MapsPeople

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.

We have released an updated version of our investment case one-pager on MapsPeople following yesterday's Q2 2023 report where MapsPeople grew its total ARR by 69% YoY and confirmed its 2023 guidance.

Earlier today, MapsPeople was represented by CEO Morten Brøgger and CFO Jesper Lund Tidemand in a virtual live event. The management presented the recent results for Q2 2023 and answered questions from the audience.

Today, MapsPeople has announced its Q2 2023 report and maintained its guidance for 2023.

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

Today, MapsPeople announced the result of its rights issue. In total, the company raises DKK 28.3m in gross proceeds, implying that 10,093,425 new shares will be issued at a subscription price of DKK 2.80 per 1 new share.

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?

Yesterday, MapsPeople was represented by the company's CEO Morten Brøgger and Chairman Lars Brammer to present the Q1 2023 results and the recent news, including the offering of new shares with pre-emptive rights for existing shares. The presentation was followed by a Q&A session. 

Today, MapsPeople announced an offering of new shares with pre-emptive rights for existing shareholders. If the offering is fully subscribed, MapsPeople receives gross proceeds of approx. DKK 34.2m (up to 12,220,769 new shares at a subscription price of DKK 2.80 per 1 new share).