OrderYOYO – Presentation Q3 2024 trading update

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.

Ahead of the trading update for Q3 2024, the company has raised its 2024 guidance three times on revenue and EBITDA, highlighting the momentum from 2023 has continued into 2024. The updated guidance for 2024 is December 2024 ARR of DKK 325-335m (DKK 296m by the end of 2023), full-year 2024 net revenue of DKK 290-300m (DKK 254m in 2023), full-year 2024 EBITDA guidance of DKK 45-50m (DKK 25.6m in 2023), and full-year cash EBITDA guidance of DKK 17-22m (DKK 0.1m in 2023). In the coming quarters, the focus could turn to potential M&A actions. OrderYOYO has a two-sided strategy for growth, focusing on both organic as well as M&A growth.

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 to have their own-branded online presence directly to consumers instead of via food portals.

Disclaimer: HC Andersen Capital receives payment from OrderYOYO for a Corporate Visibility/Digital IR subscription agreement. /Michael Friis 12.14, 19/09-2024.