In the January SaaS newsletter, we take a look at the potential future Implications for the SaaS sector from the DeepSeek news, and read-over from the hyperscalers.

Today, OrderYOYO's CEO Jesper Johansen and CFO Jesper Hyveled were represented in an online live event. The management team presented the results presented in the Q4 2024 result update, results that beat the expectations, and what is behind the momentum that lead to an upgrade of 2025 guidance already.

OrderYOYO is expected to release its Q4 2024 trading update on 17 January 2025. The company’s management will present the results in an online live event with a Q&A session on 22 January 2025 at 10:00. Besides the financial results, you can get an update on OrderYOYO’s recent business developments as well as insights about the current market conditions.

As 2024 is now behind us, it is time to conclude the year and look into 2025. Our HCA SaaS Index ended December 2024 with a median ARR multiple of 3.6x (3.4x by the end of November 2024), while The SaaS Capital Index covering the US/global SaaS market ended December 2024 with a median ARR multiple of 7.0x (from 7.3x by the end of November 2024). Read more here.

November has been eventful with several Q3 2024 reports across the SaaS sector and the announcement that Visma will make a voluntary recommended public takeover offer to purchase all shares in Penneo for approx. DKK 562m (DKK 16.50 per share, a premium of approx. 110%), corresponding to EV/ARR of approx. 5.8x. The takeover/acquisition ARR multiple is also significantly above the median ARR multiple of 3.4x of the Danish SaaS sector by the end of November 2024, yet somewhat close to other recent acquisitions from Digizuite (6.9x ARR) and Relesys (5.1x ARR). Across the broader global/US SaaS sector, software shares rebounded significantly in November. The median ARR multiple increased to 7.3x by the end of November 2024 (from 6.9x ARR) based on data from The SaaS Capital Index.

Today, OrderYOYO's CEO Jesper Johansen and CFO Jesper Hyveled were represented in an online live event. The management team presented the Q3 2024 results, the acquisition of UK-based App4, the upgraded 2024 guidance, as well as the newly released 2025 guidance, which were announced last Friday.

OrderYOYO will release its Q3 2024 trading update 2024 on 18 October 2024. The company’s management will present the results in a virtual live event with a Q&A session on 22 October 2024 at 13:00. Besides the financial results, you can get an update on recent business developments as well as insights about the current market conditions.

Today, our SaaS newsletter for September has been sent out. Overall, September was less eventful across the SaaS sector, yet we can look back at the global/US SaaS sector’s Q2 earnings season before we move into the Q3 earnings season. Looking at the median ARR valuation multiple, this is now 6.1x by the end of September (6.2x by the end of August) for the global/US SaaS sector and 3.1x ARR by the end of September 2024 (3.2x ARR by the end of August) for the Danish SaaS sector.

Yesterday, our SaaS newsletter covering news and Q2/H1 financial reports from August was sent out. Looking overall at the global SaaS sector, the growth outlook is still challenged. However, we have observed some relief for the Danish SaaS companies with optimism into H2 2024. Our full blog shows the ARR growth YoY and EBITDA developments for H1 2024 vs. H1 2023 across the Danish SaaS sector.  

Today, OrderYOYO's CEO Jesper Johansen and CFO Jesper Hyveled presented the results for the first half of 2024, expectations for the rest of the year, and M&A opportunities as part of their growth strategy.