Analyst Comment

MapsPeople - Recording of Q1 2025 presentation

Following the release of its Q1 2025 results, we had the pleasure of hosting an event with the management of MapsPeople. Joining us from MapsPeople were CEO Morten Brøgger and CFO Christian Læsø, who presented the quarter's results and gave more details on the upcoming delisting.

You can watch the recording here:

https://www.inderes.dk/videos/mapspeople-presentation-of-q1-2025-report

Disclaimer: HC Andersen Capital receives payment from MapsPeople for a Digital IR/Corporate Visibility agreement. /Michael Friis 16:07, 21-05-2025

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MapsPeople is a Software-as-a-Service (SaaS) company focusing on digital mapping for indoor navigation. The two primary revenue streams are 1) MapsIndoors which is MapsPeople’s own developed mapping solution for indoor navigation 2) Google Maps partnership with Google. MapsIndoors is the key segment with high double-digit growth rates, and the Google Maps segment is expected to be a more steady business going forward. MapsPeople has a global presence with offices in Denmark, Germany, Singapore and United States, and customers include some of the largest brands in the world. The company has been listed at Nasdaq First North Premier in Denmark since June 2021.