HC Andersen Capital Events 21/04: Meet the top management in OrderYOYO

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.

OrderYOYO - Presentation of Q1 2023 Current Trading Update
This Monday 17th of April, OrderYOYO announced its Q1 performance with accelerating growth, an acquisition of a specialized UK and Irish online ordering company, and a guidance upgrade for 2023. By the end of March 2023, OrderYOYO delivered an ARR of DKK 226m (39% growth) and the annualized March GMV grew to DKK 2,293m (22% growth). Pro forma net revenue for Q1 2023 increased to DKK 54m (29% growth), despite challenging market conditions. Looking at profitability, measured by EBITDA before other extraordinary items, OrderYOYO delivered positive EBITDA before other extraordinary items during all months in Q1 2023, totaling DKK 2.7m in Q1 2023. This is also a positive improvement from DKK -2.7m in Q1 2022.   

In line with OrderYOYO’s consolidation strategy, OrderYOYO also announces the acquisition of the online ordering company, Kingfood, which is a vertical market leader within the Asian cuisine segment in Ireland and the UK. Importantly, OrderYOYO also raises its 2023 guidance on all parameters following both the strong performance in Q1 2023 and the acquisition of Kingfood.    

You can meet and ask questions to OrderYOYO's management on Friday 21 April 2023 at 13:00, who will present an update on the Q1 results and 2023 guidance, as well as the acquisition of Kingfood. The presentation will be followed by a Q&A session. 

Disclaimer: HC Andersen Capital receives payment from OrderYOYO for a DigitalIR agreement. /Kasper Lihn 08:05, 21 April 2023. 

Friday 21th of April 13:00 - 13:30

Sign up via. link


Disclaimer: HC Andersen Capital receives payment from the companies mentioned 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
 

HC Andersen Capital digitizes the relationship between listed companies and investors. We work long-term for companies that want more visibility in the market. #DemocraticIR - HC Andersen Capital works to democratize access to the financial market.