Adjusted ARR guidance for 2021
Company Announcement No. 24-2021Copenhagen, 12 November 2021 *Contains inside information* Penneo adjusts ARR guidance for 2021 from 56-60M DKK to 54-57M DKK. The adjusted ARR guidance corresponds to a year-on-year growth rate of 46%-54%. EBITDA guidance of negative 15-20M DKK remains unchanged. In Company Announcement No. 19-2021, Penneo announced improved ARR guidance of 56-60M DKK from 54-59M DKK. After the improved ARR guidance for 2021 was announced, the following assumption has changed: · A lower inflow of new customers across industries and markets Historically, Q3