MapsPeople A/S Adjust ARR expectations for 2023 and sets guidance for 2024
MapsPeople A/S | Inside Information Company Announcement No.1 - 2024 Aalborg, February 27, 2024 MapsPeople adjust ARR expectations for 2023 Closing of 2023 MapsPeople adjust ARR expectations for 2023 to mDKK 52.0 from a range of mDKK 58-64 as guided in Company Announcement 29 from November 14, 2023. This corresponds to an ARR growth of 64% during 2023. The large renewal mentioned in Company Announcement 29 on November 14th had not materialized by the end of 2023, despite the customer using the service, and MapsPeople is still in dialogue with the customer. This impacts ARR