Smart Eye - Ramp-Up Delayed
2022-05-03 10:25:00
Redeye estimates that Smart Eye’s ramp-up of revenues will be delayed by 1-2 quarters. Also, due to the delay, Redeye sees a risk of Smart Eye needing to raise cash before turning profitable – but leading to a maximum of 10% dilution. Also, Redeye increases WACC from 9% to 10%. Redeye lowers its valuation range.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/