Agillic

Agillic expects to report its Q3 results 2023 on 12 October 2023. The same day at 11:00, Agillic’s CEO Emre Gürsoy and CFO Claus Boysen will present the financial results, SaaS metrics, and an update on the recent business highlights in a virtual live event. The management presentation will be followed by a Q&A session.

In this month’s SaaS newsletter, we cover the Danish SaaS Q2/H1 earnings season combined with global perspectives from the US SaaS earnings season and news from the IPO market. As always, we also update on the Danish and US median ARR multiple across the sector.

Today, we have updated our investment case one-pager on Agillic following last week's H1 2023 report and updated guidance for 2023.

This Thursday, Agillic released its Q2/H1 2023 results which showed a revenue growth and ARR growth of approx. 10% and 3%, respectively. Longer sales cycles and a decline in ARR transactions resulted in a downgrade in its revenue and ARR guidance for 2023. EBITDA guidance remained unchanged.

Today, Agillic has released its H1 2023 report following yesterday’s adjustment of its 2023 guidance. With longer sales cycles due to cautious buying behavior and a decline in ARR transactions, Agillic downgrades its top-line guidance for 2023 (ARR and revenue). EBITDA guidance remains unchanged.

Our monthly HCA SaaS newsletter, covering the recent development in the Danish SaaS sector during July, has just been sent out. Besides an update on the Danish median ARR multiple across the sector, we also cover recent Q2 reports from the US cloud giants and look into growth rates in the Danish SaaS sector ahead of the Q2 reporting season.

Our monthly HCA SaaS newsletter, covering the recent development in the Danish SaaS sector, has just been sent out. Besides an update on the Danish median ARR multiple across the sector, we also cover a new takeover offer as well as some of the first H1 2023 trading updates.

Dagens aktienyheder 6. juli - 2023

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