Company Announcement No. 13-2022 – Inside information
The capital market for Software as a Service companies has changed significantly during the last 12 months. With inflation and increasing interest rates follows increasing focus on profitability and decreasing burn-rates.
Furthermore, we aim for a capital raise of 10-20 MDKK in Q4 2022 of which 10 MDKK is guaranteed by existing shareholders. A capital raise of 20 MDKK should be more than sufficient to reach break-even of
Due to the changed market conditions and slower market penetration in
With all direct sales teams in full operation and with a promising new sustainability related product as from beginning of 2023, it is expected that the absolute ARR increase will be higher in the coming years.
New strategy figures,
MDKK | 2022 (new guidance) | 2023* (estimate) |
ARR | 23 to 26 | 34 to 38 |
ARR Growth MDKK | 8 to 11 | 10 to 14 |
ARR Growth percent | 50% to 70% | 40% to 60% |
EBITDA | -21 to -23 | -9 to -13 |
* 2023 is excluding potential further expansion outside current markets (Denmark , Norway and Sweden )
Further Information
Mobile (+45) 31 48 11 00
e-mail: lnm@rismasystems.com
RISMA Systems A/S
Ejby Industrivej 34-38, 2600 Glostrup,
Certified Advisor
Direct (+45) 35 27 50 11, Mobile (+45) 31 79 90 00
Stockholmsgade 45, 2100 Copenhagen Ø,
About Risma Systems A/S
Our software platform supports our customers to be in control and decision wise when structuring, handling, and documenting their efforts across governance, risk, and compliance. Our core GRC suite offers eight business-critical solutions relevant for all companies regardless of size and industry – GDPR & Privacy, ISMS & ISO27001, ESG & sustainability, Enterprise Risk, Financial & Internal controls, Vendors & Contracts, Policy Management, and Incident Management
Attachments
- Download announcement as PDF.pdf
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