Beskrivning
| Land | Norge |
|---|---|
| Sektor | Informationsteknik |
| Industri | Programvara |
2022-09-26 08:00:00
Høvik, 26 September 2022: House of Control Group AS ("House of Control" or "the
Company") is performing in line with prior guidance, maintaining a solid growth
momentum with strengthened focus on cost control and profitability in 2022. The
company expects positive EBITDA for the full year 2022 and positive Cash EBITDA
after capitalized R&D investments from mid-2023.
For the full year 2022, the Company expects revenues between NOK 218 - 222
million and adjusted EBITDA between NOK 16 - 20 million.
For further information please contact:
CFO Carl Fabian Flaaten
Cell: +47 90 04 31 84
Email: carlfabian@houseofcontrol.no
About the House of Control Group
House of Control Group is a tech company that develops software as a service
(SaaS) solutions for contract management and IFRS 16 compliance. The CFO and the
finance departments of medium-sized and large companies are the main target
groups, and the group's software helps them improve financial and operational
management. Private and public enterprises use the software to manage contracts
and assets, communicate with suppliers, and get a faster overview over their
business via dashboards. The CFO toolkit contributes to at least four important
tasks: Cut costs, save time, reduce risk, and improve compliance - all key
ingredients of a better working finance department. House of Control's strong
revenue growth is supported by a unique salesforce, with recurring revenues
accounting for approximately 95 per cent of total sales.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This stock exchange announcement was published by Carl Fabian Flaaten, CFO at
House of Control, on 26 September 2022 at 08:00 CEST.