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This morning, Penneo reported its Q3 2022 results. Total ARR increased to DKK 65.0m by the end of the quarter, corresponding to a growth rate of 29% YoY. Penneo maintained its recent ARR guidance (downgraded in October) and EBITDA guidance for 2022.
Together with CEO Christian Stendevad and CFO Casper Nielsen Christiansen, we went through the numbers and the business achievements in the quarter. The management also explained why this quarter was weaker than usual and discussed the short to medium business plans, including the company's continued focus on growth compared to profitability.
HC Andersen Capital receives payment from Penneo for a Digital IR/Corporate Visibility subscription agreement. /Michael Friis 15:08 23 November 2022.