Improved ARR guidance for 2021-H1 and 2021
Company Announcement No. 12-2021Copenhagen, 10 May 2021 Penneo improves the ARR guidance from DKK 41-45m to DKK 45-47m for 2021-H1 and from DKK 52-57m to DKK 54-59m for 2021 In the Annual Report for 2020, Penneo announced an ARR guidance of · DKK 41-45M for the first half year of 2021 · DKK 52-57M for the entire year 2021 Fulfilment of the ARR guidance was conditioned on the following key drivers and assumptions to continue: · A continued low customer churn rate · A continued level of engagement with the platform · A continued ability to obtain new customers