Impero A/S releases Annual Report 2024: Realizes 34% growth in Annual Recurring Revenue in 2023 and improves free cash flow to net-new ARR ratio from negative 3.4 to negative 1.6
Company Announcement No. 3-2024 Copenhagen, 14 March 2024 Annual Report for the period 1 January 2023 to 31 December 2023. SaaS metrics and financial highlights on 31 December 2023 · ARR increased by 34% to DKK 30.4M at the end of 2023 · Revenue for the year increased to DKK 27.6M, corresponding to growth of 39% compared to 2022 · Free cash flow to net-new ARR ratio of -1.6 improving from -3.4 at year-end 2022 · Churn of 6%, compared to 1% for the 12-month period ending 31 December 2022 · Uplift increased to 17%, from 16% for the 12-month period ending 31