News from cBrain
For the financial year 2022, cBrain has announced an expected revenue growth of 20-25% and earnings before tax of 15-20%, and in August cBrain raised expectations for earnings before tax to 18-22%. cBrain maintains its expectations and is happy about continued good development, with both new customers and an ongoing influx of new projects with existing customers.
Our company and F2 software is one of 15 mentioned top picks of Copenhagen based Consumer Software & Apps companies worth following.
We are happy to welcome employees and customers in the new, beautiful surroundings of the Utzon House.
The financial statement for the first six months shows a revenue of 95 million DKK as compared to 75 million DKK in the same period last year, corresponding to a 27% increase in revenue. Earnings before tax (EBT) has increased to 24 million DKK as compared to 17 million DKK in the same period last year, corresponding to a 44% increase in earnings (EBT).
For the fiscal year of 2022, cBrain has previously announced an expected revenue growth of 20-25% and earnings before tax (EBT) of 15-20%.
The Danish Working Environment Authority is in the process of an ambitious and comprehensive modernization of the agency’s IT systems.
cBrain is to supply F2 as the new digital platform to the Danish Climate Forest Foundation. The new solution for the Danish Climate Forest Foundation is to support grant management, including being able to receive applications based on map data, ensure an efficient case handling process and journaling, together with support of the Foundation’s other work.
cBrain has entered into an agreement to purchase the Utzon House in Nordhavn, which during the past year has undergone an extensive renovation. During fall, cBrain expects to move into the new building, which will become the company’s new headquarters in Copenhagen.
cBrains CEO and founder Per Tejs Knudsen is featured the latest edition of Time Magazine International Edition (June 6 / June 13, 2022) as a part of the article “Denmark – Architects of Change”.
cBrain has entered into an agreement with the Environmental Compliance Office (ECO), which is a division of the Federation of Egyptian Industries (FEI). cBrain is to supply an F2 solution that is to support the issuance of loans to Egyptian companies in relation to energy efficiency improvement.
cBrain has won a tender in Kenya. cBrain will provide a national digital platform to support extended producer responsibility and the circular economy.
Circular economy, reduced plastic pollution and extended producer responsibility are important areas in the global climate agenda, and areas that more and more countries and the EU are working on.
cBrain is pleased to have entered into an agreement with the Ministry of Higher Education and Science on the delivery of F2 to the ministry's group. This means that cBrain will have a new agency as a customer, as the Danish Agency for Higher Education and Science will now introduce F2 as the agency's digital platform.
cBrain has won a public EU tender at Investitionsbank Schleswig-Holstein, a state-owned bank.
cBrain will provide an F2 solution that will support the administration of EU funds in connection with the so-called European Regional Development Fund (ERDF), which is managed by Investitionsbank Schleswig-Holstein.
After a year-end, which showed the best result so far in the company's history, cBrain is off to a good start in the new year with progress both in Denmark and internationally. At the same time, cBrain continues to…
cBrain has submitted an F2 solution as an offer in relation to a public EU tender to an authority in the German state of Schleswig-Holstein. The German authority has just announced that it assigns the job to cBrain and expects to enter into an agreement after the end of the stand-still period.
cBrain has entered into an agreement with a county in California for the delivery of an F2-based solution that will support the authority’s work in capturing CO2 (“Carbon Farming”) and more sustainable agriculture (“Sustainable Farming”).
The Ministry of Finance in the United Arab Emirates has nominated an F2 solution for the global WSIS prize in 2022. The solution supports debt collection, which the Ministry of Finance manages on behalf of the United Arab Emirates.
cBrain welcomes the best result to date in the company's history, with continued progress in both Denmark and abroad. At the same time, cBrain has taken a number of important steps as a provider of software that supports the global fight against climate change.
cBrain has been selected by DIGITALEUROPE – Europe’s largest trade association representing the digitally transforming industries – as one of the 17 nominees for its annual Future Unicorn Award. cBrain is one of two scale-up from Denmark to…
cBrain is pleased by the continued positive development in Q4. This includes both Denmark as well as internationally, where both the number of incoming orders and deliveries are in line with expectations. In November, cBrain raised its revenue growth expectations for the year to 23-25%…
The Danish digital experience shows how standard solutions can speed and ease the transformation of essential services.
cBrain informs that the company has been invited to negotiate a possible agreement in the state of Florida in the USA. It regards a software that is to support climate efforts in connection with the protection of particularly vulnerable natural areas.
Under the slogan “Together for a sustainable future” cBrain is taking part in the Danish state visit in Germany, Berlin…
cBrain has entered into an agreement with a public authority in California. cBrain is to advise the authority on the digitization of the authority's processes in connection with…
cBrain has entered into an agreement with the Danish Working Environment Authority on the delivery of an F2 solution for a specific professional process. In connection with…
The first half of 2021 shows really healthy development, both in Denmark and internationally, with 2 good quarters in a row. In the first quarter, revenue grew by 30%, while revenue growth in the second quarter reached....
cBrain welcomes continued positive development in the second quarter with solid growth in sales of subscriptions and increased exports. At the start of the year, cBrain announced an expected revenue growth of 15-20% and an expected Earnings before tax (EBT) of 10-15% in the financial year 2021. cBrain got off to a really good start this year, both in Denmark and internationally, where the internal accounts for the first quarter showed a revenue growth of…
cBrain has been informed that cBrain has won a tender and will deliver its first software solution in South America. The solution, called CITES, will be delivered to the Guyanese authorities, and it will support monitoring and regulation of international trade in endangered species of wild fauna and flora…
cBrain has been informed of a contract decision notice for a new order in Germany. The notice is based on a tender and includes the acquisition of several thousands of user licenses for F2. This will be one of the largest orders in cBrain’s history…
Over the last few years, cBrain has established a solid foothold in Germany as a supplier for one of the largest German authorities. With this reference, cBrain has a strong position with potential for further growth in Germany. To stimulate growth, cBrain has taken a new step by entering into a partnership with Nortal…