Conferize announces user metrics for Q3 2018: Continued strong growth
Company announcement no. 14/2018
Copenhagen, 1 October 2018
Conferize announces user metrics for Q3 2018: Continued strong growth
Conferize A/S announces today key figures for the activity on the Company’s digital Event Management platform for Q3 2018.
| 2018 Q3 | Annual Growth | Monthly avg. Growth | |
| Users | 56,797 | 60 % | 4 % |
| Event organizers | 11,393 | 271 % | 12 % |
| Events, accumulated | 29,059 | 63 % | 4 % |
Conferize's primary customer segment is the event organizers, being the primary players in the industry. By the end of Q3 2018, 11,393 event organizers had signed up to an account on the platform. This is an increase of 36 % compared to last quarter. Viewed over the past 12 months, Conferize has realized an average monthly growth of more than 12 % within this segment.
The more than 11,000 event organizers on the platform is a strong starting point for the launch of the next generation of the Company’s Event Management Software (EMS) 30 November 2018.
At the end of Q3 2018, 29,059 events had been created on the platform, corresponding to a growth of 12 % compared to last quarter. Out of these events, 5,712 events have not yet taken place, so the full effect on the number of users is yet to been seen.
The total number of user accounts (event organizers and event-goers) on the platform was 56,797 accounts at the end of Q3 2018. This is a growth of 12 % in the total number of users on the platform compared to last quarter.
The company maintains the expectations for growth and revenue as previously announced. Expectations based on current performance are shown in the table below.
| 2018 | 2019 | 2020 | 2021 | |
| Users (1,000) | 63 | 123 | 231 | 374 |
| Event organizers (1,000) | 13 | 28 | 49 | 78 |
| Events, accumulated (1,000) | 32 | 51 | 80 | 130 |
| Revenue ($ 1,000) | 0 | 71 | 1,089 | 2,954 |
About Conferize
Conferize is a groundbreaking digital event platform focusing on creating more meaningful meetings and communities. On the Conferize platform, event-goers, organizers and speakers get a shared digital space to network, share knowledge and create content - before, during and after the physical encounter.
The goal of Conferize is to achieve a leading position in the global event market through the constant attraction of ever more event organizers - and thus participants and speakers. As a result of the growing user base, Conferize will eventually build a global network of users, events, communities and knowledge - a network that event participants around the globe can navigate and participate in to create more meaningful meetings between people.
Business registration no. 34472742
invest.conferize.com
Certified Adviser
The Company’s Certified Adviser is BDO Statsautoriseret revisionsaktieselskab (Business registration no. 20222670), Gert Mortensen, Havneholmen 29, DK-1561 København V, +45 39 15 52 00.
Investor relations
Søren Dalsgaard Hansen, CFO Conferize A/S, +45 31 21 17 26 // ir@conferize.com
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