New Risk • Mar 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Danish stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr.4.3m free cash flow). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Negative equity (-kr.3.6m). Minor Risks Revenue is less than US$5m (kr.25m revenue, or US$3.9m). Market cap is less than US$100m (kr.151.3m market cap, or US$23.3m). Announcement • Feb 21
Konsolidator A/S, Annual General Meeting, Mar 17, 2026 Konsolidator A/S, Annual General Meeting, Mar 17, 2026, at 15:00 Romance Standard Time. Location: vandtarnsvej 83a, 2., dk-2860 soborg, Denmark Reported Earnings • Feb 07
Full year 2025 earnings released: kr.0.24 loss per share (vs kr.0.64 loss in FY 2024) Full year 2025 results: kr.0.24 loss per share (improved from kr.0.64 loss in FY 2024). Revenue: kr.25.3m (up 25% from FY 2024). Net loss: kr.5.83m (loss narrowed 58% from FY 2024). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Jan 21
Konsolidator A/S Provides Earnings Guidance for the Full Year 2026 Konsolidator A/S provided earnings guidance for the full year 2026. For the year, the company expects to deliver an Revenue of DKK 27 million - DKK 29 million. Announcement • Nov 29
Konsolidator A/S Announces Resignation of Torsten Hagen Jørgensen from Board, Effective December 1, 2025 Konsolidator A/S announced that Torsten Hagen Jørgensen will resign from the Board of Directors on December 1, 2025. New Risk • Sep 13
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr.7.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr.7.6m free cash flow). Negative equity (-kr.5.4m). Minor Risks Revenue is less than US$5m (kr.23m revenue, or US$3.6m). Market cap is less than US$100m (kr.71.1m market cap, or US$11.2m). New Risk • Aug 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Negative equity (-kr.80k). Earnings have declined by 1.6% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Revenue is less than US$5m (kr.20m revenue, or US$3.2m). Market cap is less than US$100m (kr.71.6m market cap, or US$11.2m). New Risk • Aug 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-kr.80k). Earnings have declined by 1.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Revenue is less than US$5m (kr.20m revenue, or US$3.1m). Market cap is less than US$100m (kr.76.9m market cap, or US$11.9m). Announcement • Apr 09
Konsolidator A/S to Report Fiscal Year 2025 Results on Feb 05, 2026 Konsolidator A/S announced that they will report fiscal year 2025 results on Feb 05, 2026 Announcement • Mar 14
Konsolidator A/S Announces Board Changes Konsolidator A/S announced at the AGM held on March 13, 2025, approved Michael Rasmussen had informed the board of director that he wished to resign from the board of director and as a consequence, the board of director elect torsten hagen jorgensen as a Independent member of board of director. Reported Earnings • Feb 08
Full year 2024 earnings released: kr.0.64 loss per share (vs kr.0.76 loss in FY 2023) Full year 2024 results: kr.0.64 loss per share. Revenue: kr.20.3m (up 5.7% from FY 2023). Net loss: kr.14.9m (loss widened 22% from FY 2023). Announcement • Feb 07
Konsolidator A/S Provides Earnings Guidance for the Full Year 2025 Konsolidator A/S provided earnings guidance for the full year 2025. for the year, the company expects to deliver an ARR of DKK 23 million- DKK 24 million. New Risk • Feb 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Negative equity (-kr.3.4m). Earnings have declined by 6.2% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Revenue is less than US$5m (kr.20m revenue, or US$2.7m). Market cap is less than US$100m (kr.99.3m market cap, or US$13.7m). Announcement • Feb 04
Konsolidator A/S, Annual General Meeting, Mar 13, 2025 Konsolidator A/S, Annual General Meeting, Mar 13, 2025. Announcement • Dec 20
Konsolidator A/S has filed a Follow-on Equity Offering in the amount of DKK 2.599993 million. Konsolidator A/S has filed a Follow-on Equity Offering in the amount of DKK 2.599993 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 692,962
Price\Range: DKK 3.752
Transaction Features: Subsequent Direct Listing Announcement • Nov 28
Konsolidator A/S Appoints Michael Moesgaard Andersen as Member of the Board of Directors and Chairman Konsolidator A/S announced that Michael Moesgaard Andersen had been proposed and was elected as new member of the board of directors. Immediately after the general meeting, the board constituted itself with Michael Moesgaard Andersen as chairman of the board. Announcement • Nov 13
Jesper Eigen Møller Decides to Leave the Board of Directors of Konsolidator A/S Konsolidator A/S announced that Jesper Eigen Møller has decided to leave the Board of Directors in company to free up more time for other activities and to make room for Michael as the large investor in company. Reported Earnings • Nov 08
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr.4.92m (up 1.2% from 3Q 2023). Net loss: kr.2.78m (loss narrowed 3.9% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. New Risk • Sep 18
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr.11m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr.11m free cash flow). Negative equity (-kr.432k). Earnings have declined by 12% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Shareholders have been diluted in the past year (8.2% increase in shares outstanding). Revenue is less than US$5m (kr.20m revenue, or US$2.9m). Market cap is less than US$100m (kr.86.9m market cap, or US$13.0m). Announcement • Aug 20
Konsolidator A/S Revises Earnings Guidance for the Year 2024 Konsolidator A/S revised earnings guidance for the years 2024. The ARR is now expected to be DKK 21 million - DKK 23 million for 2024 (previous guidance: DKK 24 million - DKK 28 million). Consequently, revenue is lowered to DKK 21 million - DKK 23 million for 2024 (previous guidance: DKK 23 million - DKK 27 million), and EBIT loss is lowered to DKK 10 million - DKK 12 million for 2024 (previous guidance: EBIT loss of DKK 0 million - DKK 5 million). Announcement • Aug 15
Konsolidator Introduces Banking Application Konsolidator introduced its newest application, Konsolidator Banking. This is in line with Konsolidator’s growth strategy, and growth initiatives announced in the annual report 2023. Konsolidator Banking® allows the company to reach a new business segment by leveraging its existing financial consolidation and reporting expertise. The prioritization of Konsolidator Banking follows the interest from Danish banks and credit institutions in getting Konsolidator to provide an easy and fast method for banks and credit institutions to prepare consolidated client numbers. Technically, the application builds on the existing consolidation engine. Throughout 2024, Konsolidator has been developing and testing the new banking application using industry experts and feedback from Danish banks. The first go-to-market version is ready to be launched, and Konsolidator focuses on selling the application in Denmark, followed by the rest of the Nordic countries. Development cost for the first version of Konsolidator Banking has been capitalized during 2024. Announcement • May 03
Konsolidator A/S has completed a Follow-on Equity Offering in the amount of DKK 6.000003 million. Konsolidator A/S has completed a Follow-on Equity Offering in the amount of DKK 6.000003 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 1,685,394
Price\Range: DKK 3.56
Transaction Features: Subsequent Direct Listing Announcement • Apr 30
Konsolidator A/S has filed a Follow-on Equity Offering in the amount of DKK 6.000003 million. Konsolidator A/S has filed a Follow-on Equity Offering in the amount of DKK 6.000003 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 1,685,394
Price\Range: DKK 3.56
Transaction Features: Subsequent Direct Listing Announcement • Apr 27
Konsolidator A/S Provides Earnings Guidance for 2024 Konsolidator A/S provided earnings guidance for 2024. For the year, company's ARR is expected to be in the range of DKK 24 million - DKK 28 million by the end of 2024. Revenue is expected to be in the range of DKK 23 million - DKK 27 million. EBIT is expected to be a loss in the range of DKK 0 - DKK 5 million. New Risk • Apr 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr.69.6m (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr.9.8m free cash flow). Earnings have declined by 27% per year over the past 5 years. Market cap is less than US$10m (kr.69.6m market cap, or US$9.92m). Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). Revenue is less than US$5m (kr.19m revenue, or US$2.7m). Board Change • Apr 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Jesper Moller is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 20
Konsolidator A/S Approves Directorate Changes Konsolidator A/S announced that Karin Cecilia Hulten had informed the board of directors that she wished to resign from the board of directors. As a consequence, the board of directors had proposed to elect Michael Rasmussen as a new independent member of the board of directors. The board of directors stated that the shareholders prior to the general meeting had received in formation about Michael Rasmussen, including his other management level post, in accordance with section 120(3) of the Danish Companies Act. General meeting held on March 19, 2024, approved the proposal. Board Change • Feb 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Chairman of the Board Jesper Moller is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 09
Konsolidator A/S Provides Revenue Guidance for the Year 2024 Konsolidator A/S provided revenue guidance for the year 2024. For the period, the company expects Revenue to be in the range of DKK 23 million-27 million EBIT is expected to be a loss in the range of DKK 0-5m. Announcement • Jan 17
Konsolidator A/S, Annual General Meeting, Mar 19, 2024 Konsolidator A/S, Annual General Meeting, Mar 19, 2024. Announcement • Nov 03
Konsolidator A/S Revises Earnings Guidance for the Year 2023 Konsolidator A/S revised earnings guidance for the year 2023. The company now expects ARR of DKK 20 million - DKK 21 million (prev. DKK 21 million - DKK 23 million); Revenue of DKK 19 million to DKK 20 million (prev. DKK 20 million to DKK 22 million) and EBIT loss of DKK 9 million to DKK 11 million (prev. a loss of DKK 5 million to DKK 8 million). Reported Earnings • Nov 03
Third quarter 2023 earnings released: kr.0.18 loss per share (vs kr.0.30 loss in 3Q 2022) Third quarter 2023 results: kr.0.18 loss per share (improved from kr.0.30 loss in 3Q 2022). Revenue: kr.4.86m (up 11% from 3Q 2022). Net loss: kr.2.90m (loss narrowed 40% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings. Announcement • Aug 22
Konsolidator Releases Two New Integrations PowerOffice and Finance & Operations– Dynamics 365 (F&O) Konsolidator releases two new integrations: PowerOffice and Finance & Operations – Dynamics 365(F&O): Konsolidator releases two new integrations with cloud systems already established in different markets: Norwegian accounting software PowerOffice – strengthening its position in Norway, and Microsoft’s ERP system Finance & Operation – Dynamics 365 -targeting larger groups. The releases make Konsolidator more accessible for a large segment of users that seeks a cloud add-ontool to automate the entire reporting process - from the closing of the books to the final group reporting. PowerOffice integration strengthens group reportingin Norwegian SMEs: PowerOffice is a well-established Norwegian accounting software targeting SMEs. The accounting software helps SMEs by automating the accounting process and focusing on user-friendliness, providing a good match for Konsolidator’s free trial offering. Further, integrating Konsolidator with PowerOffice supports group finance professionals in SMEs by providing a completely streamlined and standardized process by adding consolidation software to handle the process from the books are closed to the final group reporting. Finance & Operations – Dynamics 365 integration eases the consolidation of more complex groups: Finance & Operations – dynamics 365 (F&O) is Microsoft’s more extensive ERP system, targeting larger groups. By integrating with F&O, Konsolidator can strengthen this segment's value proposition for large groups that already have all the finance processes in the cloud. This second integration with Microsoft allows Konsolidator to tap further into its broader customer base to help more finance professionals maximize efficiency and improve data accessibility, quality, and productivity. Konsolidator’s integration portfolio now counts 9integrations: By expanding the integrations portfolio, Konsolidator continues the road toward becoming the preferred consolidation and reporting software for Groups and Auditors with a cloud strategy. With the two new integrations, Konsolidator can now count nine integrations to well-known cloud ERP software in the global market: Finance & Operations – Dynamics 365, Microsoft Business Central, PowerOffice, Xero, Sage, QuickBooks, e-conomic, and Fortnox. Announcement • Aug 10
Konsolidator A/S Revises Earnings Guidance for the Years 2023 and 2024 Konsolidator A/S revised earnings guidance for the years 2023 and 2024. The company now expects an ARR at the end of 2023 in the range of DKK 20 million to DKK 21 million (previous guidance: DKK 21 million to DKK 23 million). Revenue in 2023 is expected to be in the range of DKK 19 million to DKK 20 million (previous guidance: DKK 20 million to DKK 22 million) with an expected EBIT loss of DKK 9 million to DKK 11 million (previous guidance: loss of DKK 5 million to DKK 8 million).For the year 2024, the company expects ARR to be in the range of DKK 24 million to DKK 28 million, revenue to be in the range of DKK 23 million to DKK 27 million and EBIT loss of DKK 0 to DKK 5 million (previous guidance: EBIT profit DKK 0 to DKK 10 million). Announcement • Jun 24
Konsolidator Releases an Ai-Powered Mapping Module Konsolidator announced the release of its new mapping module, which is powered by OpenAI. With AI auto-map, Konsolidator makes it easier for customers to map local accounts to group accounts which is an important and time-consuming task during onboarding. The feature cuts significant time away from the customers' workload during onboarding and brings Konsolidator closer to a complete self-onboarding process. Making the customers able to self-onboard is still a key focus area for Konsolidator. With this release of an AI-powered mapping module, the company has now taken a significant step in solidifying the road toward a complete self-onboarding processes. An essential part of Konsolidator's "Unfolding the potential" strategy is increasing focus on free trial and integrating with existing cloud ERP software. By utilizing emerging technologies like OpenAI, Konsolidator can create an automated self-onboarding process as part of their free trial that ensures constant relevance to a changing marketplace. The goal is to allow small and medium-sized groups to test Konsolidator as a free trial plug-and-play software, where mapping is a heavy part of the process when build a new Consolidation process. Thereby, Konsolidator can onboard more customers faster with fewer resources. Announcement • Jun 13
Konsolidator A/S has completed a Follow-on Equity Offering in the amount of DKK 18.499988 million. Konsolidator A/S has completed a Follow-on Equity Offering in the amount of DKK 18.499988 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 3,839,765
Price\Range: DKK 4.818
Transaction Features: Subsequent Direct Listing Announcement • May 05
Konsolidator A/S Provides Earnings Guidance for the Year 2023 Konsolidator A/S provided earnings guidance for the year 2023. For the year, the company expects ARR of DKK 21 million to DKK 23 million, corresponding to a growth of 20% to 30%; Revenue of DKK 20 million to DKK 22 million, corresponding to a growth of 20% to 30% and LBIT of DKK 5 million to DKK 8 million. Reported Earnings • Feb 10
Full year 2022 earnings released: kr.1.60 loss per share (vs kr.1.60 loss in FY 2021) Full year 2022 results: kr.1.60 loss per share. Revenue: kr.16.7m (up 29% from FY 2021). Net loss: kr.25.2m (loss widened 1.7% from FY 2021). Announcement • Dec 21
Jesper Eigen Møller Takes over as Chairman of the Board of Directors of Konsolidator A/S Jesper Eigen Møller has accepted the position as chairman of the Board of directors in Konsolidator A/S taking over from lawyer Søren Ingerslev, who has decided to leave the Board of directors. Jesper was elected to the board in November 2018 and has experience as chairman from Linkfire A/S and Brøndbyernes I.F. Fodbold A/S. Søren Ingerslev will leave the Board of directors of Konsolidator in order to free up time to focus on his newly assumed role as managing partner of Elmann Law Firm. Reported Earnings • Oct 26
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr.4.36m (up 31% from 3Q 2021). Net loss: kr.4.79m (loss narrowed 2.8% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Oct 14
Konsolidator A/S has completed a Follow-on Equity Offering in the amount of DKK 3 million. Konsolidator A/S has completed a Follow-on Equity Offering in the amount of DKK 3 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 339,213
Price\Range: DKK 8.844
Transaction Features: Subsequent Direct Listing Announcement • Oct 13
Konsolidator Adds Single Sign-On as A New Security Feature Konsolidator has released the new product feature “Single Sign-On" (SSO), which is an extra authentication method that enables users to securely log in to multiple enterprise systems by using just one username and password. Konsolidator strengthened access security with Two Factor authentication in 2020 to help customers increase the security of their accounts, but with SSO activation, customers can now add an additional level of protection for the entire enterprise as SSO allows companies to control user access and deactivation centrally to avoid unintended access when employees leave the company. In addition, SSO makes user management easier and logins faster. An essential part of Konsolidators strategy, “Unfolding the potential,” is to provide value-added applications on top of Konsolidator to address different customer needs without changing the core of the software. Customers that require high-security standards can now add SSO to ensure faster and safer user administration. Konsolidator expects that most of its current customers will employ SSO over time, contributing to higher growth. Further, SSO offering will be yet another element in improving the important SaaS metric “Net Retention.”. Announcement • Oct 11
Konsolidator A/S, Annual General Meeting, Oct 25, 2022 Konsolidator A/S, Annual General Meeting, Oct 25, 2022, at 12:00 Central European Standard Time. Location: Vandtårnsvej 83A, 2. 2860 Søborg Søborg Denmark Agenda: To consider the Handling of the company's loss of share capital; to consider proposal to authorize the company's board of directors to issue warrants; to consider the proposal to remove section 3.4. of the company's articles of association; and to consider any other business. Announcement • Sep 23
Konsolidator A/S Announces Hiring of Country Manager for Norway Konsolidator A/S has hired Sofie Evander Coe as Country Manager and sales responsible for the Norwegian market. Sofie has 15+ years of experience in sales, comes from a position at Raffle.ai, and brings extensive sales experience from SaaS platforms like SiteImprove and Secunia. Konsolidator has a strong brand position in Scandinavia and already has customers in Norway, including House of Control and Play Magnus. Konsolidator estimates that the market potential in Norway is similar to Denmark and estimates 10-20 new customers in Norway during 2023. Additionally, Mouna Klemming-Schmidt has been hired as Country Manager for Sweden and will replace the former Country Manager. Konsolidator estimates that the market potential in Sweden is larger than in Denmark, and so far, Konsolidator has closed 20 new customers in 2022. It is expected that the current growth will continue in 2023.Mouna has 8+ years of experience in sales from companies like Dixa, Falcon.io, and Microsoft. She comes from a position as Business Development Manager for the Swedish market. With the new structure of the sales team and an added sales resource, Konsolidator expects that the growth in Sweden and Norway will be higher than the current level. Sofie and Mouna have joined Konsolidator Headquarters and will drive sales and market expansion from Copenhagen. Konsolidator will close its Swedish office and thereby optimize the cost structure for Sweden. Reported Earnings • Aug 12
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr.4.06m (up 30% from 2Q 2021). Net loss: kr.7.57m (loss widened 11% from 2Q 2021). Announcement • Aug 12
Konsolidator A/S Announces Earnings Guidance for Full Year 2022 Konsolidator A/S announced earnings guidance for full year 2022. For the year, the company expects growth rate of 40-60% in revenue and ARR corresponding to 2022 revenue in the range of DKK 18 million to DKK 21 million, and ARR in the range of DKK 19 million to DKK 22 million at the end of 2022. EBIT in the range of negative DKK 20 million to negative DKK 15 million in 2022. Reported Earnings • Apr 28
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr.3.75m (up 71% from 1Q 2021). Net income: kr.6.98m (up kr.13.0m from 1Q 2021). Announcement • Mar 31
Konsolidator A/S Reaffirms Earnings Guidance for the Years 2022, 2023 and 2024 Konsolidator A/S reaffirmed earnings guidance for the years 2022, 2023 and 2024. For the year 2022, the company expects revenue to be in the range of DKK 18 million to DKK 21 million and Annual Recurring Revenue (ARR) to be in the range of DKK 19 million to DKK 22 million. For the year 2023, the company expects revenue to be in the range of DKK 25 million to DKK 33 million and Annual Recurring Revenue (ARR) to be in the range of DKK 27 million to DKK 35 million. For the year 2024, the company expects revenue to be in the range of DKK 35 million to DKK 54 million and Annual Recurring Revenue (ARR) to be in the range of DKK 37 million to DKK 55 million. Announcement • Mar 06
Konsolidator A/S Releases Self-Onboarding Konsolidator A/S announced that self-onboarding has been added to optimize and strengthen the user journey.Self-onboarding will make it possible toscale the onboarding process, and in addition,self-onboardingisan important next step towards enabling free trial, which Konsolidator will launch in second half 2022. In line with the 3-year growth strategy, Konsolidator is now ready to offer self-onboarding supported by a help center with video tutorials and guides that ensure customers move seamlessly and quickly through the process. The self-onboarding resonates well with Konsolidator's cloud ERP integrations - Sage, Xero, QuickBooks, Fortnox, Visma e-conomic, and Microsoft Business Central 365. The integrations simplify the onboarding process making it possible for smaller groups to self-onboard by using video tutorials and Konsolidator's support help center. In this way, customers can do self-onboarding from anywhere and anytime, corresponding with the increasing demand for flexibility in time planning. From a business perspective, self-onboarding ensures faster onboarding without hiring more employees. It eliminates potential bottlenecks in the 1:1 onboarding process and the barriers of different time zones that are otherwise likely to delay the onboarding. With self-onboarding, Konsolidator® becomes, if not the first, then one of the first consolidation software globally that offers fast and intuitive self-onboarding. Customers can continue choosing a managed onboarding, which larger groups are expected to demand. Reported Earnings • Feb 10
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: kr.1.60 loss per share (down from kr.0.93 loss in FY 2020). Revenue: kr.13.0m (up 72% from FY 2020). Net loss: kr.24.8m (loss widened 76% from FY 2020). Revenue was in line with analyst estimates. Announcement • Feb 10
Konsolidator A/S Announces Revenue Guidance for Full Year 2022 Konsolidator A/S announced revenue guidance for full year 2022. For the year, the company expects Expected growth in revenue and ARR of 40% - 60% corresponding to revenue in the range of DKK 18 million - DKK 21 million and ARR in the range of DKK 19 million - DKK 22 million by the end of 2022. Expected EBIT in 2022 in the range of DKK 23 million -DKK 18 million. Three year expectation for revenue and EBIT are in the ranges of DKK 35 million - DKK 54 million and (5)-5 million by the end of 2024. Announcement • Jan 30
Konsolidator Releases ERP Integration Center to Enable Easy Connections to Global Cloud ERP Systems Konsolidator launched a new product – a cloud ERP integration center to enable easy connections to global cloud ERP systems and reach a broader customer base in line with the newly released strategy "Unfolding the potential". The ERP integration center allows users worldwide to quickly transfer financial data directly from their ERP system as Microsoft Business Central to Konsolidator, thereby improving data accessibility, quality, and productivity in the consolidation process. With the release, enterprises who use multiple ERP systems can upload all their financial data from the entire group to Konsolidator within seconds. Announcement • Jan 12
Konsolidator A/S Provides Earnings Guidance for the Year Between 2022-2024 Konsolidator A/S provided earnings guidance for the year 2022-2024. The company expects an ARR between DKK 37-55 million by the end of 2024, corresponding to an annual growth of 40-60%, which is an adjustment from previously announced DKK 57 million by the end of 2023. In 2024 company expects an ARR in the level of DKK 37-55 million up from DKK 13.6 million in 2021. Announcement • Mar 16
KPMG Switzerland Extends Their Konsolidator Partner Agreement to Include Consolidation as a Service (Caas) and Sales KPMG Switzerland has extended their partner agreement to include Consolidation as a Service (CaaS) and sales. With the extension of the partner agreement KPMG Switzerland will work on all three Konsolidator partner levels – CaaS, sales and onboarding. Firstly, the CaaS agreement will enable KPMG Switzerland to allow their customers to optimize their resources by outsourcing their consolidation to KPMG Switzerland, who will use Konsolidator as consolidation service. Secondly, the sales agreement will allow KPMG Switzerland to sell Konsolidator to clients who want to do the consolidation themselves using Konsolidator, and thirdly KPMG Switzerland will continue as onboarding partner to help assist new customers in Switzerland with the system integration of Konsolidator. Announcement • Mar 14
Konsolidator Signs First Consolidation as Service (CaaS) Partner Agreement with Local Beierholm Entity in Denmark Konsolidator has signed the first CaaS partner agreement with Beierholm Hobro. Beierholm is one of the leading audit firms in Denmark. The partner agreement will allow the local Beierholm entity to use Konsolidator to deliver consolidation and reporting services for their clients. Offering a CaaS partner agreement is an integrated part of Konsolidator's growth strategy for 2021 and a way of expanding the sales channel to the existing partner program that counts end-user sales partners and onboarding-partners. Announcement • Feb 27
Konsolidator A/S Announces Olov Lindqvist Accepted the Position as Chief Technology Officer Konsolidator A/S announced that Olov Lindqvist has accepted the position as Chief Technology Officer. Olov brings in valuable experience to the management team from Saxo Bank as Director and global head of platform development. Olov will be responsible for the growth of development team and the technological landscape of Konsolidator. Is New 90 Day High Low • Feb 01
New 90-day high: kr.41.00 The company is up 18% from its price of kr.34.70 on 03 November 2020. The Danish market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 8.0% over the same period. Is New 90 Day High Low • Jan 11
New 90-day high: kr.39.40 The company is up 17% from its price of kr.33.70 on 13 October 2020. The Danish market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 7.0% over the same period. Announcement • Jan 09
Konsolidator A/S Enters Onboarding Agreement with KPMG Switzerland Konsolidator A/S has entered an onboarding agreement with KPMG Switzerland. Konsolidator has been present in the Swiss market since 2017 when signing Zürich Airport as the first customer. The onboarding agreement is the first in Switzerland with a big four accounting firm and KPMG will assist Konsolidator in the Swiss market with onboarding of customers. The agreement will also close the language gap that may be a barrier for some companies during the onboarding. Is New 90 Day High Low • Nov 26
New 90-day low: kr.30.90 The company is down 23% from its price of kr.40.00 on 27 August 2020. The Danish market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 2.0% over the same period. Announcement • Nov 04
Konsolidator Engages Lianne Gatti as Country Manager for Konsolidator in the United Kingdom Konsolidator has engaged Lianne Gatti as Country Manager for Konsolidator in the United Kingdom. Lianne brings years of experience from financial software sales in the UK where she has effectively built and scaled sales and marketing teams. Lianne will be responsible for developing and growing the UK market. Is New 90 Day High Low • Oct 30
New 90-day low: kr.32.00 The company is down 30% from its price of kr.45.50 on 31 July 2020. The Danish market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 12% over the same period. Is New 90 Day High Low • Oct 05
New 90-day low: kr.34.20 The company is down 27% from its price of kr.47.10 on 07 July 2020. The Danish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 14% over the same period. Announcement • Sep 23
Konsolidator Signs First Customer in Poland Konsolidator has signed its first customer in Poland. This means Konsolidator has customers in 11 different countries. Since the beginning of 2020 Konsolidator has intensified the digital marketing efforts to broaden the potential market reach and the new Polish customer is an example of the effects of this strategy.