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Onsdag 28 Oktober | 18:11:26 Europe / Stockholm

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BIMobject - Shifting focus to sales growth

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BIMobject - Shifting focus to sales growth

2021-05-10 09:42:00

Redeye retains its positive view on BIMobject despite lowering its forecasts and Base case. Q1 highlighted the significant cost reductions, and while the ARR was flat q/q, we believe sales growth will accelerate from now on for several reasons. Combined with limited cost increases, we believe BIMobject is heading for a cash flow neutral 2022 and a profitable 2023.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/