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Flexion Mobile Q1 2023: Initial Take - Redeye

Redeye comments on Flexion Mobiles Q1 2023 report. A weaker report than expected. However, revenue grew 54% y/y but declined 25% q/q. EBITDA increased 125% y/y. Asia continues to be a market that performs well, accounting for 47% of revenues in the quarter.

Redeye comments on Flexion Mobiles Q1 2023 report. A weaker report than expected. However, revenue grew 54% y/y but declined 25% q/q. EBITDA increased 125% y/y. Asia continues to be a market that performs well, accounting for 47% of revenues in the quarter.
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