Inhalation Sciences Q4 - Rising revenues and close to break even
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2024-02-29 08:13:00
Redeye provides an update in relation to ISAB’s Q4 2023 report. Revenues during the quarter amounted to SEK5.5m (SEK4.1m), and EBIT came in at SEK-0.7m (SEK-1.1m). Overall, the report came in a bit under our expectations; however, we still argue the quarter has been solid as revenues are rising and the company is close to profitability. Upon yesterday’s report, we make some short-term estimate changes, which results in an updated base case of SEK16.5 (17).
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/