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Heliospectra: Transitional Year - Redeye

Redeye is still optimistic about Heliospectra and the prospects for its new strategic direction as a system supplier within Smart Farming. 2022 is described as a transitional year, including refocus of the organization and finalizing some important development projects for the new customer offering. Fortunately, the company has received a new credit facility from its three main owners, securing financing until February 2023. We are only making minor adjustments to our forecasts and valuation, which still indicates some potential in the share.

Redeye is still optimistic about Heliospectra and the prospects for its new strategic direction as a system supplier within Smart Farming. 2022 is described as a transitional year, including refocus of the organization and finalizing some important development projects for the new customer offering. Fortunately, the company has received a new credit facility from its three main owners, securing financing until February 2023. We are only making minor adjustments to our forecasts and valuation, which still indicates some potential in the share.
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