Risk Intelligence A/S changes ARR definition
Risk Intelligence A/S (“Risk Intelligence” or "the Company") changes the Annual Recurring Revenue (ARR) definition from backwards to forward looking.Since 2018 Risk Intelligence A/S has used an ARR definition, which is based on the last 4 quarters recurring revenue (backward looking). During discussions with investors, it has become apparent that this conservative model was not suitable for comparison with other companies using a SaaS model as they were practically all using a forward-looking model and furthermore it did not correctly reflect the actual growth. Therefore, it has been