Earlier this week, MapsPeople announced its Q3 2024 report with updated 2024 guidance and the finalization of its acquisition of Point Consulting's customer contracts and indoor mapping assets. We have updated our investment case one-pager with the new guidance and recent news, including updated valuation multiples across selected Danish-listed SaaS companies.

Following the Q3 2024 report, we had the pleasure of hosting an event with the management of MapsPeople. Joining us from MapsPeople were CEO Morten Brøgger and CFO Christian Læsø, who presented the Q3 2024 results and gave some insights into the reasons behind the adjustments to the 2024 guidance.

MapsPeople expects to announce its Q3 2024 financial report on 13 November 2024. MapsPeople’s CEO Morten Brøgger and CFO Christian Læsø will present the financial results and the recent strategic development on the next day, 14 November 2024 at 10:00, in an online live event. The management presentation will be followed by a Q&A session.

Dagens aktienyheder med ExpreS2ion Biotech, Impero, SKAKO, MapsPeople og Ascelia Pharma

Today, MapsPeople reported its Q3 2024 results, adjusted its 2024 guidance, and provided news about the acquisition of Point Consulting's indoor mapping activities. Read more here.

Dagens aktienyheder med ExpreS2ion Biotechnologies, Curasight og MapsPeople

Today, our October SaaS newsletter has been sent out. The median ARR multiple developed positively in the US/global SaaS sector, now at 6.9x ARR (from 6.1x ARR in September) according to The SaaS Capital Index, yet the median ARR multiple for the Danish SaaS sector remained at 3.1x ARR, similar to the level in September. In October, the first Danish SaaS Q3 reports came out from Agillic and OrderYOYO. Additionally, there has been other news in October, including an acquisition from MapsPeople and a guidance upgrade from Dataproces.

We sat down with MapsPeople's CEO Morten Brøgger to discuss the company's recently announced acquisition of Point Consulting’s indoor mapping activities, including its customer contracts and associated technology. Alongside insights on the acquired assets and financial impact, Morten also discussed the details of the transaction value and terms, as well as how this acquisition fits into MapsPeople's M&A strategy.

Dagens aktienyheder med Skjern Bank, MapsPeople, BioPorto, Pharma Equity Group og Audientes

This afternoon, MapsPeople announced the acquisition of Point Consulting’s indoor mapping activities, which implies that MapsPeople only acquires customer contracts and associated technology from the company. This acquisition is in line with MapsPeople’s new M&A strategy which was announced in connection with the successful capital raise, completed in September 2024.

Today, our SaaS newsletter for September has been sent out. Overall, September was less eventful across the SaaS sector, yet we can look back at the global/US SaaS sector’s Q2 earnings season before we move into the Q3 earnings season. Looking at the median ARR valuation multiple, this is now 6.1x by the end of September (6.2x by the end of August) for the global/US SaaS sector and 3.1x ARR by the end of September 2024 (3.2x ARR by the end of August) for the Danish SaaS sector.

Dagens aktienyheder med Flügger group A/S, MapsPeople