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Agillic – Presentation of Q3 2022 financial results
Agillic expects to announce its Q3 2022 results Friday 14 October. The company’s CEO Emre Gürsoy and CFO Claus Boysen will present the results in a live event at 1:00 PM, where you can get an update on the recent development and ask questions to the management.
Just before the recent H1 2022 report, Agillic raised its financial guidance for 2022 as a result of the latest development in particular ARR from transactions. The new guidance for the full year of 2022 is now a revenue of DKK 60-64 million, EBITDA of DKK 0-3 million, and a total ARR of DKK 66-74 million. The upgrade was supported by the numbers in the H1 2022 report, including a total ARR of DKK 64.2 million corresponding to a growth rate of 34% YoY.
Focus on the event will be on management comments about the macroeconomic uncertainties and recession fears, and how this may affect a software provider such as Agillic. In this perspective, a Forrester report commissioned by Agillic was announced last week, which showed that 69% of the respondents (key European marketers) in the study would increase their investments in omnichannel marketing automation technology over the coming months. This may support Agillic’s resistance to an economic downturn, yet Agillic was on the other hand hit by its customer mix in 2020 following COVID-19 lockdowns.
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.
HC Andersen Capital receives payment from Agillic for a Corporate Visibility/Digital IR subscription agreement. /Kasper Lihn 11:45 AM 21/09-2022.