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OrderYOYO (YOYO) investor relations material
OrderYOYO H2 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved 25% net revenue growth to DKK 316m in 2024, driven by acquisitions and new product offerings.
Strengthened European market leadership with acquisitions in the UK and Germany, including App4 in 2024.
Net loss narrowed to DKK (19.7)m in 2024 from DKK (31.2)m in 2023, reflecting improved operational efficiency.
Entered agreement for acquisition by Pollen Street Capital, leading to delisting from Nasdaq First North in April 2025.
Financial highlights
Net revenue rose to DKK 315.8m in 2024 from DKK 253.0m in 2023 (25% year-over-year growth).
Gross profit increased 27% to DKK 262.5m, with gross margin improving to 83% from 82%.
EBITDA before other external and staff costs was DKK 55.7m, up from DKK 25.6m in 2023.
Depreciation and amortization rose to DKK 58m, mainly due to acquisitions and R&D capitalization.
Cash at year-end was DKK 46.3m, down from DKK 55.3m, mainly due to M&A and financial expenses.
Outlook and guidance
Focus remains on consolidating local market leadership and expanding through further acquisitions.
Continued investment in software development and product innovation to drive future growth.
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