Kape’s trading update for the year ended 31 December 2022, issued today, shows that it has been a year of considerable progress and achievement at both operational and financial levels. Pro forma Adjusted EBITDA is expected to be ahead of guidance, with revenue at the top end of guidance. ExpressVPN integration has also exceeded expectations. With a restructured balance sheet and considerable financial firepower, Kape looks set to continue its growth charge forward into FY23 and beyond.
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PROGRESSIVE: Kape: Charging forward into 2023
- Published:
17 Jan 2023 -
Author:
Gareth Evans | Ian Robertson -
Pages:
3
Kape’s trading update for the year ended 31 December 2022, issued today, shows that it has been a year of considerable progress and achievement at both operational and financial levels. Pro forma Adjusted EBITDA is expected to be ahead of guidance, with revenue at the top end of guidance. ExpressVPN integration has also exceeded expectations. With a restructured balance sheet and considerable financial firepower, Kape looks set to continue its growth charge forward into FY23 and beyond.