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Agillic – Presentation of Q2 2024 results and Half-year report

Av Kasper LihnHead of Research
Agillic

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Agillic expects to report its Q2 2024 results and Half-year report on 27 August 2024. The same day at 10:00, Agillic’s CEO Emre Gürsoy and CFO Claus Boysen will present the results and latest main achievements in an online live event.

Looking at the latest news, Agillic announced at the beginning of July that the company received approval of 71% of the applied tax credit. This implies that the full tax credit scheme review for 2019-2022 is concluded. As a result, Agillic’s net profit increases by DKK 10.5m, the cash position increases by DKK 2.1m, short-term debt is reduced by DKK 8.4m, and equity increases by DKK 10.5m.

On the customer side, Agillic has recently announced new customers in press releases. These are Landfolk (June), Sparekassen Danmark (June), Det Nordjyske Mediehus (June), and 3T (July).

By the end of 2024, Agillic expects a total ARR in the range of DKK 66-74m (total ARR was DKK 70.1m by the end of 2023). In 2024, revenue is expected to amount to DKK 62-66 million (from DKK 64.7 million in 2023), and EBITDA is expected to remain positive between DKK 0-2 million (DKK 1.9 million in 2023).

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.

Disclaimer: HC Andersen Capital receives payment from Agillic for a Corporate Visibility/Digital IR subscription agreement. /Kasper Lihn 09.11, 6 August 2024.

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