Interim Report 1 January - 31 March 2019
Risk Intelligence A/S (“Risk Intelligence” or "the Company") hereby publishes the Q1 Interim Report for the period January - March 2019, which reports a 78% increase in revenue compared to Q1 2018. The report is available on the Company’s website (www.riskintelligence.eu).
· Revenue: TDKK 3,199 (1,802)
· Earnings before interest, taxes, depreciation and amortization (EBITDA): TDKK -2,367 (-937)
· EBT: TDKK -2,796 (-1,283)
· Net income for the period: TDKK -2,181 (-1,000)
· Earnings per share: DKK -0.28 (-5.57)
“The Risk Intelligence growth plan is now starting to yield results. During the first quarter, due to a combination of increased new sales of licenses and services, and increasing recurring revenue, Risk Intelligence has increased its revenues with 78% in Q1 2019 (3,199,850 DKK) compared to Q1 2018 (1,801,599 DKK). Sales have been derived from both existing as well as new commercial and governmental clients. This is a strong signal that we are ahead of our growth plan and on the right path to deliver what we promised in connection with our IPO – to double our existing maritime market revenue from 2017 by 2020. “
Due to the growth plan investments and initiatives Risk Intelligence is still expecting negative results in 2019.
For further information about Risk Intelligence, please contact:
Hans Tino Hansen, CEO
Jens Krøis, CFO
Telephone: +45 7026 6230
Web page and social media:
Risk Intelligence A/S was founded in 2001 by Hans Tino Hansen. The company has evolved to become a prominent company in security risk management by delivering threat and risk assessments worldwide. Risk Intelligence operates and assists customers and partners from headquarters located north of Copenhagen as well as through representatives in Europe, Asia and North America. The business has been designed with international scalability in mind and the company is globally regarded as an expert in its field. Risk Intelligence provides the ‘Risk Intelligence System (MaRisk + PortRisk)’ which is a digital platform that allows clients to monitor global security risks and enables them to plan and implement missions in risk areas. Risk Intelligence is listed on the Spotlight Stock market [RISK].