Impero (One-pager): Solid SaaS metrics delivered despite challenging market conditions
Last week, Impero raised its EBITDA guidance and indicated that it now expects ARR at year-end to reach the upper end of the previously guided range. Furthermore, preliminary Q3 2025 SaaS metrics showed the highest net new ARR ever achieved in a third quarter, while both net revenue retention (NRR) and, in particular, churn improved compared to the first half of 2025.
Following the upgated guidance, we have revised our investment case one-pager to reflect these recent developments, including updated peer group perspectives from the Danish SaaS sector.
In connection with the full Q3 2025 results on 26 November 2025, we will host an online event with Impero’s management, who will present the results and answer questions from the audience.
Sign up here:
https://www.inderes.dk/videos/impero-praesentation-af-q3-2025
Disclaimer: HC Andersen Capital receives payment from Impero for a Digital IR subscription agreement. /Michael Friis 13:45, 27/10-2025.