Loyal Solutions announces half year results for 1/1-30/06 2022
Danish SaaS company Loyal Solutions delivers 31% ARR growth in first full year as a listed companyCEO Peter Kisbye comments:“The period 1 July 2021 – 30 June 2022 (“the Period”) was the first full year post our IPO (“Initial Public Offering”) on Nasdaq First North Growth Market Stockholm 3 June 2021.
In our first full year as a listed company, the Company delivered close to the budgeted results, with a:
· Growth in annual recurring revenue (ARR) of 31% · Top line revenue reaching 94% of budget. · EBITDA of TDKK -14,5 vs a forecasted EBITDA of -19,5 and a prospectus estimated