Dataproces Group (DATA) Q4 23/24 earnings summary

Executive summary

• Revenue increased by approximately 50% year-over-year to DKK 32.0 million, driven by growth in both SaaS and data analysis segments.

• EBITDA improved by DKK 11 million, reaching DKK 8.6 million compared to a loss last year.

• Annual Recurring Revenue (ARR) rose 45% to DKK 18.2 million as of April 30, 2024.

• The company secured new capital of DKK 5.6 million through debt conversion, strengthening its financial foundation.

• SaaS agreements expanded to 153 active subscriptions, with significant growth in municipal clients.

Financial highlights

• Revenue: DKK 32.0 million (up from DKK 21.4 million year-over-year).

• EBITDA: DKK 8.6 million (up from -DKK 2.6 million year-over-year).

• Net income: DKK 0.3 million (up from -DKK 6.9 million year-over-year).

• Cash flow from operations: DKK 13.7 million (up from DKK 2.8 million year-over-year).

• ARR: DKK 18.2 million (up from DKK 12.6 million year-over-year).

• Equity: DKK 20.7 million; equity ratio: 45%.

Outlook and guidance

• ARR expected to grow 30–40% in 2024/25, corresponding to DKK 5.5–7.3 million increase.

• Revenue guidance for 2024/25: DKK 33–38 million.

• EBITDA guidance for 2024/25: DKK 10–14 million; EBIT: DKK 2–4 million.

• Growth expected from both new customers and upselling to existing municipal clients.