Brief: OrderYOYO Raises Guidance For 2023 Again

Orderyoyo A/S

18/07/2023 08:59

July 18 (Reuters) - OrderYOYO A/S  YOYO.CO :
    * PUBLISHES CONTINUED STRONG PERFORMANCE IN Q2 SHOWING 47%
ARR
GROWTH AND SIGNIFICANT INCREASE IN EBITDA. GUIDANCE FOR 2023
RAISED AGAIN
    * 2023 GUIDANCE RAISED
    * FY NET REVENUE 2023 GUIDANCE RAISED TO DKK 220-235 MLN
FROM
CURRENTLY DKK 215-230 MLN
    * FY 23 EBITDA GUIDANCE RAISED TO DKK 15-20 MLN FROM
CURRENTLY DKK
13-18 MLN
    * DECEMBER ARR GUIDANCE RAISED TO DKK 250-260 MLN FROM
CURRENTLY
DKK 245-255 MLN
    * OUR RAISED GUIDANCE FOR 2023 EBITDA CORRESPONDS TO EBITDA
MARGIN
GUIDANCE OF 6-9%, INCREASE FROM EARLIER EBITDA MARGIN GUIDANCE
OF 6-8%

Source text for Eikon:  ID:nWkr5bGFFF 
Further company coverage:  YOYO.CO 

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