Donkey Republic finishes record year and achieves positive EBITDA of approx. 9.3M DKK and growing the revenue to approx. 115.1M DKK in 2023 (up 70% from 2022)
Company announcement no. 1-2024 Q4-2023 concludes a strong performing year delivering a positive EBITDA of approx. 9.3M DKK in the full year 2023, an improvement of 36.2M DKK from 20222023 was a milestone for Donkey Republic as we delivered a 70% revenue increase while crossing the bridge to becoming EBITDA positive of approx. 9.3M DKK, an improvement of 36.2M DKK from 2022. Donkey Republic finishes 2023 in line with the upward adjusted guidance announced in October 2023 (Revenue: 112-120M DKK, EBITDA: 9-13.5M). In Q4-2023 Donkey Republic realized revenue of 29.1M DKK, corresponding to