OrderYOYO raises ARR and EBITDA guidance for 2022

Company Announcement No. 34 -2022

OrderYOYO A/S
Inside Information

 

Copenhagen, October 14, 2022

Consolidated 2022 guidance raised

As the merger with app smart progress successfully and due to strong performance in Q3 2022 despite difficult market conditions where OrderYOYO has been taking market share in all major markets consolidated guidance is raised again as follows:

•          December 2022 annualized ARR guidance is raised from DKK 180-195m to DKK 185-200m

•          EBITDA before other external costs full-year 2022 guidance is raised from DKK (10)-0m to DKK (5)-0m

•          December 2022 annualized GMV and net revenue full-year 2022 guidance is unchanged

	Guidance
	Current	Updated
December 2022 Annualized Annual Recurring Revenue	180-195	185-200
December 2022 Annualized GMV	2,050-2,200	2,050-2,200
Net Revenue 2022	140-155	140-155
EBITDA before other extraordinary items 2022	(10)-0	(5)-0

OrderYOYO will release its Q3 2022 Current Trading Update on Wednesday, October 19, 2022.

For additional information, please contact

 

OrderYOYO A/S

Jesper Johansen, CEO

Mobile (+45) 21 67 84 92

Email [email protected]

OrderYOYO A/S Masnedøgade 26, 2100 Copenhagen Ø

 

Certified Advisor

 

Grant Thornton

Jesper Skaarup Vestergaard

Mobile (+45) 31 79 90 00

Grant Thornton Stockholmsgade 45, 2100 Copenhagen Ø

About OrderYOYO

OrderYOYO is the market leading European online ordering, payment, and marketing software solution provider. OrderYOYO’s solution is offered as Software-as-a-Service (SaaS) and enables small independent takeaway restaurants to have their own-branded online presence direct to consumers. OrderYOYO helps takeaway restaurants drive online takeaway orders through their own tailored software solution in the individual takeaway restaurant’s own brand. We liberate restaurants.