OrderYOYO – Presentation of Q4 2023 trading update

Name: OrderYOYO – Presentation of Q4 2023 trading update
Uploaded: 2024-01-04T15:42:46.758Z
Description: OrderYOYO’s Q4 2023 trading update continued to show strong momentum with both FY topline and EBITDA significantly above guidance, even though the company already had raised its guidance five times in 2023. OrderYOYO’s preliminary guidance for 2024 were also raised both on topline and EBITDA.

OrderYOYO22.01.2024, 12.30

Michael FriisHead of Equities

OrderYOYO’s Q4 2023 trading update continued to show strong momentum with both FY topline and EBITDA significantly above guidance, even though the company already had raised its guidance five times in 2023. OrderYOYO’s preliminary guidance for 2024 were also raised both on topline and EBITDA.

The company now expects 2024 ARR (end December) to reach between DKK 315-325m, GMW of DKK 3,100-3,300m, net revenue of DKK 275-285m, EBITDA (before other extraordinary items) of DKK 33-38m and cash adjusted EBITDA of DKK 5-10m.

OrderYOYO’s management will present the results on Monday, 22 January 2024 at 12:30. The focus will be on what is driving the strong momentum and an update on the recent business development, as well as insights about the current market conditions.

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.

Disclaimer: HC Andersen Capital receives payment from OrderYOYO for a Corporate Visibility/Digital IR subscription agreement. /Michael Friis 10:30, 18 January 2024.

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