MapsPeople (One-pager): Aims to accelerate ARR growth after transformative years
After MapsPeople announced its annual report for 2024 last Thursday, we have updated our investment case one-pager with the new financials, 2025 guidance, and recent news, including updated valuation multiples across selected Danish-listed SaaS companies. Looking into 2025, MapsPeople expects to accelerate its ARR growth to the range of 20-37%. To support its strategic investments and growth plans, MapsPeople expects to raise DKK 15-20m in 2025.
Yesterday, we hosted an event with MapsPeople’s management, who presented the annual report for 2024 and its 2025 guidance. Watch the management presentation and Q&A session here: https://www.inderes.dk/videos/mapspeople-presentation-of-annual-report-2024
Disclaimer: HC Andersen Capital receives payment from MapsPeople for a Digital IR/Corporate Visibility subscription agreement. /Michael Friis 08:19 (updated 13:10), 11 March 2025.
MapsPeople
MapsPeople er en Software-as-a-Service (SaaS) virksomhed med fokus på digital kortlægning til indendørs navigation. De to primære indtægtsstrømme er 1) MapsIndoors som er MapsPeoples egenudviklede kortløsning til indendørs navigation 2) Google Maps partnerskab med Google. MapsIndoors er nøglesegmentet med høje tocifrede vækstrater, og Google Maps-segmentet forventes at være en mere stabil forretning fremadrettet. MapsPeople har en global tilstedeværelse med kontorer i Danmark, Tyskland, Singapore og USA, og kunderne omfatter nogle af de største brands i verden. Virksomheden har været noteret på Nasdaq First North Premier i Danmark siden juni 2021.
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