Risk Intelligence A/S increases its revenue with 78% in Q1 2019

04 April 2019

Risk Intelligence A/S (“Risk Intelligence”) announces today that the Company has increased the revenue with 78% in Q1 2019 compared to Q1 2018.

Due to a combination of increased new sales of licenses and services, and increasing recurring revenue, Risk Intelligence has increased its revenues with 78% in Q1 2019 (3,199,850 DKK) compared to Q1 2018 (1,801,599 DKK). Sales have been derived from both existing as well as new commercial and governmental clients.

CEO Hans Tino Hansen says “This is a strong signal that we are ahead of our growth plan and on the right path to deliver what we promised in connection with our IPO: to double our existing maritime market revenue from 2017 by 2020. We are starting to see positive results of the investments and initiatives made in our Sales and Marketing organisation during second half of 2018 and I am expecting more results to come during 2019”.

Due to the growth plan investments and initiatives Risk Intelligence is still expecting negative results in 2019.

The full Q1 2019 report will be published 22 May 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 4 April 2018.

For more information about Risk Intelligence, contact:

Hans Tino Hansen, CEO
Jens Krøis, CFO

Telephone: +45 7026 6230
E-mail: investor@riskintelligence.eu