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Fortnox: Limited Signs of Macroeconomic Slowdown - Redeye

Redeye raises its Base Case and forecasts slightly following the Q1 report. Although transaction revenue saw a greater impact from the macroeconomic slowdown than we expected, the net customer intake remained solid. Also, the strong ARR growth made us raise our subscription revenue forecasts.

Redeye raises its Base Case and forecasts slightly following the Q1 report. Although transaction revenue saw a greater impact from the macroeconomic slowdown than we expected, the net customer intake remained solid. Also, the strong ARR growth made us raise our subscription revenue forecasts.
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