Imint Q3’20: Robust Results

Research Note

2020-11-20

10:15

Redeye notes Imint’s impressive Q3 report. Sales came in at SEK 13.1m (SEK 11.1), corresponding to a growth of 18% y/y and 14% q/q, beating our expectations of SEK 12.5m. EBIT came in at approximately SEK 2.7m, corresponding to an expansion of more than 2660% y/y, beating our expectations of SEK 2.1m. Global smartphone shipments decreased by 1% y/y - a strong recovery under current conditions.

NF

Nima Faroghi

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