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Redeye maintains its SEK 10 Base Case evaluation on XMReality

“We maintain our fair value range and Base Case. We adjust our topline sales estimates with a slight downward bias. However, the case remains intact, and we expect the Company to become profitable during 2023. The risk of running into financial distress is now eliminated (for the foreseeable future), which “derisks” the case. The Company has good conditions to scale with its existing customers, in addition to gaining new customers and expanding into adjacent industries and markets. In relation to other SaaS companies, XMReality looks rather undervalued, at least on an EV/Revenue multiple.”- from Redeye's analysis 29 April 2021.

Find the full analysis attached as well as on XMReality's website: https://xmreality.com/investors/finansiella-rapporter-analyser-och-dokument

Read more at Redeye's website: https://www.redeye.se/research...

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