OrderYOYO A/S publishes strong Q1 performance and announces acquisition of leading specialized UK and Irish online ordering company Kingfood. Guidance for 2023 raised
Company Announcement No. 51 - 2023 OrderYOYO A/SInside Information Copenhagen, April 17, 2023 Highlights Strong performance in Q1 2023 with March ARR of DKK 226m, growing 39% compared to March 2022 ARR despite challenging market conditions EBITDA before other extraordinary items (“EBITDA”) for Q1 2023 of DKK 2.7m – with all months in Q1 2023 being EBITDA positive – compared to Q1 2022 EBITDA loss of DKK (2.7)m – an improvement of DKK 5.4m Acquisition of leading Irish and UK online ordering company Kingfood announced. Kingfood is a vertical market leader within the