OrderYOYO – Presentation of Q2 current trading update 2024

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OrderYOYO will release its Q2 2024 current trading update on 18 July 2024. The company’s management will present the results in a virtual live event with a Q&A session on 30 July 2024 at 10.00. Besides the financial results, you can get an update on recent business developments as well as insights about the current market conditions.

In Q1 2024, OrderYOYO outperformed the market growth and delivered strong results on both topline and profitability (EBITDA). As a result, guidance was upgraded to reflect the strong start to the year. The new guidance for 2024 is December 2024 ARR of DKK 325-335m (DKK 296m by the end of 2023), full-year 2024 net revenue of DKK 280-290m (DKK 254m in 2023), full-year 2024 EBITDA guidance of DKK 43-48m (DKK 25.6m in 2023), and full-year cash EBITDA guidance of DKK 15-20m (DKK 0.1m in 2023).

OrderYOYO is a Danish Software-as-a-Service (SaaS) company that provides takeaway restaurants with all the necessary software to serve their customers, including online ordering, payment, marketing, and business management solutions. The software enables restaurants to have their own-branded online presence directly to consumers instead of via food portals.

Disclaimer: HC Andersen Capital receives payment from OrderYOYO for a Corporate Visibility/Digital IR subscription agreement. /Michael Friis 14.15 , 17 June 2024.