4.74DKK -3.27 %

HC Andersen Capital receives payment from Impero for a DigitalIR/Corporate Visibility agreement. See disclaimer.

309 investors are following this company

Impero is a Danish Software-as-a-Service (SaaS) company that provides a compliance management platform. The Impero platform enables companies to easily manage compliance through the automation of risk and control management, documentation, and reporting. Impero empowers companies to become more compliant in a scalable, digital, intuitive, and – most importantly – easy way. Impero is listed at Nasdaq First North in Denmark.

-95.52 %
Dividend yield-%
Target price
First North Denmark
Daily low / high price
4.7 / 4.76 DKK
Market cap
98.05M DKK
24.95K DKK

Major Owners
Source: Millistream Market Data AB

Kolind A/S27.5 %27.5 %
JG Invest & Consult ApS26.3 %26.3 %
Not activated

This content is for our Premium customers only.

HCA SaaS Update August: Mixed growth picture, but improved profitability in the H1 earnings season

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.

Analyst Comment13.09.2023 by Kasper Lihn
Impero (One-pager): Continues high ARR growth and solid SaaS metrics in H1 2023

Today, we have updated our investment case one-pager on Impero following last week's H1 2023 report, continuing its high ARR growth rate of 40% and at the same time improving its capital efficiency.

Research29.08.2023 by Kasper Lihn
HCA SaaS Update July: Reports from US cloud giants show signs of growth bottoming out

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.

Analyst Comment08.08.2023 by Kasper Lihn
HCA SaaS Update June: Takeover offer and first H1 trading updates from the Danish SaaS sector

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.

Analyst Comment26.07.2023 by Kasper Lihn
Dagens aktienyheder 06/07-2023

Dagens aktienyheder 6. juli - 2023

Analyst Comment06.07.2023 by Claus Thestrup
SaaS Seminar 2023

Do you want to know more about the latest development in the SaaS sector and get investment insights from an institutional Nordic SaaS investor as well as presentations of listed SaaS companies and recent insights from their management?

Software-as-a-Service sector report - May 2023: Have headwinds peaked?

From a valuation perspective, the sector has been hit by a higher interest rate environment, which potentially could have peaked. At the same time, we have seen a lower growth rate in Q1 2023 from the listed global SaaS companies, which is now closer to Gartner's projected 2023 SaaS global market growth.

Research24.05.2023 by Kasper Lihn
HCA SaaS Update – April 2023: Takeover and delistings in focus

Our third monthly Software-as-a-Service (SaaS) newsletter is out! In our newsletter, we shed light on the recent market development and the current trend of companies being taken off the stock market (takeover and delistings).

Analyst Comment10.05.2023 by Kasper Lihn
HCA SaaS Update - March 2023: Focus on 2023 guidance and the growth picture

Today, we have sent out our second monthly Software-as-a-Service (SaaS) newsletter, which covers news from March month and the recent development in the ARR valuation multiple. This newsletter’s theme focuses on the growth outlook for 2023, providing perspectives from Gartner reports, a CIO survey, as well as new 2023 guidance from the listed companies. Looking into the Danish SaaS sector, we see that the expected 2023 growth rates (we take the midrange of the SaaS companies’ 2023 ARR guidance) are slightly above the realized ARR growth from 2022.

Analyst Comment13.04.2023 by Kasper Lihn
SaaS Deep Dive - Outlook for 2023 and market drivers

Last week, we hosted a Software-as-a-Service (SaaS) deep dive event, focusing on the market outlook for 2023 and market drivers. In the introduction, we set the scene and provided an update on the current investor topics in the SaaS sector followed by projected overall software market growth rates in 2023 and valuation perspectives.

SaaS update January 2023: Rebound in the first month of 2023

The SaaS HCA Index, measured on a simple ARR multiple (median) across 19 listed Danish SaaS companies, increased slightly to 4.3x ARR by the end of January 2023 from 4.2x ARR by the end of December 2022. However, the SaaS companies’ share prices increased by a median return of approx. 14% in the first month of 2023 and thus rebounding from larger declines during 2022. In general, the relatively small increase in the median ARR multiple itself is explained by new higher reported ARR numbers from some of the SaaS companies, which have updated the market with end of 2022 numbers.

Analyst Comment01.02.2023 by Kasper Lihn