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Beskrivning
| Land | Danmark |
|---|---|
| Lista | Spotlight DK |
| Sektor | Informationsteknik |
| Industri | Programvara |
Risk Intelligence A/S ("Risk Intelligence" or "Company") hereby publishes the Q1 Interim Report for the period January - March 2025. The report is available on the Company's investor website (investor.riskintelligence.eu).
Highlights:
- Total revenue increased 11%
- Total costs decreased 8%
- Total ARR growth 18%
- EBITDA +255, increased by DKKt 1,167
CEO Hans Tino Hansen
"It is a pleasure to present the Q1 financial report with a positive EBITDA of DKK 255K for the first time in Q1 since we embarked on the growth journey in 2018. This is an important strategic milestone.
In the Q4 2024 financial report, I highlighted an important indicator of our ability to create growth and ultimately profit, which is the spread between top line growth and growth in costs. During this quarter we had a lower top line growth of 11% compared to 16% in Q1 2024, but this quarter in combination with a reduction in costs of 8% leading to a spread of 19%. We expect to continue to deliver on this and to create positive EBITDA and ultimately profit.
In terms of growth in invoiced revenue we experienced a decline of 3%, which is mainly due to a higher activity in Advisory Services in Q1 2024 than in Q1 2025 led by the Red Sea attacks at the time and the decline in activity was already factored in for the budget for this quarter.
During the quarter our subscription-based products reached 17% growth for the System ARR (Annual Recurring Revenue) and 18% for the total ARR, which is within our guidance, while the NRR (Net Retention Rate) for the quarter was 120% for the quarter and finally a churn of 0%.
Since the invoiced revenue is unevenly distributed across the quarters of the year, while operational costs are almost evenly distributed, and Q1 is one of the smallest quarters, we did not have positive cash-flow from operations this quarter. With the higher invoiced revenue in the second half of the year, we expect to have positive cash flow from operations for the year as per our guidance.
During 2025 we are working on further developing and implementing the new commercial strategy with well-defined business segmentation of Commercial maritime, Energy, Insurance, Government & Defence, and Land-based logistics, which will drive growth, new clients and client satisfaction during 2025 and onwards."
Reporting period January 2025 - March 2025
DKK `000
|
|
| 2024 | Change |
| |
| 6,587 | 5,953 | +634 | +11% | |
| 5,767 | 5,949 | -182 | -3% | |
| 73% | 56% | - | +31% | |
| 96.6% | 94.1% | - | +3% | |
| 6,332 | 6,865 | -534 | -8% | |
| 255 | -912 | +1,167 | +128% | |
| -1,475 | -2,315 | +840 | +36% | |
| -1,123 | -1,806 | +683 | +38% | |
| -1,703 | 987 | -2,690 | -172% | |
| 789 | 528 | +260 | +49% | |
| -0.04 | -0.16 | - | +73% | |
Metrics Q1 2025:
DKK `000 (2024)
| 0% | (0%) |
| 25,907 | (22,051) |
| 18% | (27%) |
| 24,224 | (20,781) |
| 17% | (28%) |
| 120% | (125%) |
|
|
|
|
Guidance 2025:
- ARR Growth: 15 - 30%
- System ARR: 26.9M - 30.4M DKK
- EBITDA: Positive
- Net result: Zero
- Net cash-flow: Positive
Video presentation:
Live presentation 22 May 15.00 at Stokk.io, please subscribe on Stokk.io
For more information on services and the System:
Please watch our corporate video: Knowing Risk