STRAX Q3’20: Strong Profitability
Research Note
2020-11-26
12:42
Redeye remains positive to Strax after a solid profitability beat, achieving an EBITDA margin of 13%, well above our expectations of 5%. We continue to believe that the market underestimates STRAX's ability to create long term value. Our base case valuation offers solid upside potential.
OV
Oskar Vilhelmsson
Disclosures and disclaimers