Agillic – Presentation of Q3 2024 results

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Agillic expects to report its Q3 2024 results and Half-year report on 22 October 2024. The same day at 10:00, Agillic’s CEO Emre Gürsoy and CFO Claus Boysen will present the results and latest main achievements in an online live event.

In the first half of 2024, Agillic’s revenue and ARR declined by 9% YoY and 7% YoY, respectively. By realigning the organization and cost base to the tough market conditions, Agillic still achieved a positive EBITDA of DKK 0.6m. Despite the results in the first half of 2024, Agillic reiterated its 2024 guidance. They expect to deliver growth in the second half of 2024, partly driven by better visibility on the cash side after a positive outcome in the case against the Danish tax authorities which improved liquidity by DKK 2.1m.

By the end of 2024, Agillic expects a total ARR between DKK 66-74m (total ARR was DKK 70.1m by the end of 2023). In 2024, revenue is expected to amount to DKK 62-66 million (from DKK 64.7 million in 2023), and EBITDA is expected to remain positive between DKK 0-2 million (DKK 1.9 million in 2023).

Agillic is a Danish Software-as-a-Service (SaaS) company within marketing technology (MarTech), headquartered in Copenhagen, Denmark. Agillic’s omnichannel marketing automation platform empowers brands to work with data-driven insights and content to create, automate, and send personalized communication to millions.

Disclaimer: HC Andersen Capital receives payment from Agillic for a Corporate Visibility/Digital IR subscription agreement. /Michael Friis 09.26 AM, 24 September 2024.