Loyal Solutions announces second half year results for 1/1-30/06 2023
Danish SaaS company Loyal Solutions delivers 51% revenue growth in the second half year (1/1-30/6 2023) and a 70% growth in ARR ( annual recurring revenue) for the year.CEO Peter Kisbye comments: “In the period 1 July 2022 – 30 June 2023 (“the Period”) the Company delivered the following results: · Growth in annual recurring revenue (ARR) of 70% · Top line revenue growth of 47%, reaching 98% of adjusted budget · Top line revenue growth of 51% in the second half of the year (1/1-30/6 2023) · EBITDA of TDKK -14,359 vs adjusted budget EBITDA of TDKK -20,300 · Result of