HCA SaaS Update March: Share price rebounds in the Danish SaaS sector
Today, we have sent out the HCA SaaS newsletter for March 2024. The median ARR multiple increased significantly to 4.0x ARR in March, up from 3.1x ARR in February, driven by large share price increases in some of the companies in the Danish SaaS sector.
As most companies have reported their annual report for 2023, we have updated the benchmark data with new financials and outlook for 2024. We also look into the US/global SaaS sector and briefly cover a new potential IPO in the SaaS sector.
Read the full newsletter here: Link
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Disclaimer: HC Andersen Capital receives payment from some of the mentioned SaaS companies (Agillic, Impero, MapsPeople, OrderYOYO, and Penneo) for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 15:30, 5 April 2024.