Half-year Report 1 January 2019 – 30 June 2019
21 August 2019
Risk Intelligence A/S (“Risk Intelligence” or the “Company") hereby publishes the Half-Year Report for the period January 2019 - June 2019. The report is available on the Company’s website (www.riskintelligence.eu).
Total revenue in H1 2019 (5,904 TDKK) increased by 60% compared to H1 2018 (3,686 TDKK). Renewal rate was 100% for the period. As communicated and due to the planned investments and initiatives in growth, EBITDA will be negative during 2019.
CEO Hans Tino Hansen says: “An increase in revenue of 60% during the first six months is a strong signal to our shareholders and to the market that for the second consecutive quarter we are on or even ahead of the targets set out in the Growth Plan aiming to double our existing maritime market revenue from 2017 by 2020. Importantly, and as testimony of our close client relationships our renewal rate was 100%. The increase in revenue is directly related to the investments and initiatives that have been launched since 2018 and I am very pleased to see that this is reflected in Risk Intelligence’s top line, and I am looking forward to the Company’s continuing growth in 2019.”
Reporting period 1H: January 2019 – June 2019
Revenue: TDKK 5,904 (3,686) +60%
Earnings before interest, taxes, depreciation and amortization (EBITDA): TDKK -5,155 (-3,304)
Earnings before taxes (EBT): TDKK -5,832 (-3,820)
Net income for the period: TDKK -4,549 (-2,980)
Earnings per share: DKK -0.59 (-0.52)
Reporting period Q2: April 2019 – June 2019
Revenue: TDKK 2,704 (1,884) +43%
Earnings before interest, taxes, depreciation and amortization (EBITDA): TDKK -2,788 (-2,283)
Earnings before taxes (EBT): TDKK -3,035 (-2,525)
Net income for the period: TDKK -2,367 (-1,966)
Earnings per share: DKK -0.29 (-0.34)
For more information about Risk Intelligence, contact:
Hans Tino Hansen, CEO
Jens Krøis, CFO
Telephone: +45 7026 6230
E-mail: investor@riskintelligence.eu