-335M FROM CURRENTLY
DKK
315-325M
    * GMV GUIDANCE RAISED TO DKK 3,300-3,400M FROM CURRENTLY DKK
3,100-3,300M
    * NET REVENUE 2024 GUIDANCE RAISED TO DKK 280-290M FROM
CURRENTLY
DKK 275-285M
    * EBITDA GUIDANCE RAISED TO DKK 43-48M FROM CURRENTLY DKK
33-38M
    * EBITDA MARGIN GUIDANCE TO 15-17% FROM CURRENTLY 12-14%
    * Q1 2024 EBITDA AT DKK 10.8M, ABOVE PRIOR GUIDANCE AND 300%
ABOVE
Q1 2023 EBITDA OF DKK 2.7M
    * Q1 2024 NET REVENUE IS DKK 73M CORRESPONDING TO A GROWTH
OF 35%
COMPARED TO Q1 2023

Source text for Eikon:  ID:nWkrbr1K3z 
Further company coverage:  YOYO.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))