Agillic releases Q1 2025 financial results: YoY, ARR from subscriptions is up 4%, EBITDA is up DKK 0.2 million, and cash flow from operations improved by DKK 1.9 million

Core Insights - Agillic A/S reported a 4% increase in Annual Recurring Revenue (ARR) from subscriptions in Q1 2025 compared to Q1 2024, attributed to new clients and stabilization of churn [1][3] - Total revenue decreased by 1% year-over-year in Q1 2025, primarily due to lower revenue following a high churn level in the previous year, but is expected to increase in 2025 according to guidance [1][4] - EBITDA increased by 20% in Q1 2025 compared to Q1 2024, driven by reduced employee costs following organizational changes [2][3] Financial Performance - Revenue from subscriptions remained stable at DKK 12.6 million in Q1 2025, while revenue from transactions decreased by 5% to DKK 2.1 million [3] - Total revenue for Q1 2025 was DKK 14.7 million, down from DKK 14.8 million in Q1 2024, with a gross profit of DKK 12.0 million and a gross margin of 82% [3] - Employee costs decreased by 12% to DKK 7.6 million, while operational costs increased by 9% to DKK 3.6 million [3] Cash Flow and Financial Guidance - Cash flow from operations improved to DKK 1.9 million in Q1 2025, an increase of DKK 1.9 million year-over-year, attributed to positive developments in working capital [2][3] - The company maintains its financial guidance for 2025, expecting revenue between DKK 60-63 million, EBITDA between DKK 5-8 million, and ARR subscriptions between DKK 56-60 million [4]