Impero (IMPERO) investor relations material

Executive summary

• Achieved annual recurring revenue (ARR) milestone of DKK 50.6M in H1 2026, representing 24% year-over-year growth, with net new ARR of DKK 4.4M.

• Positive EBITDA of DKK 1.6M in H1 2026, a DKK 5.7M improvement from H1 2025, reflecting operational leverage and cost control.

• Revenue increased 23% to DKK 24.7M in H1 2026 compared to H1 2025.

• Expanded market presence in Northwestern Europe, with new local operations in the UK and Netherlands and continued momentum in the DACH region.

• Launched new AI-assisted features and modules, enhancing platform stickiness and ARPA.

Financial highlights

• ARR reached DKK 50.6M, up from DKK 40.7M at June 2025.

• Gross profit margin remained stable at 97%; other external expenses decreased by 9% year-over-year.

• Staff costs rose by 2% year-over-year; other income at DKK 224T.

• EBIT improved to DKK -0.1M from DKK -5.9M in H1 2025.

• Net new ARR of DKK 4.4M in H1 2026.

Outlook and guidance

• ARR guidance for end of 2026 set at DKK 53M to 57M, implying 15–23% growth.

• EBITDA for 2026 expected between DKK 0 and +2M, likely at the upper end of the range.

• Continued investment in commercial activities to support ARR growth.

• Key risks include execution of go-to-market initiatives, customer retention, hiring, and macroeconomic/geopolitical stability.

• No material events after the reporting period affecting outlook.