Impero releases Q1 Report 2023: Realizes DKK 25.3M in Annual Recurring Revenue corresponding to 40% growth compared to 31 March 2022
Company Announcement No. 8-2023 Copenhagen, 11 May 2023 At the end of the first quarter 2023, Impero realized a 40% year-on-year Annual Recurring Revenue (ARR) growth rate and continued to demonstrate solid SaaS metrics. Revenue increased by 46% while capacity costs (other external expenses and staff costs) only increased 3%, leading to the intended improvement in EBITDA. Impero further lowered its cash-burn from ordinary activities compared to net new ARR generated. Impero maintains guidance for the full year of 2023 with ARR within the DKK 29M to 33M range and EBITDA expected within