HC Andersen Capital Events 25/10: 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 - Q3 trading update
Last week OrderYOYO announced its Q3 2022 trading update, implying that the company has reported its key financials and not a comprehensive financial report. Total ARR increased to DKK 185m (25% growth compared to consolidated Q3 2021 proforma numbers with app smart), meaning that OrderYOYO in Q3 has achieved the low end of the newly upgraded December 2022 ARR guidance of DKK 185-200m. 

OrderYOYO also highlights that the company has a strong focus on profitability, which is supported by its positive EBITDA (before other external costs) of DKK 1.9m. In accordance with the EBITDA (before other external costs) guidance for 2022, which was upgraded last week from the range DKK -10m – 0 to DKK -5m – 0, OrderYOYO also expects a positive EBITDA (before other external costs) for Q4. 

Importantly, OrderYOYO also provided guidance for 2023 as the merger between OrderYOYO and app smart has created a new and different company. In 2023, OrderYOYO now expects a total ARR of DKK 215-230m corresponding to a growth rate of approx. 15-16% based on the midpoint in the 2022 and 2023 guidance ranges. Net revenue is expected to be DKK 190-205 million, which corresponds to a growth rate of approx. 7-8% after adjusting for the full-year effect of the app smart merger.

OrderYOYO also guides on December 2023 annualized gross merchandise value (GMV), which is expected to increase by approx. 8% (based on guidance midranges) to DKK 2,200-2,400m. OrderYOYO’s focus on profitability is also reflected in the 2023 guidance as the company now expects a positive EBITDA before other external costs in the range of DKK 5-15m in 2023. 

Sign up via. Link

Tuesday 25th of october 11:00 - 11:30
 

Disclaimer: HC Andersen Capital receives payment from OrderYOYO 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.