MapsPeople (One-pager): More focus on growth after improved EBITDA in Q2 2024
Yesterday, MapsPeople announced its Q2 2024 report with 19% ARR growth YoY and improved EBITDA. MapsPeople maintained its 2024 ARR and EBITDA guidance (with a small adjustment as EBITDA is now EBITDA before special items due to special items of approx. DKK 2m from restructuring activities).
We have updated our investment case one-pager with minor changes, including updated valuation multiples across selected Danish-listed SaaS companies.
Remember to sign up for a live online presentation on Thursday 22 August at 14:30 with MapsPeople’s CEO Morten Brøgger and CFO Christian Læsø, who will present the financial results and highlights from the Q2 2024 report. Sign up and ask your questions here: https://www.inderes.dk/videos/mapspeople-presentation-of-q2-2024
Disclaimer: HC Andersen Capital receives payment from MapsPeople for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 08:30 20 August 2024.
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MapsPeople
MapsPeople är verksamt inom IT-sektorn. Bolaget är specialiserat inom utveckling av SaaS-lösningar. Programvaran är egenutvecklad och används huvudsakligen för navigering i stora kontorsbyggnader, sjukhus, arenor och universitet. Bolaget har utvecklat sin egen inomhuskarta och navigationsplattform, MapsIndoors, som bolagets kunder använder i sina egna appar och andra system på global nivå.
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