OrderYOYO A/S publishes continued strong performance in Q2 showing 47% ARR growth and significant increase in EBITDA. Guidance for 2023 raised again
Company Announcement No. 59 - 2023 OrderYOYO A/SInside Information Copenhagen, July 18, 2023 Highlights 2023 guidance raised. December ARR guidance raised to DKK 250-260m from currently DKK 245-255m. Full year Net Revenue 2023 guidance raised to DKK 220-235m from currently DKK 215-230m and EBITDA guidance raised to DKK 15-20m from currently DKK 13-18m. EBITDA margin guidance is raised to 6-9% from currently 6-8%. December GMV guidance unchanged at DKK 2,500-2.700m Strong performance in Q2 2023 with June ARR of DKK 246m, growing 47% compared to June 2022 consolidated