Interim Report 1 January 2019 - 30 September 2019
Risk Intelligence A/S (“Risk Intelligence” or the “Company") hereby publishes the Interim Report for the period January 2019 - September 2019. The report is available on the Company’s website (www.riskintelligence.eu).
Total revenue increased 43% in Q1-Q3 2019 to 9,425 TDKK compared to Q1-Q3 2018 (TDKK 6,586). Renewal rate was 100% for the period. As communicated and due to the planned investments and initiatives in growth, EBITDA will not become positive until 2020. As per our press release of 23 September Risk Intelligence is also fully funded.
CEO Hans Tino Hansen says: “During third quarter of 2019 focus has been on meeting the most important goals set out at the IPO in 2018, finishing the development and launch of LandRisk and furthermore the opening of our office in Singapore. Our Growth Plan to double our existing maritime market revenue from 2017 by 2020 continues and we are seeing strong signals that we are following our plan. We are showing our ability to meet the target set in the Growth Plan, which is directly related to the investments and initiatives that have been launched since early 2018. I am very pleased to see that this is reflected in Risk Intelligence’s top line.”
Reporting period Q1-Q3: January 2019 – September 2019
- Revenue: TDKK 9,425 (6,586) +43%
- Earnings before interest, taxes, depreciation and amortization (EBITDA): TDKK –7,057 (-4,734)
- Earnings before taxes (EBT): TDKK -8,223 (-5,504)
- Profit/loss for the period: TDKK -6,414 (-4,293)
- Earnings per share: DKK -0.76 (-0.56)
Reporting period Q3: July 2019 – September 2019
- Revenue: TDKK 3,522 (2,901) +21%
- Earnings before interest, taxes, depreciation and amortization (EBITDA): TDKK -1,902 (-1,430)
- Earnings before taxes (EBT): TDKK -2,391 (-1,684)
- Profit/loss for the period: TDKK -1,865 (-1,313)
- Earnings per share: DKK -0.22 (-0.17)
For further information about Risk Intelligence, please contact:
Hans Tino Hansen, CEO
Jens Krøis, CFO
Telephone: +45 7026 6230
Web page and social media:
Risk Intelligence A/S was founded in 2001 by Hans Tino Hansen. The company has evolved to become a prominent company in security risk management by delivering threat and risk assessments worldwide. Risk Intelligence operates and assists customers and partners from headquarters located north of Copenhagen, the office in Singapore as well as through representatives in Europe, Asia and North America. The business has been designed with international scalability in mind and the company is globally regarded as an expert in its field. Risk Intelligence provides the ‘Risk Intelligence System (MaRisk + PortRisk + LandRisk)’ which is a digital platform that allows clients to monitor global security risks and enables them to plan and conduct operations in risk areas. Risk Intelligence is listed on the Spotlight Stock market [RISK].