Risk Intelligence A/S increases its revenue by 43% in Q2 2019 and by 60% in total for H1 2019
Risk Intelligence A/S (“Risk Intelligence”) announces today that the Company has increased the revenue by 43% in Q2 2019 compared to Q2 2018 and 60% for H1 2019 compared to H1 2018.
Risk Intelligence continues to meet the projected targets set out in the growth plan and has increased its revenues by 43% in Q2 2019 (2,703,652 DKK) compared to Q2 2018 (1,884,233 DKK). Sales have been derived from both existing as well as new commercial and governmental clients.
The Revenue in H1 2019 increases by that 60% (5,903,502 DKK) compared to H1 2018 (3,685,833 DKK).
CEO Hans Tino Hansen says “For the second consecutive quarter this year we are showing our ability to meet the targets set out in the Growth Plan and communicated in 2018: to double our existing maritime market revenue from 2017 by 2020. The H1 revenue is a result directly related to the investments and initiatives made in our Sales and Marketing organisation during second half of 2018 and I am very pleased to see that this is now reflected in our top line.”
Due to the planned investments and initiatives in growth Risk Intelligence is still expecting negative EBITDA in 2019.
The full Q2 2019 Interim report will be published 21 August 2019.
This information is information that Risk Intelligence A/S is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out below, on 8 July 2019.
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 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)’ which is a digital platform that allows clients to monitor global security risks and enables them to plan and implement missions in risk areas. Risk Intelligence is listed on the Spotlight Stock market [RISK].