Inderes – Presentation of Q4 2023 financial results

You can already now sign up for the event and send in your questions. You don’t have to participate live to send in questions for the event.

Inderes is expected to report its Q4 2023 financial results on 6 February 2024. Inderes’ CEO Mikael Rautanen will present the Q4 2023 results on the following day, 7 February 2024, at 13:00 (CET) in a virtual live event followed by a Q&A session.

In the first nine months of 2023, Inderes grew revenue 35% (10% organic growth excluding acquisitions). The organic growth was primarily driven by its commissioned research and AGM activities, partly countered by a muted IPO market and a macro environment affecting the event business outside the IR area. Inderes’ 2023 guidance was maintained, i.e., revenue is expected to be above EUR 17m and its EBITA margin is expected to improve from its 2022 level (9.4%). The assumptions behind the guidance are that target markets in the company's main product areas are not expected to grow, and IPO activity remains low. The monthly sales updates for October and November showed 35% and 11% growth, respectively, implying that even a flat growth in December should bring them in line with its current guidance.

Besides the Q4 results, the focus will be on the guidance and outlook for the coming year, hereunder assumptions for market growth, after a year with expected flat development due to low IPO activity, as well as the cost side after a period with high investments in growth initiatives and development of its platform.

Disclaimer: HC Andersen Capital receives payment from Inderes for a Digital IR/Corporate Visibility subscription agreement. Inderes and HC Andersen Capital are strategic partners, and Inderes holds 20% ownership in HC Andersen Capital. A number of HC Andersen Capital employees own shares in Inderes. /Michael Friis 16:16, 09 January 2024.