OrderYOYO A/S (“OrderYOYO” or the “Company”) continued the Company’s strong performance in Q3-23, showing 38% ARR growth, amounting to DKK 256m and a net revenue growth of 44%, amounting to DKK 65m in Q3-23. Moreover, profitability continued to improve, and the EBITDA margin (before other extraordinary items) amounted to 11.5%, compared to 4.2% the same quarter last year, showcasing a continuing trend regarding profitability. By solving digital challenges for restaurants and a steady expansion of its product offerings, something that is expected to attract a greater number of restaurant partners and create upselling opportunities, OrderYOYO is estimated to continue to deliver profitable growth. Based on an EV/S-multiple of 3.9x on the 2023 forecast and adjusted for OrderYOYO’s net debt, a potential fair value of DKK 10.2 per share (10.2) is derived in a Base scenario.
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This is a press release from Analyst Group regarding the publication of an analysis on OrderYOYO. Readers may assume that Analyst Group has received compensation for making the analysis. The Company has not been given an opportunity to influence the parts where Analyst Group has had opinions about the Company, future valuation or anything else that could be considered a subjective assessment.