MapsPeople expects to announce its Q2 2023 report on 22 August 2023. The next day, 23 August 2023 at 14:00, MapsPeople’s CEO Morten Brøgger and CFO Jesper Lund Tidemand will present the results and recent highlights in a virtual live event. The management presentation will be followed by a Q&A session.
In June 2023, MapsPeople finalized its rights issue. The total gross proceeds of the rights issue amounted to approx. DKK 28.3m, which will be used to finance operations and secure high ARR growth from new initiatives. By the end of 2023, the company guides for an ARR of DKK 77-87m, corresponding to a growth rate of 129-159% YoY. In 2023, revenue is expected to be in the range of DKK 38-45m (31-55% growth YoY), and EBITDA is expected to be in the range of DKK -62m and DKK -52m.