MapsPeople – Presentation of Q3 quarterly report 2022
This Tuesday, MapsPeople reported its Q3 2022 results, showing an increase in ARR of 61% YoY. As expected, growth is primarily driven by the segment MapsIndoors with a growth rate of 89% YoY. MapsPeople maintained its guidance for 2022. Today, we hosted an event with former CEO and new board member Michael Gram, new CEO Morten Brøgger, and Chairman Lars Brammer. Besides the financial results, the focus was also on what made the new CEO take the position with his view of the company. We also discussed the current capital situation and the statement in the report about the financial position, which is better than expected and enabling MapsPeople to continue its growth strategy.