Acquisition of Video Technic Systems finalized - raising guidance for 2022
Company announcement no. 79Copenhagen, September 9, 2022 The announcement contains inside information. Shape Robotics has today signed the definitive agreement to acquire all shares in the Romanian technology company Video Technic Systems ("VTS") and are raising the revenue guidance from DKK 75-85 m to DKK 81-93 m. Shape Robotics has high revenue growth and expects DKK 18-22 m in Q3 and DKK 47-55 m in Q4. The company maintains the EBITDA guidance of DKK +2 to +4 m in 2[nd] half of 2022 and DKK -2 to +2 m for the whole financial year 2022. Shape Robotics acquires VTS to