Aspire Global: First comment Q3, crushing the estimates
Research Note
2018-11-08
18:35
Aspire Global´s third quarter was much better than what we expected. After the strong second quarter, that was somewhat driven by an unusually strong Hold, we expected a slight drop in the revenue levels. As anticipated, the Hold returned to more normal levels, however, the customer intake continued to develop extremely strong. In just a half year, comparing Q1 with Q3, the FTDs numbers have increased with 40%. Following the report, we will have to adjust our estimates.
JA
KL
Jonas Amnesten
Kristoffer Lindström
Disclosures and disclaimers