Penneo er en dansk Software-as-a-Service (SaaS)-virksomhed, der leverer løsninger til digital signering, dokument-workflow og compliance såsom et Know Your Customer-produkt (KYC), der hjælper virksomheder med at overholde anti-hvidvask-lovgivningen (AML). Penneo blev etableret i Danmark i 2014, og virksomheden har nu mere end 3.000 kunder i Danmark, Sverige, Norge, Finland og Belgien.
Penneos primære kunder er revisorer, og virksomheden har ambitionen om at blive markedsleder og den foretrukne partner for revisions- og regnskabsbranchen i Europa. Penneo er noteret på Nasdaq Copenhagen Main Market.
This year, the software (SaaS) sector has not ridden the AI wave. Some investors have raised the question of whether AI could harm the growth prospects for the software sector, while others dismiss this thesis due to software companies' strong use cases. At our online SaaS seminar this Tuesday, we got interesting insights from both SaaS investors and SaaS companies.
Today, we have sent out the HCA SaaS newsletter for May 2024 which provides a status for the year following the Q1 2024 results and comments about the current market environment. The median ARR multiple increased slightly to 3.6x ARR in May for the Danish SaaS sector, while the global/US SaaS sector is trading at 5.9x ARR, now the lowest level since 2013 according to data from The SaaS Capital Index. Remember to sign up for our SaaS seminar on Tuesday with both SaaS investors and management members from Danish SaaS companies.
Last week, Penneo announced its Q1 2024 results, reporting an ARR growth of 23% YoY and improved profitability, which aligns with the 2024 guidance. After the Q1 2024 report, we have updated the investment case one-pager with recent news from the report and updated market data.
Se videooptagelsen af Penneos regnskabsevent Q1 2024, hvor selskabets CEO Christian Stendevad og CFO Casper Christiansen præsenterede resultaterne og SaaS nøgletal fra årets første kvartal samt forventninger til resten af 2024.
Penneo forventer at offentliggøre resultater for første kvartal af 2024 den 23. maj 2024. Samme dag kl. 13:00 vil Penneos CEO Christian Stendevad og CFO Casper Christiansen præsentere de finansielle resultater, SaaS metrics og strategiske højdepunkter.
Today, we are publishing our latest Software-as-a-Service (SaaS) sector report, covering the recent news and thematics from the SaaS sector with insights into our comprehensive data set over Danish-listed SaaS companies.
The HCA SaaS newsletter for March 2024 has been sent out today. The newsletter covers the recent news from the Danish SaaS sector and insights from the US SaaS sector, including benchmark data and valuation perspectives.
The HCA SaaS newsletter for February 2024 has been sent out today. The newsletter covers some of the recent news from the Danish SaaS sector and insights from the US SaaS sector.