Impero releases 2023-Q3 Report: Achieved 38% growth in ARR (YoY). For the first three quarters of the year, revenue increased by 41% while capacity costs decreased by 1%
Company Announcement No. 11-2023 Copenhagen, 14 November 2023 At the end of 2023-Q3, Impero realized a 38% year-on-year Annual Recurring Revenue (ARR) growth rate and continued to demonstrate solid SaaS metrics. Revenue for the first three quarters of 2023 increased by 41%, while capacity costs (other external expenses and staff costs) decreased by 1%, contributing to the planned improvement in EBITDA and lower cash-burn from operations. Impero maintains guidance for the full year of 2023, with ARR within the DKK 29M to 33M range and EBITDA expected within the DKK -13M to -11M range.