Our monthly SaaS newsletters and yearly sector-report provides valuation and market insights into the recent software development across the Danish sector and perspectives about the global/US market.
With this updated Software-as-a-Service (SaaS) sector report, we
are looking into the recent market trends, new financial numbers,
key SaaS metrics, as well as recent valuation insights on both the
global/US SaaS sector and the Danish SaaS sector.
Our monthly SaaS newsletter provides valuation and market insights into the recent software development across the Danish sector and perspectives about the global/US market.
Overview of the H1 2024 earnings season On an overall level, we think that there is somewhat more optimism across many of the Danish-listed SaaS companies when looking into H2 2024 although ARR YoY growth has decreased from 33% YoY (median) in H1 2023 to 22% YoY (median) in H1
Source: HC Andersen Capital and The SaaS Capital Index Lots of news from the Danish SaaS sector First of all, RISMA and OrderYOYO came out with their Q2/H1 2024 trading statements. RISMA grew ARR by 33% YoY to DKK 39.1m and maintained 2024 ARR guidance of DKK 45-49m by the
Source: HC Andersen Capital and The SaaS Capital Index Key takes from the Danish SaaS Q1 earnings season On the back of the Q1 reports from the Danish SaaS sector, we saw that the ARR growth (YoY) declined to a median of 28% in Q1 2024 (across 7 selected Danish-listed
Source: HC Andersen Capital and The SaaS Capital Index As we recently published our SaaS sector report on 30 April 2024, most of this newsletter will center around the news and findings from this report which you can read here. Since this came out, however, we have updated multiples from
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