Capital Com MENA Securities Trading LLC is regulated by the Capital Market Authority.
Open platformOpen platform

Denmark's Konsolidator Q3 revenue rises 

By Reuters News


Overview

  • Denmark cloud financial software firm's Q3 revenue rose 19% yr/yr

  • Contracted annual recurring revenue grew 18% to DKK 26.8m

  • Company completed refinancing plan, lowering interest rates and expected to improve liquidity


Outlook

  • Konsolidator now guides 2026 contracted ARR at DKK 28–29 mln

  • Company expects 2026 revenue of DKK 28–30 mln

  • Konsolidator forecasts 2026 EBITDA of DKK 0–1 mln


Result Drivers

  • PARTNER SALES - Konsolidator said partners and Konsolidator Iberia accounted for 80% of new sales and delivered above expectations

  • CUSTOMER RETENTION - Net retention improved to 98 from 91 and ARR churn rate fell to 9.8%, with further improvement expected in Q4

  • DELAYED SALES - Longer customer decision-making processes delayed new sales signings in Q2, with 16 new customers signed in Q3, mainly in Iberia


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

DKK 7.3 mln


Reuters Recommended Reads

  • Oct 29 - Denmark's Netcompany meets Q3 revenue estimates, lifts 2026 revenue growth forecast

  • Oct 27 - Manhattan Associates Q3 revenue beats estimates on cloud subscription growth

  • Oct 27 - Finland's TietoEVRY Q3 revenue falls on soft demand


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.