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Investor Relations14 Oct 2025
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Mapspeople (MAPS) investor relations material
Mapspeople Q1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2025 earnings summary21 May, 2025
Executive summary
Q1 is the final earnings call before delisting from Nasdaq First North, following Apex Group Technologies' majority acquisition and DKK 39M capital injection.
Recognized revenue grew 4% YoY to DKK 15M, with EBITDA loss improving 19% to DKK -7M.
MapsIndoors ARR increased 19% YoY to DKK 46.3M, remaining the main growth driver.
Growth pace slowed due to global trade uncertainty and customer decision delays.
Delisting is expected after the extraordinary general meeting on May 27, with all shareholders offered a buyout.
Financial highlights
Revenue increased 4% YoY to DKK 15M, with MapsIndoors ARR up 19% YoY to DKK 46.3M.
EBITDA loss improved to DKK -7M from DKK -8.5M YoY, a 19% improvement.
Net revenue retention rebounded to 105% in Q1, up from 103% in Q4.
CAC payback period for MapsIndoors at 17 months, within the 12–18 month target.
Net cash outflow from operating activities reduced to DKK 6.1M from DKK 11.3M YoY.
Outlook and guidance
Management remains focused on ARR growth and cost optimization, expecting to meet full-year guidance.
DKK 39M capital injection from Apex is expected to support continued growth and expansion.
What is driving the improved CAC payback?
Assess impact of trade wars on new contracts.
Elaborate on the decrease in other ARR.
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Frequently asked questions
MapsPeople A/S is a company that specializes in digital mapping and indoor navigation solutions. The company provides a cloud-based platform called MapsIndoors, which allows businesses to create customized indoor maps for a variety of applications. These maps are used in sectors such as transportation, healthcare, corporate offices, and sports venues to improve navigation and enhance user experience. MapsPeople's technology integrates with popular platforms like Google Maps, offering real-time updates and routing functionalities for complex indoor environments. The company is headquartered in Aalborg, Denmark, and its shares are listed on the NASDAQ.
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