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

Premium Plan required to unlock

Unlock companies to access

more high quality research.