reports
- ABGSC IT Research
- Mikkel Kousgaard Rasmussen
- ABGSC IT Research
- Mikkel Kousgaard Rasmussen
Correction: On track with Growth Plan - EBT margin of 24-30% is mainta...
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
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...
- ABGSC IT Research
- Mikkel Kousgaard Rasmussen
Minutes of meeting from AGM 2024
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...
- ABGSC IT Research
- Mikkel Kousgaard Rasmussen
cBrain takes lead within AI for government
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...
Cbrain AS: 1 director
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 respo...
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
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 ...
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...
cBrain guides continued growth and solid earnings in 2024 and suggests...
cBrain guides continued growth and solid earnings in 2024 and suggests a dividend raise by 33% Company Announcement no. 02/2024 cBrain guides continued growth and solid earnings in 2024 and suggests a dividend raise by 33% Copenhagen, February 22, 2024 The cBrain 2023-2025 growth plan is based on organic growth and strong positive cash flow. In order to execute the plan, cBrain has reallocated internal resources to help build a climate software market position and a partner ecosystem. cBrain (NASDAQ: CBRAIN) has communicated that the reallocation of resources would nega...
cBrain beats expectations on top and bottom lines as subscription reve...
cBrain beats expectations on top and bottom lines as subscription revenue jumps Company Announcement no. 01/2024 cBrain beats expectations on top and bottom lines as subscription revenue jumps Copenhagen, January 15, 2024 cBrain (NASDAQ: CBRAIN) is pleased to recognize a significant jump in subscription revenue during the fourth quarter of 2023 due to increased usage of the F2 digital platform across the user base. Consequently, cBrain now upgrades total revenue growth guidance to 25-27%, up from previous 20-25%, and upgrades earnings before tax (EBT) guidance to 32-...
The Tree Crop Development Authority in Ghana and cBrain Sign MoU for a...
The Tree Crop Development Authority in Ghana and cBrain Sign MoU for a 6-year Project Company Announcement no. 20/2023 The Tree Crop Development Authority in Ghana and cBrain Sign MoU for a 6-year Project Copenhagen, December 13th, 2023 Digitization is a high priority for the government in Ghana, and in January 2023 cBrain Omni Ghana was therefore established as a joint venture by cBrain (NASDAQ: CBRAIN) and Omni Strategies, located in Ghana. The purpose of cBrain Omni Ghana is to help accelerate and scale the digital transformation in Ghana by reusing Danish government experiences...
- Richard Williamson
cBrain - Helping the public sector to go digital
cBrain develops and sells F2, a highly flexible digital platform that can easily be configured to support all government work processes. The F2 digital platform offers government organisations opportunity to digitise based on standard software instead of traditional custom-built solutions. This eliminates a significant amount of the IT work related to digital transformation and offers government entities substantial business benefits through lower costs, faster delivery and accelerated digital t...
Correction: cBrain is well on track with the 2023-2025 growth plan
Correction: cBrain is well on track with the 2023-2025 growth plan Company Announcement no. 19/2023 cBrain is well on track with the 2023-2025 growth plan Copenhagen, November 2, 2023 With strong first half year results, cBrain (NASDAQ: CBRAIN) has embarked well on the 2023-2025 growth plan. During third quarter we see solid development in Denmark as well as international, in line with the continued implementation of our strategic initiatives. Focusing on F2 Climate Software, developing the F2-for-Partners concept, as well as now offering Artificial Intelligence (AI) for government...
Repeat: cBrain is well on track with the 2023-2025 growth plan
Repeat: cBrain is well on track with the 2023-2025 growth plan Company Announcement no. 19/2023 cBrain is well on track with the 2023-2025 growth plan Copenhagen, November 2, 2023 With strong first half year results, cBrain (NASDAQ: CBRAIN) has embarked well on the 2023-2025 growth plan. During third quarter we see solid development in Denmark as well as international, in line with the continued implementation of our strategic initiatives. Focusing on F2 Climate Software, developing the F2-for-Partners concept, as well as now offering Artificial Intelligence (AI) for government as ...
cBrain has established cBrain India, a joint venture subsidiary in Tam...
cBrain has established cBrain India, a joint venture subsidiary in Tamil Nadu, India Press Release no. 05/2023 cBrain has established cBrain India, a joint venture subsidiary in Tamil Nadu, India Copenhagen, September 11, 2023 In 2020, the Prime Minister of Denmark, H.E. Mette Frederiksen, and Prime Minister of India, H.E. Narendra Modi, signed an agreement between India and Denmark to elevate the Indo-Danish relations to a Green Strategic Partnership. This includes expanding and strengthening the cooperation on energy and climate change; Environment/Water and Circular Economy; Sus...
cBrain reports all-time high revenue growth of 39% and earnings before...
cBrain reports all-time high revenue growth of 39% and earnings before tax (EBT) of 35% Company Announcement no. 18/2023 cBrain reports all-time high revenue growth of 39% and earnings before tax (EBT) of 35% Copenhagen, August 23, 2023 Financial results for first half-year, 2023, show all-time record high revenue growth and earnings, confirming that cBrain is on track to execute the growth plan. Total revenue grew from DKK 95 million to DKK 132 Million, up 39% year over year. Net earnings before tax (EBT) grew from DKK 24 to DKK 47 million, up 93% year over year, posting ...
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