OrderYOYO – Presentation of full-year 2022 report
OrderYOYO is expected to announce its full-year 2022 results on Monday 20 March 2023. The company’s management will present the recent results in a virtual live event followed by a Q&A session on Friday 24 March at 13:00 (CET). Here you can get an update on the recent business development as well as insights into the current market conditions.
Looking at the latest financial news, OrderYOYO released a commercial update for 2022 in mid-January with preliminary results for key figures. Total ARR grew to DKK 212m (annualized December MRR), which surpassed the company’s previous guidance, which was raised twice after the merger with German app smart in June 2022. In the commercial update, OrderYOYO also upgraded its initial 2023 guidance from October 2022 following better-than-expected momentum. Now, OrderYOYO expects a total ARR of DKK 220-235m, annualized GMV of DKK 2,300-2,500m, net revenue of DKK 195-210m, and EBITDA before other extraordinary items of DKK 10-15m in 2023.
OrderYOYO is a Danish Software-as-a-Service (SaaS) company that provides takeaway restaurants with all the necessary software to serve their customers, including online ordering, payment, marketing and business management solutions. The software enables restaurants, primarily within takeaway, to have their own-branded online presence direct to consumers instead of via food portals.
Disclaimer: HC Andersen Capital receives payment from OrderYOYO for a Corporate Visibility/Digital IR subscription agreement. /Michael Friis 10:31 AM 17 March 2023.