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SENASTE
Agtira closed its books for 2022 reaching record high sales of 25.5 MSEK, an 80% increase compared to 2021. While the growth was strong, we look more favorable on the fact that the three systems now up and running provide proof of concept to the company’s Farming as a Service (FaaS) business model. After some model revisions following the more attractive Härnösand-deal with Greenfood we find support for a new fair value range of 27-34 (22-27) SEK per share, in 12-24 months.
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