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07 Apr 2021
Arctic FLASH: Kahoot - Comforting guidance and accretive acquisition

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Arctic FLASH: Kahoot - Comforting guidance and accretive acquisition
Q1 trading update: Invoiced sales of USD 19.1m (-5%/-1% vs ARCe/Cons)…
…organic paid seats growth below ARCe but comforting guidance
Acquired Motimate for USD 25-27m, representing 5x 2021 ARR target
Minimal organic estimate changes expected, but target should be lifted?