MapsPeople A/S | MapsPeople sets ARR guidance for 2023
Company Announcement No. 1 - 2023 - Internal knowledge Aalborg, January 17, 2023 MapsPeople sets cARR and ARR guidance for 2023. Historically MapsPeople has guided ARR in accordance with the definition in section 10.5 in the prospectus. Going forward MapsPeople will address this as cARR (Contracted ARR), and in addition we will also guide on ARR defined as 12 times monthly invoiced recurring revenues. The difference on cARR and ARR will represent the contracted order book to be delivered and invoiced in 2023. The Board of Directors has approved the 2023 budget, containing