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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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Contacts

Jörgen Remmelg

Press contact CEO +46 739 822 409

Johanna Edepil

Press contact CMO Marketing & Communications +46730981281

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Redeye's analysis on XMReality's Q1 2021 results
  • Redeye's analysis on XMReality's Q1 2021 results
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Redeye reiterates the Base Case of SEK 8 in light of the market's positive sentiment and recent news and events from XMReality AB.
Read the full statement here: https://w

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