Impero A/S

IMPERO

DK0061536828

Software

Market Closed - Nasdaq Copenhagen Other stock markets 10:38:12 2024-04-26 am EDT			5-day change	1st Jan Change
5.5 ^DKK	+3.77%		-8.33%	+25.57%

Mar. 14	Impero A/S Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Jan. 16	Profound Partners A/S acquired additional 20% stake in Impero A/S from Jg Invest & Consult Aps.	CI

Impero A/S releases outlook for 2024

March 14, 2024 at 04:06 am EDT

Company Announcement No. 2-2024

Copenhagen, 14 March 2024

- This message contains inside information -

Outlook 2024

Based on the Live ARR methodology, Impero expects ARR in the range of DKK 38M to 42M by the end of 2024, with ARR at the end of 2023 being DKK 30.4M. The outlook corresponds to growth rates between 25% and 38%. Impero will invest in scaling the organization to ensure long-term ARR growth and at the same time focus on lowering the cash-burn from ordinary activities. We expect EBITDA for 2024 to be in the range DKK -11M to -9M.

The expectations for the above are based on assumptions that the company can retain and attract partners as well as commercial and technical profiles to expand and develop the platform. Furthermore, the timing of revenue recognition for new customers is essential in relation to the outlook. The company's pipeline proves that the demand for Impero's offerings is intact and that continuous investments in product development as well as commercial expansion add value for Impero's customers and shareholders.

Dealing with global customers, Impero is also exposed to the macroeconomic environment and geopolitical situation, where increased uncertainty and fluctuating interest rates may lead to longer sales cycles and potentially lead to higher churn. The outlook is dependent on no further aggravation of the macroeconomic and geopolitical instability observed.

For further information, please contact:

Impero

Rikke Stampe Skov, CEO
Mobile: (+45) 25 88 41 02
E-mail: rss@impero.com

or

Morten Lehmann Nielsen, CFO
Mobile: (+45) 51 17 67 80
E-mail: mln@impero.com

Certified Adviser

Grant Thornton
Jesper Skaarup Vestergaard
Mobile: (+45) 31 79 90 00

ABOUT IMPERO

Impero is a Danish Software-as-a-Service (SaaS) company that provides a compliance management platform. The Impero platform enables companies to easily manage compliance through automation of risk and control management, documentation, and reporting. Impero empowers companies to become more compliant in a scalable, digital, intuitive, and - most importantly - easy way.

https://news.cision.com/impero-a-s/r/impero-a-s-releases-outlook-for-2024,c3945784

https://mb.cision.com/Public/20404/3945784/ac2dbe44a8e9d45c.pdf

Latest news about Impero A/S

Impero A/S Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 14	CI
Profound Partners A/S acquired additional 20% stake in Impero A/S from Jg Invest & Consult Aps.	Jan. 15	CI
Impero’s Technical Chief to Step Down in February 2024	Nov. 30	MT
Allan Lykke Christensen, Chief Technical Officer Steps Down from His Role At Impero A/S	Nov. 30	CI
Impero A/S announced that it expects to receive DKK 9.999999 million in funding	Nov. 21	CI
Impero A/S Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 14	CI
Impero A/S Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-24	CI
Impero A/S Provides Earnings Guidance for the Year 2023	23-08-24	CI
Impero A/S Announces That It Is Launching New Platform Solution That Will Make the Latest Eu Directive on Corporate Sustainability Reporting, Csrd, Easy to Understand and Implement for Companies of All Sizes	23-06-20	CI
Business Square down slightly; MFE bullish on Mid	23-06-13	AN
Mib closes up; MFE soars on Berlusconi's farewell	23-06-12	AN
Stock markets up; Milan in 27,400 area	23-06-12	AN
Denmark's Impero Names New Sales Chief	23-05-11	MT
Impero A/S Appoints Giuseppe Geresia as Chief Sales Officer, Effective May 15, 2023	23-05-11	CI
Impero A/S Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-11	CI
Impero A/S Maintains Earnings Guidance for the Year 2023	23-05-11	CI
Impero A/S Appoints Allan Lykke Christensen to Management Team	23-03-31	CI
Impero A/S Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-14	CI
Impero A/S Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-14	CI
Impero A/S Provides Earnings Guidance for the Fiscal Year 2023	23-03-14	CI
Impero Seeks Funds to Fuel Expansion of Commercial Activities	22-11-16	MT
Impero A/S Reports Earnings Results for the Nine Months Ended September 30, 2022	22-11-09	CI
Impero A/S Provides Revenue Guidance for the Full Year of 2022	22-08-25	CI
Impero A/S Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-24	CI
Impero A/S Maintains Earnings Guidance for the Year 2022	22-05-05	CI

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Company Profile

Impero A/S is a Denmark-based Software-as-a-Service (SaaS) company. It helps companies, organizations, and institutions with their inherent wish to stay compliant. The Company offers Impero platform, an easy-to-use compliance management platform that provides an overview of risks and mitigating control activities, ensures reliable reporting, and minimizes the need for manual control processes. Impero is distributed as a one-to-many model where software services are delivered to multiple users simultaneously which allows the entire user-base to enjoy all new upgrades immediately. The Companyâs business development organization focuses on top tier and mid-market companies, within the north-western European region.

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