Abonner på pressemeddelelser fra Mdundo.com A/S
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Martin NielsenCEO
Tlf:+4593944055Tlf:+254708911840martin@mdundo.comJesper Vesten DrescherBestyrelsesformand/Chairman of the board
Tlf:+4523229900ir@mdundo.comMdundo is a leading music service for Africa with millions of people streaming and downloading music from our app and website every month. We aim to provide Africa’s millions of internet users with easy access to music whilst contributing structure, legality, and income to the sector.
- Mdundo.com A/S
- Jagtvænget 2
- 2920 Charlottenlund
- https://www.mdundo.com/
Selskabsmeddelelser
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MenuMdundo.com quarterly statement: Reaches 34.5 million monthly users, on track for year on year EBITDA improvement16.4.2024 15:53:24 CEST | Mdundo.com A/S | Interim information
Company Announcement Number 06-2024 Highlights: User Growth Trajectory: Mdundo.com maintains its upward trajectory, reaching 34.5 million monthly active users in March 2024, marking a 41% increase from the previous year. The company anticipates further growth, projecting an increase to 35 million monthly active users by June 2024 and aiming for 50 million by 2025. Revenue Outlook: Targeting revenue of DKK 12-14 million for the financial year ending June 2024. EBITDA Improvement: The company expects a year on year improvement and with an expected minus DKK 6 to 7 million, Mdundo.com is demonstrating progress towards its strategic goal of being EBITDA positive. Regional Focus and Stakeholder Engagements: Mdundo.com expanded its market presence with targeted campaigns, engaging audiences in regions such as northern Nigeria and Kenya's Kalenjin tribe. Furthermore, the company hosted successful stakeholder events, such as the "Mdundo Mixers" in Uganda and Ghana, driving insights, conversati
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Mdundo.com is adjusting guidance for the current financial year, expecting improved EBITDA and lower revenue as a result of currency fluctuations.26.3.2024 13:51:37 CET | Mdundo.com A/S | Company Announcement
The company, a leading music service in Africa, is adjusting EBITDA expectations from minus DKK 6.5 - 7.5 million to between minus DKK 6.0 - 7.0 million as well as adjusting the revenue expectations from DKK 14-17 million to DKK 12-14 million for the financial year ending June 2024. The adjustment is a result of a significant depreciation of the Nigerian naira by 38% against DKK in the period 31st January to 24th March. Since the beginning of the financial year the naira has declined by 53% against DKK.
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Mdundo.com A/S: Issuing of warrants to employees29.2.2024 14:07:06 CET | Mdundo.com A/S | Company Announcement
Company Announcement Number 04-2024 The Board of Directors of Mdundo.com A/S‘ (the “Company”) has decided to exercise part of its authoritization to issue and grant warrants, and has thus issued a total of 105,000 warrants to key employees of the Company and the Company‘s subsidiary (the “Employees”). Each warrant can be exercised to subsribe for one share of nominally DKK 0.10 in the Company. The Board of Directors is authoritized to issue a total of 1,019,666 warrants. By the decision of issuing 105,000 warrants the Board of Directors has issued a total of 995,000 warrants each entitle the holder to subscribe for one share of nominally DKK 0.10. The purpose of the issuing of warrants is to retain and motivate key employees of the Company, to honor already performed tasks and work as well as to provide incentive for them to make a special effort for the value creation of the Company. Each warrant gives the right to subscribe for one newly issued share in the Company of nominally DKK 0
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Mdundo.com A/S reaches new milestone of 30.8 million monthly active users in December 2023 and limits cash-burn to DKK 2.1 million in 1H 2023/247.2.2024 20:20:14 CET | Mdundo.com A/S | Interim information
The company is presenting a solid half-year report with steep growth in monthly active users reaching 30.8 million. The company had a slight overall decline in revenue however with a steep growth in subscriber revenue of 48% and an improved EBITDA of 21% compared to the same period last year.
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Update regarding the extraordinary general meeting of Mdundo.com A/S22.1.2024 14:11:10 CET | Mdundo.com A/S | Resolutions of extraordinary general meeting
The extraordinary general meeting of Mdundo.com A/S was held on 22 January 2024 at Højbro Plads 10, 1264 Copenhagen K. Jaikaran Sawhny elected new member of the Board of Directors.
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Mdundo.com A/S: Notice of extraordinary general meeting. New strong profile proposed to the Board3.1.2024 07:11:41 CET | Mdundo.com A/S | Notice to convene extra. general meeting
The Board of Mdundo.com nominates a new strong profile, Jaikaran Sawhny, as ordinary Board member. Jaikaran brings very strong experience from his former position as Chief Platform Officer at the Indian focused music service JioSaavn (formerly known as Saavn until sold to the telco Jio).
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Rettelse til selskabsmeddelelse7.12.2023 14:40:46 CET | Mdundo.com A/S | Selskabsmeddelelse
I selskabsmeddelelse nr. 8 var den tidligere guidance for 2023/24 anført forkert i tabellen. Nedenfor den korrekte tabel:
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Mdundo.com: Nedjusterer guidance for omsætningen i 2023/24 og forventer nu en vækst på 11-35% fra sidste regnskabsår, ned fra en tidligere forventet vækst på 35-67%. EBITDA og bruger-guidance fastholdes7.12.2023 12:01:39 CET | Mdundo.com A/S | Selskabsmeddelelse
Den afrikanske musiktjeneste, Mdundo.com, har nedjusteret forventningerne til omsætningen for regnskabsåret 23/24 fra tidligere meddelt DKK 17 - 21 mio. kr. til DKK 14 - 17 mio. kr. Den nye forventning repræsenterer en vækst på 11-35 % i forhold til det seneste regnskabsår. EBITDA-forventningerne er uændrede, og selskabet lægger vægt på en fortsat stærk vækst fra betalende abonnenter.
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Decisions of Annual General Meeting in Mdundo.com A/S26.10.2023 17:07:40 CEST | Mdundo.com A/S | Resolutions of annual general meeting
Today Thursday 26th of October 2023, at 15:00 CET, the Company held its Annual General Meeting.
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Mdundo.com 1st Quarter Report 2023-24: Hitting 29.2 million monthly active users in September 202312.10.2023 09:19:22 CEST | Mdundo.com A/S | Interim information
Company announcement no. 6-2023 HIGHLIGHTS Contentious strong user growth: Mdundo.com reaches 29.2 million monthly active users in September 2023, up from 21.5 million in September 2022 representing a 36% growth. Strategic Partnerships with Aleph Group: Mdundo.com has appointed Aleph Group as the reseller of audio ads in key African territories, Aleph is a reseller of X, Meta, Snapchat, Tiktok, Spotify and Google advertising in Africa. Contentious growth of talk-audio and podcast content: The service is experiencing a further growth of podcast and talk-audio content. In September 2023, 4% of all downloads were from this category, up from 2% in March 2023. This is in alignment with the vision of providing Africa with easy and legal access to online entertainment, and not only music. The most popular categories include music reviews, football highlights and educational content. OUTLOOK - Strategic Goals: Mdundo.com A/S aims to reach 50m monthly active users as well as EBITDA positive by
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Mdundo.com A/S: Notice of ordinary general meeting 202329.9.2023 09:45:31 CEST | Mdundo.com A/S | Notice to convene annual general meeting
Mdundo.com A/S hereby gives notice of ordinary general meeting.
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Annual Report: Mdundo.com grows premium service revenue by 239% and exceeds user guidance of 26 million monthly active users26.9.2023 17:31:02 CEST | Mdundo.com A/S | Annual report
The board of Mdundo.com A/S has approved the company's annual report for the period 1 July 2022 – 30 June 2023. During the period, the company has exceeded expectations for user growth by reaching 26.6 million monthly active users and increased revenue from paying customers significantly. The results will be presented by management on a webinar on 28th of September at 4pm (CET). Sign-up here: https://event.webinarjam.com/register/280/lglg7trv
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Mdundo.com: Guidance for FY 2023-24, expects +35% annual growth in monthly active users22.6.2023 20:07:21 CEST | Mdundo.com A/S | Company Announcement
Mdundo.com, a leading African music platform, announce the annual guidance for the fiscal year 2023-24 covering the period from July 2023 to June 2024. The company continues to make impressive strides in its growth trajectory, driven by its focus on key markets, strategic partnerships, and value-driven initiatives.
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Mdundo.com Q3 2022-23 Report: Reaches 24.5m active users in March and increases user-guidance for the year13.4.2023 14:52:53 CEST | Mdundo.com A/S | Interim information
Mdundo is increasing the user guidance for the year with 1m active users from a previously expected 25m to 26m users by June 2023 and reaches 24.5m active users in March in-line with the company’s 2025 strategy.
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MDUNDO.COM A/S: Reaching 23.4m monthly active users and +500% YoY growth in paying subscriber revenue7.2.2023 19:44:49 CET | Mdundo.com A/S | Interim information
Mdundo.com A/S is presenting a strong half-year report with steep growth in monthly active users reaching 23.4m, and a total revenue growth of 161% from the same period last financial year (reaching DKK 6.4m in the first 6 months of the financial year 22-23).
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Mdundo.com launch paid music service in South Africa with the leading operator, MTN22.11.2022 07:47:03 CET | Mdundo.com A/S | Company Announcement
Mdundo.com, one of Africa’s leading music services has partnered with MTN South Africa to launch the Mdundo premium service to MTN’s customers across the country.
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Orientering om forløb af ordinær generalforsamling i Mdundo.com A/S27.10.2022 15:30:30 CEST | Mdundo.com A/S | Forløb af ordinær generalforsamling
Selskabets ordinære generalforsamling blev afholdt den 27. oktober 2022, kl. 15.00, som angivet i indkaldelsen til den ordinære generalforsamling.
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Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them11.10.2022 16:30:22 CEST | Mdundo.com A/S | Managers' transactions
Company announcement no. 12-2022 Mdundo.com A/S has received notification pursuant to article 19 of the Market Abuse Regulation of the attached transactions related to purchase of 6.933 shares in Mdundo.com A/S made by JVD Holding ApS. Average price of per share was DKK 7.56. JVD Holding ApS is closely related to Jesper Vesten Drescher, who is Chairman of the Board of Mdundo.com A/S.
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Mdundo.com Q1 2022-23 Report: Reaches new milestone of 21.5m active users and launch major partnerships in-line with the company’s 2025 strategy11.10.2022 10:34:25 CEST | Mdundo.com A/S | Interim information
Mdundo reaches 21.5 million active users and has launched major partnerships with Universal Music Group and Ghana’s leading telecommunication provider, MTN. The partnerships are in-line with the company’s 2025 strategy on driving value per user through telco-products.
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Mdundo.com A/S: Indkaldelse til ordinær generalforsamling29.9.2022 10:15:49 CEST | Mdundo.com A/S | Indkaldelse til generalforsamling
Mdundo.com A/S indkalder hermed til ordinær generalforsamling 2022.
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Mdundo is a leading music service for Africa with millions of people streaming and downloading music from our app and website every month. We aim to provide Africa’s millions of internet users with easy access to music whilst contributing structure, legality, and income to the sector.
- Mdundo.com A/S
- Jagtvænget 2
- 2920 Charlottenlund
- https://www.mdundo.com/