Paynova Q1 2017: New clients announced
Research Note
2017-05-09
12:03
Paynova’s revenue of SEK 8.2 million was in line with our expectations (estimate SEK 7.9 million). EBIT was however weaker than expected of SEK -4.9 million (estimate were SEK -2.7 million). You can find the explanation in amortization and depreciation which was SEK 1.5 million higher than our projection. Two relatively large new clients was announced namely “Tågkompaniet” and “Fredells” and the business with the unannounced health care client progress according to plan.
TO
Tomas Otterbeck
Disclosures and disclaimers