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Penneo
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How does this Q&A work:

This company invites all interested, both current investors and potential investors to participate in this event, ask questions directly on this page before the event starts and upvote those questions you would like addressed.

The company will address as many questions as possible, and focus on those questions most wanted by investors.

Speakers at this event:

Christian Stendevad
Chief Executive Officer
Casper Christiansen
Chief Financial Officer
May
23

Q1 2024 Presentation and Q&A

Thu, 23 May, 2024, 10:00 – 11:00
Event by Penneo

4 Questions

A
A**** *****
May 23, 2024

In Q1 you got a lot more new customers than last year. Do you see this trend in customer acquisition continue into Q2?

A
A**** *****
May 23, 2024

The big account that churned what was the reason, are you experiencing increased competition?

S
S**** *****
May 23, 2024

Can you just shortly explain the Churn and Uplift numbers. You write that uplift contributed with 0% growth, but in the waterfall chart it shows 13% uplift which is significantly higher than churn from the chart at 5%, but on page 10 you have 0 in uplift and -1,5 DKKm in churn which would resolve in negative NRR. I am just wondering how to understand these two different illustrations?

S
S**** *****
May 23, 2024

You write in the report that you will introduce KYC in Belgium in second half of the year, does this mean so far it has only been the sign solution that has been in focus in Belgium?