Smart Wires Q3’22: initial take

Research Note

2022-11-17

08:20

According to Redeye, the Q3 report was mixed with lower-than-expected top line but in line in terms of EBITDA due to better Opex. We will most likely lower our fair value range significantly as a result of the announced preferred equity of at least USD10m.

RJ

JG

Rasmus Jacobsson

Jessica Grunewald

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