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MapsPeople – Presentation of H1 2022 - 01.09.2022

By HC Andersen Capital
MapsPeople
MapsPeople announces its half-year report on Tuesday 30 August. The company’s CEO Michael Gram and Chairman Lars H. Brammer will present the results in a live event with a Q&A session on September 1st at 1:00 PM, where you can get an update on the recent business development, SaaS metrics, and insights about the current market conditions. In the latest Q1 2022 report, MapsPeople reached a total annual recurring revenue (ARR) of DKK 45.4 million at the end of the quarter, corresponding to a growth rate of 55% YoY. Growth was primarily driven by its MapsIndoors segment, and most of the growth came from partners. In Q1 2022, MapsPeople also accelerated its pipeline, tested automation tools, and developed the organization, including establishing its Singapore office. MapsPeople’s financial guidance for the full year 2022 was maintained, implying a total ARR in the range of DKK 75-85 million end of 2022. MapsPeople’s Q3 and Q4 are historically the strongest quarters with the highest growth rates. HC Andersen Capital receives payment from MapsPeople for a Corporate Visibility/Digital IR subscription agreement. /Kasper Lihn 10:11 AM 18:08-2022.

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