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, primarily within takeaway, to have their own-branded online presence direct to consumers instead of via food portals.
In 2022, OrderYOYO merged with German app smart. Going forward, Germany is an important growth market for OrderYOYO. OrderYOYO has a usage-based business model implying that the company grows with its restaurant partners. The company has been listed at Nasdaq First North in Denmark since July 2021.
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.
This year, the software (SaaS) sector has not ridden the AI wave. Some investors have raised the question of whether AI could harm the growth prospects for the software sector, while others dismiss this thesis due to software companies' strong use cases. At our online SaaS seminar this Tuesday, we got interesting insights from both SaaS investors and SaaS companies.
Today, we have sent out the HCA SaaS newsletter for May 2024 which provides a status for the year following the Q1 2024 results and comments about the current market environment. The median ARR multiple increased slightly to 3.6x ARR in May for the Danish SaaS sector, while the global/US SaaS sector is trading at 5.9x ARR, now the lowest level since 2013 according to data from The SaaS Capital Index. Remember to sign up for our SaaS seminar on Tuesday with both SaaS investors and management members from Danish SaaS companies.
Today, we are publishing our latest Software-as-a-Service (SaaS) sector report, covering the recent news and thematics from the SaaS sector with insights into our comprehensive data set over Danish-listed SaaS companies.
Today, OrderYOYO's CEO Jesper Johansen and CFO Jesper Hyveled presented the results for the first quarter of 2024 and discussed the drivers behind the substantial guidance upgrade on earnings.
OrderYOYO will release its Q1 2024 current trading update on 18 April 2024. The company’s management will present the results in a virtual live event with a Q&A session on 22 April 2024 at 11.00. Besides the financial results, you can get an update on recent business developments as well as insights about the current market conditions.
The HCA SaaS newsletter for March 2024 has been sent out today. The newsletter covers the recent news from the Danish SaaS sector and insights from the US SaaS sector, including benchmark data and valuation perspectives.
OrderYOYO will release its full-year report for 2023 on 20 March 2024. The company’s management will present the results in a virtual live event with a Q&A session on 22 March 2024 at 11:00. Besides the financial results, you can get an update on the recent business development as well as insights about the current market conditions.
The HCA SaaS newsletter for February 2024 has been sent out today. The newsletter covers some of the recent news from the Danish SaaS sector and insights from the US SaaS sector.
The HCA SaaS newsletter for January 2024 has been sent out today. The newsletter covers the recent news from the Danish SaaS sector and also provides an overview of the upcoming financial reports in the sector.
As mentioned in the recent October newsletter, there was speculation by market analysts of a year-end stock market rally. This came true in November driven by declining interest rates and rising expectations for massive cuts in 2024. The positive development was substantial in the global/US SaaS sector, now trading at 6.9x ARR (up from 6.2x ARR), but has not been seen in the Danish SaaS sector yet.