Yesterday, our SaaS newsletter covering news and Q2/H1 financial reports from August was sent out. Looking overall at the global SaaS sector, the growth outlook is still challenged following the Q2/H1 reports. However, we have observed some relief for the Danish SaaS companies with optimism into H2 2024. Our full blog shows the ARR growth YoY and EBITDA developments for H1 2024 vs. H1 2023 across the Danish SaaS sector.  

The global/US SaaS sector increased slightly to a median ARR valuation multiple of 6.2x (from 6.1x end of July). The Danish SaaS sector’s median ARR multiple declined slightly to 3.2x (from 3.4x ARR by the end of July), mainly driven by higher reported ARR from the new Q2/H1 reports due to how the index is constructed with the latest reported ARR.  

Read the full newsletter where you also can watch the SaaS Q2/H1 presentations from August: Link 

Disclaimer: HC Andersen Capital receives payment from some of the mentioned SaaS companies (Agillic, Impero, MapsPeople, OrderYOYO, and Penneo) for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 08:00, 10 September 2024.