MapsPeople (One-pager): Further capital requirement to reach operational sustainability
We have updated our investment case one-pager on MapsPeople after the company updated on its ARR guidance and capital situation in connection with the Q3 2023 report earlier this week. Following an ARR downgrade for 2023, the company has an expected total capital requirement, before reaching positive cash flow, in the range of DKK 15-20m.
The updated investment case one-pager provides insights into key investment reasons and risks as well as perspectives on key SaaS metrics and valuation multiples across selected Danish SaaS companies.
Disclaimer: HC Andersen Capital receives payment from MapsPeople for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 16:30, 17 November 2023.