STRAX: Strong Comeback Expected
Research Update
2021-03-12
07:20
Redeye remains positive to STRAX following a strong Q4 where revenues came in as expected, but operating expenses were lower than expected. For 2021, we expect a recovery for the core business from Q2 and forward. We also expect the new Health and Wellness segment to show slight y/y growth, which makes us increase our estimates on revenues while we slightly reduce our estimates on margin.
JVK
OV
Jesper Von Koch
Oskar Vilhelmsson
Disclosures and disclaimers