Expects revenue growth and increase in employee employment in 2022 of approx. 40%.

Strong global demand for FOM Technologies research equipment and technology, causes the company to again increment guidance for the company’s 2021 revenue. The increasing inflow of orders leads to expectations of revenue growth as well as an increase in employee employment in 2022 of approx. 40%.  

Strong global interest from academic customers and in particular corporate customers means that FOM Technologies again raises its guidance for revenue from previously DKK 18 – 21 million. to DKK 20 – 22 million, while guidance for EBITDA remains unchanged at DKK -1 to 1 million.

CEO Michael Stadi states: “We see a strong, global and growing demand for our technology. A demand that now means that already before the start of the Christmas month, we are building the order pipeline for Q1 2022. The interest is from all geographical areas and within all our strategically defined focus areas. A huge praise must go to the entire FOM team, where we expect to complete all 2021 projects on time, despite global scarcity of industrial components. That is literally world class”.

NEW UPDATED FINANCIAL GUIDANCE FOR ANNUAL REPORT 2021:’
Revenue: Interval range from DKK 20 mio. to DKK 22 mio.
EBITDA: Interval range from DKK -1 mio. to 1 mio.

FINANCIAL GUIDANCE FOR ANNUAL REPORT 2022:
Revenue:Interval range from DKK 26 mio. to DKK 30 mio.
EBITDA: Interval range from DKK 1 mio. to 3 mio.

The updated guidance is insider information and are based on preliminary and unaudited financial figures for 2021+2022. The final annual report for 2021 is expected to be published Thursday he 24th of February 2022.