Strong improvement of balance sheet by early repayment of debt, positive operating cash flow and continuous positive development in EBITDA in 2024-H1
Company Announcement No. 11 - 20242024-H1 financial report Management commentaryIn 2024-H1, Donkey Republic realized revenues of DKK 59.8M and improved EBITDA by 75% compared to 2023-H1.These results showcase successful strategy execution, with positive operating cash flow underscoring our focus on efficiency and profitability. This positive cash flow allowed for early debt repayment, significantly strengthening our balance sheet. Additionally, in 2024-Q2 we rolled out our operation in Hannover, Germany and commenced the long term B2G contract which was awarded in 2023-Q4. We look