Artificial Solutions: Undergoing fundamental change
Redeye Research Update
Redeye lowers its fair value range to SEK 2-35, with Base Case at SEK 14. Q4 2020 was heavily coupled to fundamental changes to both AS’ business model (SaaS) and its organizational structure (leaner). Consequently, we expect to see a sales ramp-up somewhat later than previously forecast. Our Base Case still offers significant upside potential.