Impero releases H1 Report 2024: Realizes DKK 35.4M in Annual Recurring Revenue corresponding to 28% growth and significantly improves cash flow from operations
Company Announcement No. 11-2024 Copenhagen, 29 August 2024 At the end of the first half of 2024, Impero realized a 28% year-on-year Annual Recurring Revenue (ARR) growth rate and delivered the best H1 ever from a contracted as well as reported ARR perspective. Revenue for H1 increased by 29%, while capacity costs (other external expenses and staff costs) in the same period increased by 14%, contributing to the planned improvement in EBITDA and lower cash-burn from operations. Impero maintains guidance for the full year of 2024 with ARR within the DKK 38M to 42M range and EBITDA