Canopy Holdings AS – KPI update per end of Q3 2022/2023

10 February 2023 - 19:00

(Oslo, 10 February 2023) As per the end of Q3 of the financial year 2022/2023, Canopy Holdings AS (OSE:CAN) had total pro forma annual recurring revenues of EUR 7.2 million on a consolidated basis.

There was a net increase of 5 resorts during Q3, of which 3 were in the transactional segment, and an additional 2 resorts in the SaaS segment.

Per the end of Q3 2022/2023, ending 31 January 2023, the total business-to-business (B2B) pro forma annual recurring revenues and annual transactional recurring net revenues were EUR 7.2 million, representing a YoY increase of 5%.

The Company, based on current strategy and market trends, expects to report annual recurring revenues in December 2023 of EUR 9.5 million, of which EUR 7.3 million is expected to be generated by the transactional segment with the remaining EUR 2.2 million contributed by the SaaS segment.

The updated KPI presentation is enclosed.

Disclosure regulation

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.


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,, Skitude and Spotlio.


Provided by: Nordic IR
Euronext Growth Oslo (Norway)
Spotlio AS
Spotlio AS is a trailblazing force in destination digital technology, offering tailor-made solutions - from apps to e-commerce, and almost everything in between - that redefine the way consumers interact with resorts, parks, and attractions....
Learn more about company

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