Relesys A/S sets guidance for 2023
Relesys A/S | Inside Information
Company Announcement No. 1-2023
Copenhagen, March 30. 2022
Guidance for 2023
Financial guidance 2023
Relesys expects ARR of DKKm 59-64, corresponding to 31% - 42% year-on-year growth.
Furthermore, Relesys expects revenue of DKKm 54 - 62, corresponding to 22% - 36% year-on-year growth.
Assumptions behind financial guidance 2023
Annual recurring revenue and revenue assumptions:
- Continued high market growth for engagement and connectivity for software solutions,
- Continued low ARR churn rate,
- Continued strong net uplift of existing clients and
- Currency exchange rates as per end of 2022.
Revenue specific assumptions:
- Continued short period for onboarding of new clients.