Unchanged valuation range: As we make small revisions, we keep our valuation range intact, which points to a fair value of SEK83-138.
Greater Than started 2021 with revenue of c.SEK4m, in line with our estimates. With lower opex than we estimated, the operating loss come in much smaller than we expected. The very strong net cash position following raising new cash in early 2021 gives management a lot of room to continue to invest for the future. The underlying industry trends speak in favour of Greater Than.
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