Fortnox: Application approved and Q3’19 preview
Research Note
2019-10-18
11:35
Fortnox’s application for becoming a payment intermediary has now been approved, allowing for further automation and the first step to become a complete financial platform. On Thursday, October 24, probably 08:00-08:30 CEST, Fortnox will release its Q3-report. We forecast a YoY sales growth of 42% and an EBIT margin of 38%.
FN
KL
Fredrik Nilsson
Kristoffer Lindström
Disclosures and disclaimers