30.8.2021 07:58:31 CEST | Risma Systems A/S |
Company Announcement
Company Announcement No 10-2021
Monday 30 August 2021.
Financial report for the period 1 January to 30 June 2021
Highlights for H1 2021
RISMA increased ARR from DKK 12.7m to DKK 13.7m despite the fact, that management was heavily involved with the IPO and that resources in the sales organization were limited. From Q3 onwards, the sales organization are being rebuild based on the new commercial management team now in place.
RISMA successfully onboarded 22 customers
As announced in company announcement 7-2021 on date 30 June 2021, has the full year guidance for ARR been changed from DKK 14,6m to DKK 15,0-15,4m
Management review
RISMA continues to develop on the GRC suite and with an extra reporting layer that combines reporting in all relevant GRC areas, we believe that RISMA’s suite in Q1 2022 will be even more attractive for customers and partners.
We expect that our niche in the GRC market in this decade will be consolidated around fewer full GRC software suites rather than the many point solutions that presently dominate the market. It has for many years been RISMA’s ambition to be first mover in this development.
Organizational growth
The commercial management team has been significantly strengthened. In the period, RISMA hired a new Chief Commercial Officer, Jan Jansson, who came from an Equity Partner position in Deloitte. Other new hires included new Sales Directors for Sweden and Norway, a new Marketing Manager, and a new Director for partnerships. A former colleague, Steen Rath, rejoined RISMA as Sales Director for Denmark and RISMA’s former Chief Sales Officer, Kasper Hülsen, took up a new position as Chief Market Development Officer.
Management presentation
Please join our online event with presentation of H1 report and management review by CEO & Founder Lars Nybro Munksgaard, CCO Jan Axel Jansson, CFO Thomas Hermann and chairman Lars Ankjer. Sign up to online event held in collaboration with HC Andersen Capital at 12.00-12.30 PM September 2nd.
If you wish to follow the event streamed in our new office located Ejby Industrivej 36-38, DK-2600 Glostrup, and meet the management team afterwards, please send an e-mail to investor@rismasystems.com no later than September 1st at 12.00 PM.
Further Information
CEO, Lars Nybro Munksgaard
Mobile (+45) 31 48 11 00
e-mail: lnm@rismasystems.com
RISMA Systems A/S
Ejby Industrivej 34-38, 2600 Glostrup, Denmark
Certified Advisor
Grant Thornton
Jesper Skaarup Vestergaard
Direct (+45) 35 27 50 11, Mobile (+45) 31 79 90 00
Grant Thornton
Stockholmsgade 45, 2100 Copenhagen Ø, Denmark
About Risma Systems A/S
RISMA is a leading SaaS company helping organizations structure, handle, and document their efforts across the business-critical areas of Governance, Risk, and Compliance. RISMA’s unique and user-friendly GRC Suite makes cross-organizational collaboration easy to demonstrate and report on regulations and standards such as GDPR & Privacy, ISMS, Risk Management, Financial Controls, ESG and sustainability – and much more. RISMA is listed on Nasdaq First North with a mission to become a leading GRC platform for medium and enterprise businesses and organizations.
Attachments
Download announcement as PDF.pdf
RISMA Half-Year Report 2021.pdf
