OrderYOYO (One-pager): Consolidation strategy continues - new acquisition brings the number of restaurant partners above 10,000
In Q1 2023 OrderYOYO announced strong performance, an acquisition of a UK and Irish online ordering company, and a guidance raise for 2023 on all parameters. Despite challenging market conditions, OrderYOYO grew ARR by 39% YoY and revenue by 29% YoY in Q1 2023, thus continuing its momentum from H2 2022.
Based on the news, we publish our updated investment one-pager on OrderYOYO. The one-pager covers OrderYOYO’s consolidation strategy and profitability focus, as well as valuation perspectives on the Danish SaaS sector and two larger US-listed peers.
OrderYOYO is a Danish SaaS company, offering a white-label online ordering, payment, and marketing software solution for takeaway restaurants across European countries.
Disclaimer: HC Andersen Capital receives payment from OrderYOYO for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 16:45, 24 May 2023.
OrderYOYO
OrderYOYO er en dansk Software-as-a-Service (SaaS) virksomhed, der forsyner takeaway-restauranter med al den nødvendige software til at betjene deres kunder, herunder online bestilling, betaling, markedsføring og business management-løsninger. Softwaren gør det muligt for restauranter, primært indenfor takeaway, for at have deres egen-brandede online tilstedeværelse direkte til forbrugerne i stedet for via fødevareportaler. I 2022 fusionerede OrderYOYO med tyske app smart. Fremover er Tyskland et vigtigt vækstmarked for OrderYOYO. OrderYOYO har en brugerbaseret forretningsmodel, der indebærer, at virksomheden vokser med sine restaurantpartnere. Selskabet har været noteret på Nasdaq First North i Danmark siden juli 2021.
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