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After several commercial contracts signed in 2023, Agtira ended the year with a strong cash position and only a few passing weaknesses in the report for Q4’23. Along with the contract with Swedish LIDL signed last month, worth some SEK 400m over 10 years, we now look forward to a scaleup in 2024. With a steep increase in cultivated area over the coming years, we expect Agtira to reach close to SEK 100m in ARR by the end of the year, with good prospects for profitability in 2025. Overall, we continue to find support for a fair value of SEK 14-16 per share.
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