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Audientes – Presentation of H1 2022

Audientes – Presentation of H1 2022 25 AugustAug 2022 15:00 - 15:30Online Event

Audientes – Presentation of H1 2022

Audientes has already pre-announced Q2 2022 revenue during the summer, revealing that the revenue in Q2 surpassed DKK 1 million. However, Audientes downgraded its full-year revenue expectations due to harder funding possibilities from the volatile financial markets and thereby less capital to spend on marketing activities and other growth activities. On the other hand, Audientes changed its full-year EBITDA guidance for the better with a smaller EBITDA loss than before due to a lower cost base.   

Overall, this means that headline Q2 numbers are known in advance. Therefore, the main focus will be directed to the more soft details, including how to deliver on a heavy back-ended 2022 with less growth funding, an update on the funding plan as well as more details on the announced new product coming to market in Q4 2022, which first will target the US market.

Audientes is a Danish-based company producing and selling a more affordable, smart, and self-fitting hearing aid that is ready to use out of the box. The products target the over-the-counter market (OTC) globally, focusing on India and the US as the primary launch countries.

*Disclaimer: HC Andersen Capital receives payment from the company for a Digital IR / Corporate Visibility subscription agreement. The content does not make recommendations to buy, sell or hold. HC Andersen Capital is an information platform that connects investors and listed companies.

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Information

Audientes – Presentation of H1 2022 25 AugustAug 2022 15:00 - 15:30
Audientes – Presentation of H1 2022 Online Event
Audientes
Audientes – Presentation of H1 2022 25 AugustAug 2022 15:00 - 15:30Online Event

Audientes – Presentation of H1 2022

Audientes has already pre-announced Q2 2022 revenue during the summer, revealing that the revenue in Q2 surpassed DKK 1 million. However, Audientes downgraded its full-year revenue expectations due to harder funding possibilities from the volatile financial markets and thereby less capital to spend on marketing activities and other growth activities. On the other hand, Audientes changed its full-year EBITDA guidance for the better with a smaller EBITDA loss than before due to a lower cost base.   

Overall, this means that headline Q2 numbers are known in advance. Therefore, the main focus will be directed to the more soft details, including how to deliver on a heavy back-ended 2022 with less growth funding, an update on the funding plan as well as more details on the announced new product coming to market in Q4 2022, which first will target the US market.

Audientes is a Danish-based company producing and selling a more affordable, smart, and self-fitting hearing aid that is ready to use out of the box. The products target the over-the-counter market (OTC) globally, focusing on India and the US as the primary launch countries.

*Disclaimer: HC Andersen Capital receives payment from the company for a Digital IR / Corporate Visibility subscription agreement. The content does not make recommendations to buy, sell or hold. HC Andersen Capital is an information platform that connects investors and listed companies.

Information

Audientes – Presentation of H1 2022 25 AugustAug 2022 15:00 - 15:30
Audientes – Presentation of H1 2022 Online Event
Audientes