Brief: Risk Intelligence Q3 EBITDA Up By 76%

Risk Intelligence A/S

18/11/2020 09:45

Nov 18 (Reuters) - Risk Intelligence A/S  RISK.TE :
    * RECURRING REVENUE IN Q3 2020 INCREASED BY 20% TO TDKK
3,114
COMPARED TO Q3 2019 (TDKK 2,601) AND CHURN IN Q3 WAS 0%
    * TOTAL COSTS IN Q3 2020 SAW A DECREASE OF 26% AND Q1-Q3
2020
TOTAL COSTS DECREASED BY 14% COMPARED TO 2019
    * BECAUSE OF ACCUMULATED NEGATIVE EBITDA IN Q1-Q3 IT MAY BE
DIFFICULT TO REACH A POSITIVE EBITDA FOR FULL YEAR
    * REVENUE IN Q3 2020 INCREASED 1% TO TDKK 3,532 (TDKK 3,521)
    * EBITDA INCREASED BY 76% IN Q3 AND BY 28% Q1-Q3
    * WE DO EXPECT GROWTH IN REVENUE AND POSITIVE EBITDA FOR
2021

Source text for Eikon:  ID:nWkr81DjxR 
Further company coverage:  RISK.TE 

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