Analyst Group initiates equity research coverage of Bricknode
Bricknode, a leading SaaS financial services platform, today announced an agreement with Analyst Group to carry out commissioned equity research. Analyst Group published its first report on Bricknode (https://www.analystgroup.se/analyser/bricknode/) today and will conduct quarterly updates in addition to interviews and commentary on Bricknode's announcements.
Bricknode is a leading supplier of SaaS solutions that enable financial companies and start-ups to design and launch their own digital investment, lending and savings products, or transform existing operations.
Analyst Group estimate that Bricknode will reach revenues of 26 MSEK in 2023, and based on an applied P/S target multiple of 5.9x, believe a potential fair value of 13.9 SEK per share is justified in its Base scenario.
Analyst Group's full report is available here (https://www.analystgroup.se/analyser/bricknode/).
A filmed interview with Stefan Willebrand, Founder and CEO of Bricknode, is available here (https://youtu.be/Vn_A6h2gUlE).
Analyst Group (https://www.analystgroup.se/) is one of Sweden's fastest-growing equity research boutiques with a focus on small and medium-sized listed companies. Analyst Group has received compensation for its commentary on Bricknode. Bricknode has not been given the opportunity to influence parts of the report where Analyst Group has formed opinions about the company, future valuation or anything else that could be considered a subjective assessment.