Verisec: The key to growth
Research Update
2018-04-24
07:30
Verisec has a goal of reaching SEK 200 million in revenue by 2020. This is an aggressive target considering sales amounted to SEK 64 million in 2017. The majority of the growth is estimated to come from Freja eID. This will slowly transform Verisec to a platform company. We expect Freja eID to become a standard in the public sector in Sweden. The major revenue boost will come in 2019-2020 according to our estimates. We have changed our fair value range in Verisec.
TO
Tomas Otterbeck
Disclosures and disclaimers