Risk Intelligence A/S increases its revenue by 43% in Q2 2019 and by 60% in total for H1 2019
08 July 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 more information about Risk Intelligence, contact:
Hans Tino Hansen, CEO
Jens Krøis, CFO
Telephone: +45 7026 6230
E-mail: investor@riskintelligence.eu