Q1 2023 Presentation

Is the new clients from Belgium Big4 clients or normal sized auditors? When looking at the size deal in Belgium this quarter it is around the same level as Q2 last years which was because of Big4 clients.

Expensive assets such as cars, art and luxury goods can be used for money laundering. Do you see a use case for Penneo in these areas with your focus on AML-governed industries?

Do you have any knowledge about the valuation Verified received with the Verdane investment?

The company Verified, which must be a key competitor got Verdane as minority owner in april and acquired Assently. How do you see the competitiveness of Penneo and what is the difference between Verified and Penneo?

This week I heard from a large danish Enterprise SaaS company that they were not using Penneo, as Penneo could not handle signing from countries outside of the Digital BankID scope for example from the US. Is this true/false and do you see this as a barrier when discussing Penneo with companies who have client relationships outside of the primary countries you support even though the company might not be your primary focus area?

Multiple SaaS companies, both smaller and bigger companies are putting a focus on cloud savings in their operations from better negotiations and improving the cloud structure of the company. Do you see a significant improvement possibility for Penneo in this area or have you already streamlined your operations and negotiated prices that you are satisfied with?

How is the competition on the market. Is Penneo a leading party ?