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Hoylu Q3 2022: Largely as expected - Redeye

Redeye states its view on Hoylu’s Q3 2022 report, announced earlier today. The ARR amounted to SEK50m in the quarter, being already known thanks to its monthly ARR reporting, while the cost side came in largely as expected. As such, we expect to revise our estimates somewhat, which will likely have non to a minor positive effect on the valuation.

Redeye states its view on Hoylu’s Q3 2022 report, announced earlier today. The ARR amounted to SEK50m in the quarter, being already known thanks to its monthly ARR reporting, while the cost side came in largely as expected. As such, we expect to revise our estimates somewhat, which will likely have non to a minor positive effect on the valuation.
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