Adjusted ARR guidance for 2022
Company Announcement No. 29-2022Copenhagen, 13 October 2022Penneo adjusts ARR guidance for 2022 from 77-82M DKK to 70-75M DKK. The adjusted ARR guidance corresponds to a year-on-year growth rate of 27%-36%. EBITDA guidance of negative 15-20M DKK remains unchanged. In company announcement No. 5-2022, Penneo announced ARR guidance of 77-82M DKK for 2022. In company announcement No. 26-2022 regarding the financial report for 2022-H1 the ARR guidance remained unchanged with the following assumptions: · A continued low churn rate · A continued level of engagement with the platform