Fortnox: Q2’19 Preview

Research Note

2019-08-19

14:16

We expect Fortnox to add 12 000 customers and we estimate the ARPC growth to almost 15%. The solid order backlog from the last report combined with the company’s new bundles and pricing adjustments will, according to us, support high growth numbers. Fortnox will publish its Q2 report on Thursday the 22th of August.

FN

Fredrik Nilsson

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