Impero releases Q1 Report 2024: Achieved 28% growth in ARR (YoY) with continuous improvement in the free cash flow to net-new ARR ratio
Company Announcement No. 9-2024 Copenhagen, 23 May 2024 At the end of the first quarter of 2024, Impero realized a 28% year-on-year Annual Recurring Revenue (ARR) growth rate and continued to demonstrate solid SaaS metrics. Compared to first quarter 2023, reported revenue for the quarter increased by 28% while capacity costs (other external expenses and staff costs) increased by 7%, leading to an improvement in the EBITDA. Impero maintains guidance for the full year of 2024 with ARR within the DKK 38M to 42M range and EBITDA expected within the DKK -11M to -9M range. Financial