Penneo (One-pager): On its way to deliver first yearly positive EBITDA since 2019
Read our latest investment case one-pager on Penneo following the annual report 2023 and new 2024 guidance which came out earlier this week. The one-pager updates the investment case, key investment risks, key investment reasons, key SaaS metrics, and multiples against a Danish SaaS peer group.
You can also watch the recent presentation of the annual report 2023 with Penneo's CEO Christian Stendevad and CFO Casper Christiansen here (in Danish): https://www.inderes.dk/videos/penneo-praesentation-af-arsrapport-2023
Disclaimer: HC Andersen Capital receives payment from Penneo for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 13:20, 23 February 2024.
Penneo
Penneo is a Danish Software-as-a-Service (SaaS) company delivering solutions for digital signing (Penneo Sign), document workflow, and compliance such as a Know Your Customer product (Penneo KYC) that helps companies comply with Anti Money Laundering (AML) legislation. Penneo was established in Denmark in 2014, and the company has more than 2,500 customers across Denmark, Sweden, Norway, Finland, Belgium, and Germany. Penneo is listed on Nasdaq Copenhagen Main Market.
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