Penneo: Q4’21 — Initial Take - Redeye

Redeye will likely make minor forecast adjustments, as Penneo revealed its Q4’21 earlier today with an updated ARR FY 2022 guidance, corresponding to a 40-49% y/y growth. The Q4’21 ARR was somewhat in line with our expectations amounted to DKK 55.5m, corresponding to a 50% y/y growth that aligned with its earlier guided range of DKK 52-57m. The NRR was continuously strong at 124%, with a low churn of 2%.

Länk till analysen i sin helhet: https://www.redeye.se/research/833898/penneo-q421-initial-take?utm_source=finwire&utm_medium=RSS