16.3.2023 07:00:02 CET | Canopy Holdings AS | Additional regulated information required to be disclosed under the laws of a member state
(Oslo, 16 March 2023) Canopy Holdings AS (Canopy Holdings, Euronext Growth Oslo:CAN) reported revenues of NOK 27.9 million in the financial third quarter ending 31 January 2023. This represents a growth of 4% compared to reported revenues of NOK 27.0 million in the corresponding period last year. The company had a cash position of NOK 16.8 million as per 31 January 2023.
“Canopy Holdings has continued to deliver on its growth strategy during this quarter with acquisition of new customers and a clear focus on profitability through cost rationalization initiatives. For the full financial year 2022/2023 (ending 30 April 2023) we expect revenues in excess of NOK 80 million which would correspond to a year-over-year growth in excess of 10%. For the upcoming 2023/2024 financial year we target revenues of at least NOK 110 million (∼EUR 9.5 million) coupled with profitability for our operating entities, says Christian Erlandson, CEO of Canopy Holdings.
“During the upcoming months we expect to see a strong close to the winter season and anticipate significant traction for the early summer season in our parks and attractions offerings across North America and Europe”, Erlandson concludes.
Canopy Holdings will today host a company presentation at 08:00 CET.
Event: Presentation of Canopy Holdings third quarter FY 2022/2023 financial results, 1 November 2022 to 31 January 2023
Time: 08:00 – 08:30 CET
Presenters: Christian Erlandson, CEO, and James Price, CFO
Streaming details:
https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20230316_3
The presentation will be held in English and will be followed by a Q&A session.
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Contacts
James Price, CFO, james@canopyholdingsas.com
About Canopy Holdings AS
Canopy Holdings AS is a multi-national technology company listed on Euronext Growth Oslo. The company owns a leading portfolio of brands and companies that provides digitalization solutions to ski resorts, destinations, parks and attractions in key markets. Canopy Holdings AS currently consists of Catalate, Liftopia.com, Skitude and Spotlio.
Attachments
Canopy Q3 22_23.pdf
