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Fortnox Q2 2023: Solid All Over - Redeye

Redeye sees a solid Q2 report from Fortnox, with basically every line beating our forecasts slightly. Strong net customer intake and solid momentum in Pengar Transaction/Lending were the positive highlights, while the Core Transaction was somewhat soft of our expectations. We will likely raise our forecast and Base Case somewhat.

Redeye sees a solid Q2 report from Fortnox, with basically every line beating our forecasts slightly. Strong net customer intake and solid momentum in Pengar Transaction/Lending were the positive highlights, while the Core Transaction was somewhat soft of our expectations. We will likely raise our forecast and Base Case somewhat.
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