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At the beginning of the week, OrderYOYO released its financial report for 2022, which showed that the new strategy with a focus on increasing profitability in the existing markets and its consolidation is performing well.
This Friday, we hosted an event with CEO Jesper Johansen and CFO Jesper Hyveled, where we went deeper into the more detailed full-year report, with a special focus on the balance and profitability after a large merger in 2022. Other key topics covered were OrderYOYO's M&A outlook, the market conditions, and the drivers behind the expectations for 2023.
OrderYOYO is a Danish Software-as-a-Service (SaaS) company that provides takeaway restaurants with all the necessary software to serve their customers, including online ordering, payment, marketing and business management solutions. The software enables restaurants, primarily within takeaway, to have their own-branded online presence direct to consumers instead of via food portals.
Disclaimer: HC Andersen Capital receives payment from OrderYOYO for a Corporate Visibility/Digital IR subscription agreement. /Michael Friis 10:31, 17 March 2023 (latest updated 15:14, 25 March 2023).