News from cBrain
The Danish Ministry of Finance has run a public tender and signed an 8-year agreement with cBrain (NASDAQ: CBRAIN). cBrain has to deliver F2 as the digital platform for the finance ministry group. This includes the Ministry and the 4 group agencies…
Digitization is a high priority for the government in Ghana, and in January 2023 cBrain Omni Ghana was therefore established as a joint venture by cBrain (NASDAQ: CBRAIN) and Omni Strategies, located in Ghana. The purpose of cBrain Omni Ghana is to help accelerate and scale the digital transformation in Ghana by reusing Danish government experiences and solutions…
The OMX Copenhagen Benchmark Index consists of the 50 to 80 largest and most traded stocks, representing the majority of sectors…
With strong first half year results, cBrain (NASDAQ: CBRAIN) has embarked well on the 2023-2025 growth plan. During third quarter we see solid development in Denmark as well as international, in line with the continued implementation of our strategic initiatives…
In 2020, the Prime Minister of Denmark, H.E. Mette Frederiksen, and Prime Minister of India, H.E. Narendra Modi, signed an agreement between India and Denmark to elevate the Indo-Danish relations to a Green Strategic Partnership. This includes expanding and strengthening the cooperation on energy and climate change; Environment/Water and Circular Economy; Sustainable Urban Development including Smart Cities; and Business, Trade and Shipping…
Financial results for first half-year, 2023, show all-time record high revenue growth and earnings, confirming that cBrain is on track to execute the growth plan. Total revenue grew from DKK 95 million to DKK 132 Million, up 39% year over year. Net earnings before tax (EBT) grew from DKK 24 to DKK 47 million, up 93% year over year, posting a pre-tax profit margin (EBT) of 35%…
cBrain has signed agreements with The Danish Accreditation Institution and Innovation Fund Denmark to implement F2 as their new digital platform…
cBrain (NASDAQ: CBRAIN) has launched an AI for Government Initiative that will offer Artificial Intelligence (AI) functionality, tailor-made for government usage and seamlessly integrated with F2, enabling government organizations to inspire and learn from each other…
For the fiscal year 2023, cBrain has guided revenue growth of 15-20% and earnings before tax (EBT) of 18-22%…
Romania is in the process of digitizing the public sector. In this connection, the Romanian authorities are looking for inspiration from other countries, including Denmark, which, according to the United Nations, is a global leader in public digitalization…
cBrain is pleased to have entered into an agreement with the Danish Agency for Labour Market and Recruitment (STAR). STAR has decided to introduce F2 as a new digital platform, and the new F2 solution at STAR is expected to support well over 500 users…
cBrain has won an important tender in Aarhus Municipality. cBrain is to supply F2 for use in management services in the municipality, including management of approvals and meeting material with access from both PC, tablet and mobile…
cBrain has released the first version of F2 Service Builder. F2 Service Builder is a completely new type of tool that makes it possible for customers and consultants to set up and maintain professional processes in F2…
In connection with the formation of the new government on 15 December 2022, the Ministry of the Interior and Housing was abolished as an independent ministry, as the area of the interior was moved to…
cBrain celebrates a good start to the year. cBrain observes at positive development, both in Denmark and internationally, while growth in the first quarter is well in line with the announced expectations…
cBrain, a leading provider of digital governance solutions, announced today that it will attend the 2023 UN Water Conference at the UN Headquarters in New York from 22-24 March 2023. The conference, co-hosted by Tajikistan and the Netherlands, will open on World Water Day with the aim of creating a bold Water Action Agenda to address the global water crisis and support the Sustainable Development Goals…
cBrain has previously entered into a large framework agreement for the delivery of F2 licenses to the Deutsche Rentenversicherung Bund. The framework agreement is based on a successful support of business processes and services across the organization, which has branches in all German states.
cBrain is happy to report a good year in which the company successfully maintained a solid, organic growth and high earnings while moving to a new domicile and initiating the next steps of its international growth plan.
cBrain has entered into a cooperation agreement in Ukraine. The agreement has been concluded with the Ukrainian Fund for Energy Efficiency and Energy Savings (UFEES), which is a publicly funded non-governmental organization in Ukraine, and the Makariv Settlement Council, which is located in the Kyiv region.
cBrain has, as part of its international growth plan, established a 50/50 joint venture company in Ghana in collaboration with the local Ghanaian consulting and software house Omni Strategies
cBrain has entered into two new agreements with the Danish Energy Agency, which has chosen to use F2 as a digital grant management system in connection with the heat pump scheme and as part of the solution in connection with the new heating bill subsidy scheme.
For the financial year of 2022, cBrain has previously announced an expected revenue growth of 20-22% and earnings before tax (EBT) of at least 22%.
Based on a good first half of the year and continued positive development, cBrain stated in connection with the quarterly announcement for Q3 that the company, as part of the company's long-term growth plan, has now advanced and begun the implementation of a number of new strategic measures.