Risk Intelligence A/S ("Risk Intelligence" or the "Company") hereby announces the outcome of the rights issue of units, which was announced by press release on 3 October 2023 (the "Rights Issue"). The Rights Issue has been subscribed for a total of approximately 75.2 percent, of which approximately…

Risk Intelligence A/S ("Risk Intelligence" or the "Company") hereby announces the outcome of the rights issue of units, which was announced by press release on 3 October 2023 (the "Rights Issue"). The Rights Issue has been subscribed for a total of approximately 75.2 percent, of which approximately 43 percent was subscribed for with the support of unit rights and approximately 1 percent was subscribed for without the support of unit rights. Approximately 31.2 percent was subscribed by underwriters. Through the Rights Issue, Risk Intelligence receives approximately DKK 13.8 million before deduction of issue costs. The proceeds from the Rights Issue will be used to reestablish the equity, repay all short-term loans and for investments in new technology as well as to secure working capital for ongoing and upcoming growth initiatives.

Outcome of the Rights Issue

The subscription period in the Rights Issue ended on 24 October 2023. In total, 887,364 units, corresponding to 10,648,368 shares were subscribed for with and without support of unit rights, corresponding to approximately 75.2 percent of the Rights Issue. 506,715 units were subscribed for with unit rights, corresponding to approximately 43 percent, whereas 12,680 units were subscribed for without unit rights, corresponding to approximately 1 percent of the Rights Issue. 367,969 units were subscribed for by underwriters, corresponding to approximately 31.2 percent of the Rights Issue. Through the Rights Issue, the Company receives approximately DKK 13.8 million before deduction of issue costs, which amount to approximately DKK 2.3 million. 

Read full press release on the company's investor website: Risk Intelligence A/S announces outcome of the rights issue

Risk Intelligence A/S (“Risk Intelligence” or "the Company") signs a new three-year deal with a major cruise line operator (“the Client”) for the Risk Intelligence System including the new cruise feature and intelligence reports. 

The Risk Intelligence System (MaRisk+PortRisk) including the cru…

Risk Intelligence A/S (“Risk Intelligence” or "the Company") signs a new three-year deal with a major cruise line operator (“the Client”) for the Risk Intelligence System including the new cruise feature and intelligence reports. 

The Risk Intelligence System (MaRisk+PortRisk) including the cruise specific feature is now available to the client’s security and intelligence department. The Client is operating vessels on the traditional Mediterranean / Caribbean circuits as well as having boutique adventure experiences.  

The Client also has access to Risk Intelligence Advisory analysis reports and consulting services, providing full spectrum support for the security and intelligence team when they need additional horsepower for new destinations, re-positioning voyages and contingency planning. 

Read full press release on the company's investor website: Risk Intelligence A/S signs a three-year deal with a major cruise line operator for the RI System

Risk Intelligence A/S (“Risk Intelligence” or "the Company") has signed an agreement with Teekay Tankers, providing access to the Risk Intelligence System as well as operational intelligence consultancy. 

Teekay was founded in 1973 by Torben Karlshoej, hence, his initials inspired the company n…

Risk Intelligence A/S (“Risk Intelligence” or "the Company") has signed an agreement with Teekay Tankers, providing access to the Risk Intelligence System as well as operational intelligence consultancy. 

Teekay was founded in 1973 by Torben Karlshoej, hence, his initials inspired the company name, Teekay. Under his leadership, the company evolved into one of the most prestigious ship owners and marine operators. Teekay’s tanker operations are managed out of Singapore, where they will have direct access to the support of the Risk Intelligence Singapore Office and Analysts.

The Risk Intelligence team is confident that MaRisk + PortRisk delivers top-tier maritime intelligence to enhance Teekay Tankers Security's capabilities. This includes access to regularly updated threat assessments, incident alerts, and the round-the-clock services of the Risk Intelligence 24/7 Duty Watch.

Read full press release on the company's investor website: Risk Intelligence A/S welcomes Teekay Tankers to the Risk Intelligence System

Highlights fra Risk Intelligence investor update

Risk Intelligence afholdt i eftermiddags investor event med tilhørende Q&A her på stokk.io. For at give et overblik har jeg samlet nogle af de punkter jeg fandt mest interessant fra eventet.

Stabile omkostninger, hvor omsætningen snart overstiger …

Highlights fra Risk Intelligence investor update

Risk Intelligence afholdt i eftermiddags investor event med tilhørende Q&A her på stokk.io. For at give et overblik har jeg samlet nogle af de punkter jeg fandt mest interessant fra eventet.

Stabile omkostninger, hvor omsætningen snart overstiger cost-base

"You could see it on the light blue line on the graph that Jens went through, is that our production kind of cost is as is. We're going to add maybe one or two analysts during the next couple of years, but that's about it because we have the organization that is needed to support and produce the updates to our clients on Intelligence. Every day we are going to invest more on the commercial side, including we are building Client Customer Success Team as it's called, and we are going to hire some people there, but otherwise the structure is as is and is relatively stable."

Selskabet tilføjer yderligere at omkostninger ligger på salgssiden ikke support

"We do have obviously cost of acquiring clients through marketing and lead generation, but we have almost no cost connected to onboarding that is self explanatory and takes place through videos as well as the system is self explanatory. We also have clients that get our data through API and integrate them into their own platforms and systems that is mainly big clients or government. The Risk Intelligence system is fully scalable and it is basically the marketing and lead generation and the invoice at the end. So the sales effort is what costs and the rest is fully scalable."

Fra 1 til 3 revenue-streams

"The interesting thing with the new platform is there are many interesting things mainly seen from a user perspective and a client perspective. But from the shareholder perspective the existing platform has one type of license fee which is based on the number of users. While the new platform will still have that, it'll just do it in a much more tailormade combination where you can have different number of users having different access levels to different features in the license. We will have about 20% increase on the license fee. Then we will have new features that will be against an additional fee and then we will have third party data, for instance Weather, AIS, which is a ships precision system and similar. And this means that the platform goes from having 1 revenue stream to 3 revenue streams plus the price increase. So we are strongly believing that this will be the main driver of our growth in 24 and 25 and onwards."

Invoiced revenue viser gode takter

"So if we look at the full year and especially at the fourth quarter, our cost is stable. So the light blue line is representing the quarterly cost. So by kind of prolonging that the known revenue we already know and have confirmed, the two lines will actually cross during the fourth quarter. So during the fourth quarter we will actually have a positive EBITDA. The rather steep line is the invoice if we continue invoicing the way we have been."

Potentiel omsætning fra nye kundesegmenter

"Then another thing in the strategy is to address parts of the market that we haven't been able to address previously and thereby increase the market horizontally as well as vertically. The best example on horizontal is Medair International SOS that we made a partnership agreement with where they are very strong in the luxury leisure market with the Super Yachts and mega Yachts where they have 50% of the world market on the super yacht side and 80% on the mega yachts side. We are developing a feed to them and then they will integrate that in their products that they will launch in 2024 to this specific market. And this is a market that we previously could not address from our sales efforts."

Prisstigninger forventes at komme fra november og løbende frem

"Actually when you do launch with a new platform which has many more features and actually provides the client with many more opportunities and actually gives them a better product, they usually understand that it also comes with a price increase. The impact will not be as of 1 November. It will come into effect over the next twelve months as clients renew their contracts. So the ones that have a contract that is from, let's say 1 March, they will obviously have until 1 March on the old license, even if it's the new platform and then it starts to accelerate from there"

Sidste kapitalrejsning ifb. strategien

"As mentioned in the presentation, and with the positive cash flow from operations during Q4, the funding will be sufficient to support the entire 2025 strategy. However, as I also mentioned earlier, if there are any strategic opportunities that may arise during 24 and 25, so that's of a large scale it may look different, but otherwise we are continuing as per the strategy and with the aims and goals that we have there. And one of those is not to have any further capital increases during the strategy period."

Hvorfor selskabet ikke har nået sine mål fra IPO blev adresseret

"The guidance that we provided at the IPO in 2018, which is mainly connected to LandRisk which was the main growth provider for the strategy where we launched LandRisk in October 2019 and when we were about to roll out LandRisk in early 2020. The world was hit by COVID and none of the logistics companies or the major manufacturers had time to talk to us about software."

Du kan selv vurdere hvad du synes var interessant information i eventet ved at tligå det hele lige her: https://stokk.io/app/event/104/investor-update-and-rights-issue-qa/

Disclaimer: Jeg har aktier i Risk Intelligence. Dette er ikke en købs - eller salgsanbefaling, men blot deling af information.

Risk Intelligence A/S ("Risk Intelligence" or the "Company") can today announce that members of management and board of directors have subscribed for units in the ongoing rights issue of units of approx. DKK 2.1 million (the "Rights Issue") in accordance with the subscription commitments communicat…

Risk Intelligence A/S ("Risk Intelligence" or the "Company") can today announce that members of management and board of directors have subscribed for units in the ongoing rights issue of units of approx. DKK 2.1 million (the "Rights Issue") in accordance with the subscription commitments communicated in the memorandum, together with the additional subscriptions commitments that was communicated in the press release published on the 12 October 2023.

The proceeds from the Rights Issue will be used to reestablish the equity, repay all short-term loans and for investments in new technology as well as to secure working capital for ongoing and upcoming growth initiatives. The Company also expects that the strengthened financial position, combined with increased market demand, will have a positive impact on discussions and negotiations with current and potential clients.

The Company has previously received subscription commitments of approximately DKK 6 million from the Board of Directors, management, current and new shareholders as well as guarantee commitments of approximately DKK 7.8 million, corresponding to a total of approximately 75.2 percent of the Rights Issue.

Financial advisor and issuing agent

Corpura Fondkommission AB (www.corpura.se) is acting as financial advisor and Mazanti-Andersen is acting as legal advisor to Risk Intelligence in connection with the

INVESTOR NEWS: Risk Intelligence A/S ("Risk Intelligence" or the "Company”) publishes the memorandum in connection with the Company's rights issue of units where the subscription period commences today, 11 October 2023 (the "Rights Issue"). The Company raises a maximum of DKK 18.4 million and has r…

INVESTOR NEWS: Risk Intelligence A/S ("Risk Intelligence" or the "Company”) publishes the memorandum in connection with the Company's rights issue of units where the subscription period commences today, 11 October 2023 (the "Rights Issue"). The Company raises a maximum of DKK 18.4 million and has received subscription commitments and guarantee commitments corresponding to a total of 75.2 percent of the issue volume.

The memorandum, containing complete terms and conditions, will be available on the Company's website Rights Issue page, Spotlight Stock Market and on Nordic Issuing’s website. Registration forms will be available on the above-mentioned websites.

On 3 October 2023, Risk Intelligence announced the Board of Directors resolved on a new issue of units with preferential rights for existing shareholders. The resolution was made based on the authorisation granted by the Extraordinary General Meeting on 3 October 2023. In connection with the Rights Issue, the Company has prepared an information memorandum, which today, 11 October 2023, has been approved by the Board of Directors.

Read full press release here >> Risk Intelligence A/S informs about the start of subscription period and publishes memorandum

Go to subscription page >> Rights Issue

Risk Intelligence A/S launches a new feature on the Risk Intelligence System to support cruise line security. 

The Risk Intelligence System now has a new feature which allows clients from the cruise industry to access bespoke cruise terminal threat assessments on a specific layer. Clients will …

Risk Intelligence A/S launches a new feature on the Risk Intelligence System to support cruise line security. 

The Risk Intelligence System now has a new feature which allows clients from the cruise industry to access bespoke cruise terminal threat assessments on a specific layer. Clients will have access to the Risk Intelligence System with all existing threat assessments, incidents and guidance but Cruise clients will also be able to access cruise terminal specific assessments including vulnerability and threat assessments. Clients will be provided with checklists which enable vessel security officers to complete a basic survey this is then submitted to the Risk Intelligence advisory team who can aggregate the results – resulting in cost effective covering of many cruise terminals for our clients. 

The introduction of this new feature will empower Risk Intelligence to enhance its services for its long-standing cruise line clients, including those like Fred. Olsen, who have been clients since the launch of MaRisk in 2008. Additionally, it will enable Risk Intelligence to tap into a considerably larger share of the global cruise market as per the objectives outlined in the 2025 Strategy. 

The full press release is available on the company's website:

Risk Intelligence A/S launches a cruise line security feature on the Risk Intelligence System

Risk Intelligence A/S signs a new deal with Hamburg based technical cargo ship management company for the Risk Intelligence System and intelligence reports.

The Risk Intelligence System is now available to the operations department and the security team at a Hamburg based technical ship management c…

Risk Intelligence A/S signs a new deal with Hamburg based technical cargo ship management company for the Risk Intelligence System and intelligence reports.

The Risk Intelligence System is now available to the operations department and the security team at a Hamburg based technical ship management company. The Client is focused on the technical management of smaller feeder cargo vessels which may change routes on a regular basis – as such the access to near real-time intelligence is key for their operations.

The full press release is available on the company's website:

Risk Intelligence A/S signs a new deal with Hamburg based Technical Cargo Vessel Management Company

Risk Intelligence A/S (“Risk Intelligence”) hereby calls an Extraordinary General Meeting. 

To the shareholders of Risk Intelligence A/S: NOTICE of Extraordinary General Meeting in Risk Intelligence A/S (CVR-nr. 27 47 56 71)

With reference to clause 5 of the Articles of Association of Risk Intel…

Risk Intelligence A/S (“Risk Intelligence”) hereby calls an Extraordinary General Meeting. 

To the shareholders of Risk Intelligence A/S: NOTICE of Extraordinary General Meeting in Risk Intelligence A/S (CVR-nr. 27 47 56 71)

With reference to clause 5 of the Articles of Association of Risk Intelligence A/S (CVR-no. 27 47 56 71) and the Danish Companies Act, section 94, you are informed that an extraordinary general meeting is held; Tuesday, 3 October 2023, at 10am at the Company’s address: Strandvejen 100 DK-2900 Hellerup

Participation in the shareholders’ meeting requires that a request for participation is by registration and information of the shareholder’s email address at the following link no later than 29 September 2023 23.59: Risk Intelligence A/S EGM 2023.

The agenda will be as follows:

1. Election of chairman of the meeting
2. Decision to authorise the board of directors to increase the share capital by issuing new shares against cash contribution and to amend the Articles of Association of the company as part hereof.
3. Any proposals from the management and the shareholders

The full press release is available on the company's investors website:

Risk Intelligence A/S Extraordinary General Meeting 2023

The Board of Directors of Risk Intelligence A/S (“Risk Intelligence” or the “Company”) intends to resolve on a rights issue of a maximum of 14,158,512 shares (“shares”) equivalent of approx. DKK 18.4 million, before issue costs, with pre-emptive right for current shareholders (“Rights issue”). An E…

The Board of Directors of Risk Intelligence A/S (“Risk Intelligence” or the “Company”) intends to resolve on a rights issue of a maximum of 14,158,512 shares (“shares”) equivalent of approx. DKK 18.4 million, before issue costs, with pre-emptive right for current shareholders (“Rights issue”). An Extraordinary General Meeting ("EGM") is proposed to authorize the Board of Directors to resolve on the Rights Issue. The EGM is planned to be held on 3 October, 2023, and the notice will be published through a separate press release. In addition, the Company has received a conditional commitment from EIFO (Vækstfonden) of a long-term loan up to approx. 5 MDKK upon completion of the Rights Issue. The subscription price amounts to DKK 1.30 per share. In connection with the Rights Issue, the Company has received subscription commitments of approx. DKK 5.6 million and guarantee undertakings of approx. DKK 8.3 million, corresponding in total to approx. 75.2 percent of the Rights Issue. The proceeds from the Rights Issue will be used to reestablish the equity, repay all short-term loans and for investments in new technology as well as to secure working capital for ongoing and upcoming growth initiatives. The Company also expects that the strengthened financial position, combined with increased market demand, will have a positive impact on discussions and negotiations with current and potential clients.

Motivation

To enable successful implementation of the 2025 Strategy, the Board of Directors has formulated a comprehensive strategy. This strategy includes addressing the balance sheet, reestablishing the equity, eliminating all short-term loans, establishing a substantial liquidity reserve, and securing capital for necessary investments. These measures are intended to create a stable foundation for the entire 2025 Strategy and significantly reduce financial costs, ultimately leading to positive EBT in combination with positive cash flow from operations.

The full press release can be found on the company's investor website:

The board of Risk Intelligence A/S intends to resolve on a rights issue of shares of approx. DKK 18.4 million