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Impero announces improved EBITDA guidance for 2023 and reports preliminary ARR

Impero announces improved EBITDA guidance for 2023 and reports preliminary

Impero A/sJanuary 19, 20245
Impero announces improved EBITDA guidance for 2023 and reports preliminary ARR

About this update from Impero A/s

Company Announcement No. 01-2024 | Inside information Copenhagen , 19 January 2024 Impero adjusts EBITDA guidance for 2023 In connection with preparation of the end-of-year financial statements, we have concluded that an adjustment is required of EBITDA guidance for 2023. The guidance provided in Company Announcement no. 03-2023 released on 14 March 2023 forecasted an EBITDA of negative 13-11M DKK for the year 2023.  We are now changing our EBITDA guidance for 2023 from negative DKK 13-11M to negative DKK 11-10M . The changes we have encountered include: Other capacity costs and staff costs reached a lower level than anticipated. Recognized revenue is positively impacted by implementation fees. Preliminary ARR result The preliminary ARR (Annual Recurring Revenue) amounts to DKK 30.4M as of 31 December 2023 . This is in line with the ARR guidance of DKK 29-33M that we provided as part of our financial reporting in the Annual Report 2022 (Company Announcement no. 3-2023). Annual Report release Impero's Annual Report 2023 is scheduled to be released on 14 March 2024 . For further information, please contact: Impero Rikke Stampe Skov , CEO Mobile: (+45) 25 88 41 02 E-mail: [email protected] Or Morten Lehmann Nielsen , CFO Mobile: (+45) 51 17 67 80 E-mail: [email protected] Certified Adviser Grant Thornton Jesper Skaarup Vestergaard   Mobile: (+45) 31 79 90 00 ABOUT IMPERO Impero A/S is a Danish Software -as-a-Service (SaaS) company that provides a compliance management platform. The Impero platform enables companies to easily manage compliance through automation of risk and control management, documentation, and reporting. Impero empowers companies to become more compliant in a scalable, digital, intuitive, and - most importantly - easy way. https://news.cision.com/impero-a-s/r/impero-announces-improved-ebitda-guidance-for-2023-and-reports-preliminary-arr,c3912392 https://mb.cision.com/Public/20404/3912392/8ab40f4d260c7c00.pdf (c) 2024 Cision. All rights reserved., source Press Releases - English

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