CodeLab Capital AS - operational update prior to AGM
24 Jun 2024 07:30 CEST
Subscribe
Issuer
CodeLab Capital AS
Oslo, 24 june 2024
Reference is made to the AGM notice of June 18th.
This update does not replace the monthly update, which will follow after June is
over, but is intended to give an up to date status on Uniscale's operational and
commercial performance the last weeks.
Uniscale is after launching its AI product, experiencing increased demand for
its products, and the KPIs and sales numbers through June reflect this clearly.
In April Uniscale booked 42 meetings every week, while last week Uniscale booked
125.
In April Uniscale sold 5 licenses every week, while the same number last week
was 35.
And most importantly; monthly value of sales last week was NOK 37k vs NOK 1.7k
per week in April.
Please see attached for further details on the development.
Every week in June have been the best week in Uniscale history in terms of
traction with customers. The big improvements come from targeting larger
customers with more paying seats, and 100% penetration of our premium price
plan.
Last week Uniscale added NOK 37k in value/revenue. Keeping that momentum for the
next 12 months would mean a MRR of NOK 1.8 million / ARR of NOK 21 million one
year from now. Uniscale expects churn, but also ramp-up of seats per customer.
It's too early to tell which effect will have the biggest impact over 12 months.
In addition to this June has also been the month where we are onboarding a
well-known enterprise customer, which could lead to a substantial amount of
paying seats down the line.
At the same time Uniscale recocgnizes that there is still room for improvement
in the UX/UI, and we are still only utilizing few of our commercial
opportunities. Triggering more activity through conferences, articles, etc.
shortly give room for optimism of even higher sales numbers.
For further information, please contact:
CEO Kristian Ikast: ki@codelabcapital.com
CFO Christoffer Mathiesen: cm@codelabcapital.com
More information:
Access the news on Oslo Bors NewsWeb site
622175_CodeLab Capital - operational update 24 June.pdf
Source
CodeLab Capital AS
Provider
Oslo Børs Newspoint
Company Name
CODELAB CAPITAL AS
ISIN
NO0010895667
Symbol
CODE
Market
Euronext Growth
Attachments
Original Link
Permalink
Disclaimer
CodeLab Capital AS published this content on
24 June 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
24 June 2024 07:47:32 UTC.
Codelab Capital AS, formerly Patientsky Group AS, is a Norway-based Information Technology (IT) solutions provider. The Company is developing eHealth solutions for global healthcare and offers both Software-as-aService (SaaS), Platform-as-a-Service (PaaS) and Value-Added Services (VAS) solutions to healthcare providers and their patients. The Company's main products are the PatientSky 360 Platform, electronic health record systems and medication modules. The PatientSky 360 Platform is the core of the group's business, and is a platform that provides all the necessary building blocks for internally and partner developed modules of scalable healthcare software.