Company announcement no. 16-24
Today, the management and Board of Directors of Shape Robotics have given their approval for the 2023 annual report. Scheduled for submission at the company's ordinary general meeting on
Management review
Throughout 2023, the company experienced significant growth and success across various key performance indicators. Revenue exceeded projections, highlighting the effectiveness of our strategic initiatives and strong market positioning.
Several adjustments made during 2023 led to improved results compared to the initial guidance, which projected revenue of
2023 (TDKK) | 2022 (TDKK) | Increase (%) | |
Revenue | 171.213 | 87.385 | 96% |
Contribution margin | 49.026 | 26.484 | 85% |
Adjusted EBITDA* | 16.859 | 5.134 | 229% |
*Adjusted EBITDA excludes non-recurring costs (
Outlook 2024
Shape Robotics' overarching strategy integrates a mix of ongoing initiatives and fresh ventures designed to enhance core technology, broaden the product lineup, cultivate relationships with clients and partners, and expand its global footprint. With ambitious financial objectives in sight, the company targets a net revenue of
In 2024 the company expects a revenue of minimum
Additional information and investor relations
Tlf.: +45 53 51 31 31
Email: ir@shaperobotics.com
CVR-nr. 38322656
www.shaperobotics.com
[Company Announcement]
Financial Calendar
https://news.cision.com/shape-robotics/r/shape-robotics-presents-the-annual-report-for-2023---high-growth-and-profit,c3961029
https://mb.cision.com/Main/19419/3961029/2729778.pdf
https://mb.cision.com/Public/19419/3961029/8f72e797ce3ca673.pdf
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