cBrain (NASDAQ: CBRAIN) is happy to announce that Lars Møller Christiansen has accepted the role as new CFO starting August 1st, 2025…
cBrain aims to create and lead two new global solution niches
cBrain reports EBT of 32% and raises payout ratio to 20%
cBrain intends to take lead in COTS for government industry
cBrain raises expected 2024 EBT margin to 30-32%
For the year 2024, cBrain (NASDAQ: CBRAIN) has forecasted revenue growth of 10-15% and earnings before tax (EBT) of 24-30%.
Revenue growth is now narrowed from 10-15% to 12-13%, aligning with the middle of the previous range. In parallel cBrain raises expected EBT from 24-30% to 30-32%. The expected revenue growth is in line with the three-year growth plan, while earnings exceed expectations…
cBrain executes growth plan, remaining on target
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…
cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-30%
On track with Growth Plan
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...