cBrain executes growth plan, remaining on target Company Announcement no. 11/2024 cBrain executes growth plan, remaining on target Copenhagen, November 7, 2024 Driven by expanding partnerships and large contracts globally, cBrain (NASDAQ: CBRAIN) intends to become a leading supplier of COTS (commercial off-the-shelf) software for government. Based on solid development in Denmark and a solid growing international pipeline of customer projects, cBrain foresees significant growth in 2025. Commercial off-the-shelf (COTS) software redefines and accelerates government digital transforma...
Correction: cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-30% Company Announcement no. 10/2024 cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-30% Copenhagen, November 28, 2024 cBrain (NASDAQ: CBRAIN) is executing its international growth plan with a financial goal of reaching total revenue of 350 million DKK in 2025. This goal is anchored in two primary revenue streams, referred to as “Base” and “Stepping stones”. The “Base” stream aims to achieve annual revenue growth of 10-15% by stre...
cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-28% Company Announcement no. 10/2024 cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-28% Copenhagen, November 28, 2024 cBrain (NASDAQ: CBRAIN) is executing its international growth plan with a financial goal of reaching total revenue of 350 million DKK in 2025. This goal is anchored in two primary revenue streams, referred to as “Base” and “Stepping stones”. The “Base” stream aims to achieve annual revenue growth of 10-15% by strengthening and expanding ex...
Correction: On track with Growth Plan - EBT margin of 24-30% is maintained cBrain (NASDAQ: CBRAIN) corrects the announcement released this morning: The Interim Report incorrect guides an EBT margin of 20-25 % for 2024. cBrain maintains the guidance for the fiscal year 2024 with earnings before tax margin (EBT margin) of 24-30%. This is based on continued growth in Denmark, increased international sales, and increased investments into the growth plan in the second half of 2024. Best regards Per Tejs Knudsen, CEO ------- Company Announcement no. 09/2024 On track ...
On track with Growth Plan Company Announcement no. 09/2024 On track with Growth Plan Copenhagen, August 21, 2024 Revenue grew by +6% to DKK 139m in the first half of 2024, up from DKK 132m in the first half of 2023. The low half-year growth was expected due to an unusual revenue split between the first and second half of 2023, where first-half revenue grew +39% year over year and accounted for 55% of the total fiscal year revenue. Danish revenue grew by +21% to DKK 87m in the first half of 2024, up from DKK 72m in the first half of 2023, showing a stable and solid development in t...
Minutes of meeting from AGM 2024 Company Announcement no. 08/2024 Minutes of meeting from AGM 2024 Copenhagen, April 24, 2024 At cBrain's (NASDAQ: CBRAIN) ordinary general meeting on April 24 The Board of Directors' report on the Company’s activities in the past year was approved,The Annual Report 2024 was adopted and resolution regarding discharge for the Management and the Board of Directors was passed,Appropriation of profit or covering of loss according to the approved annual report approved (dividend of DKK 0.28 per share),Peter Loft, Thomas Qvist and Per Tejs K...
cBrain takes lead within AI for government Company Announcement no. 07/2024 cBrain takes lead within AI for government Copenhagen, April 24, 2024 cBrain (NASDAQ: CBRAIN) entered 2024 on the back of continued strong organic growth and solid earnings, reporting full-year 2023 results showing a 27% growth year-over-year and EBT (earnings before tax) of 34%. The first months of 2024 show continued business development in line with plans, winning new customers and projects in both Denmark and internationally. Consequently, cBrain maintains its expectations for 2024, forecasting full-ye...
A director at Cbrain AS sold 192,730 shares at 350.000DKK and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sho...
Reporting of transactions made by persons discharging managerial responsibilities Company Announcement no. 06/2024 Reporting of transactions made by persons discharging managerial responsibilities Copenhagen, April 16, 2024 Pursuant to the Market Abuse Regulation Article 19, cBrain A/S (NASDAQ: CBRAIN), hereby notifies receipt of information of the attached transaction made by persons discharging managerial responsibilities in cBrain A/S. Best regards Per Tejs Knudsen, CEO Inquiries regarding this Company Announcement may be directed to Ejv...
cBrain releases first F2 standard module for government AI Company Announcement no. 04/2024 cBrain releases first F2 standard module for government AI Copenhagen, March 14, 2024 In close collaboration with Danish government authorities, cBrain (NASDAQ: CBRAIN) has designed and developed a new F2 standard module for government Artificial Intelligence (AI). The new module is called F2 AI Assistant. The release of the F2 AI Assistant module represents a milestone for cBrain, which strongly supports cBrains growth plan. It extends the F2 digital platform and initiates a new ...
In 2023 cBrain grew revenue by 27% and delivered record high earnings before tax margin (EBT margin) of 34% Company Announcement no. 03/2024 In 2023 cBrain grew revenue by 27% and delivered record high earnings before tax margin (EBT margin) of 34% Copenhagen, February 22, 2024 Total revenues grew by +27% to DKK 239m in 2023, up from DKK 188m in 2022. Earnings before tax (EBT) grew by +66% to DKK 81m in 2023, up from DKK 49m in 2022. cBrain (NASDAQ: CBRAIN) thereby reports record high earnings before tax margin (EBT margin) of 34%. cBrain is well on track and executes the 2023-202...
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