2020

Significant Revenue Growth and Earnings Underpin cBrain's Growth Strategy and Potential

cBrain is very satisfied with the results for the first half of 2020, which show revenue growth of 25% and earnings (EBT) of 20%.

Revenue has grown to DKK 57.3 million, against DKK 46.0 million in the first half of 2019, while earnings before tax (EBT) have grown to DKK 11.5 million, against DKK 4.9 million in 2019, corresponding to growth in earnings (EBT) of 137%…

cBrain Raises Expectations for Growth and Earnings

At the beginning of the year, cBrain announced an expectation of revenue growth of 12-15% and earnings before tax (EBT) of 7-10% for the financial year 2020.

cBrain had a good spring, where the results up to June showed that both order intake and production, in the form of project deliveries and services, were higher than expected. In June, cBrain therefore raised its expectations from a revenue growth of 12-15% to a revenue growth of 14-16% for the financial year 2020…

cBrain Has Delivered Its First Project for USDA

In November 2019, cBrain signed its first U.S. Government contract. cBrain is now pleased to announce that the project has been completed and accepted by the U.S. Department of Agriculture (USDA).

The purpose of the project was to help bring together data from multiple agencies to help America’s farmers. Through the use of technology and the support of several partners, USDA has been able to deliver a streamlined digitized approach to information key to a farmer’s work…