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.