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Imint: Possible Transition Period Ahead - Redeye

Redeye updates its estimates following Imint’s Q2 report, which was pretty much in line. Imint continues to invest in its organization, setting the company up for long-term success in new verticals, in conjunction with more added value to its smartphone customer portfolio. The quarter marked yet another record in terms of sales in SEK. However, signs of a slowdown are evident, not least in USD terms, in part due to a lackluster smartphone market coupled with a slowdown in China. Time will tell how Imint can navigate these issues with new add-on releases and its Gen4 upgrade.

Redeye updates its estimates following Imint’s Q2 report, which was pretty much in line. Imint continues to invest in its organization, setting the company up for long-term success in new verticals, in conjunction with more added value to its smartphone customer portfolio. The quarter marked yet another record in terms of sales in SEK. However, signs of a slowdown are evident, not least in USD terms, in part due to a lackluster smartphone market coupled with a slowdown in China. Time will tell how Imint can navigate these issues with new add-on releases and its Gen4 upgrade.
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