HC Andersen Capital Event 23/11: Meet the top management in Penneo

HC Andersen Capital is hosting a digital event where you can meet and ask questions directly to the top management. It is free for all to attend.

PENNEO – PRESENTATION OF Q3 QUARTERLY REPORT 2022

Penneo have published its Q3 2022 financial results this morning, 23 November. Penneo’s CEO Christian Stendevad and CFO Casper Nielsen Christiansen will present the Q3 results today at 1:00 PM in a virtual live event followed by a Q&A session.

Penneo realises 29% year-on-year ARR growh at the end of 2022-Q3. The ARR increased by DKK 1.5m to DKK 65.0m for the period. The EBITDA amounted to negative DKK 4.7m compared to negative DKK 8.1m in 2021-Q3.

Guidance remains unchanged with expected ARR at DKK 70-75m and EBITDA at negative DKK 15-20m.

Penneo is a Danish Software-as-a-Service (SaaS) company delivering solutions for digital signing, document workflow, and compliance such as a Know Your Customer (KYC) product that helps companies comply with Anti Money Laundering (AML) legislation. Penneo was established in Denmark in 2014, and the company has more than 2,400 customers across Denmark, Sweden, Norway, Finland, Belgium, and Germany. Penneo’s primary customers are auditors, and the company has the ambition to become a market leader and preferred partner for the audit and accounting industry in Europe. Penneo is listed on Nasdaq Copenhagen Main Market.

Wednesday 23 November 13:00-13:30

Sign up here: Link

-----------------------------

Disclaimer: HC Andersen Capital receives payment from Penneo for a DigitalIR/Corporate Visibility agreement. The content is not buy or sell recommendations.

Mie Halse
Head of Digital and Events
mie@hcandersencapital.dk
+45 28746640

#DigitalIR is the digitalization of the relationship between investors and stock-listed companies. #DemocraticIR is the basic idea that all investors should have access to equal information.