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Coala Life - Refilled growth capital and implemented transformation

2023-04-04 07:48:00

Redeye sees the Q4 report from Coala Life boosting our confidence in the outlook for the company and underpinning its pivot towards managed RPM in the US. Given the secured growth capital and traction in the ramp-up of patients, we believe the market’s expectations for Coala’s future growth are too conservative. Based on the dilution from the recent equity issue and our updated forecasts, we adjusted our base case to SEK1.3 (SEK14).

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