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Lime Technologies: When life gives you lemons, add a slice of Lime - SEB

We expect the regaining of sequential momentum in Expert Services to continue in Q1, which would support our thesis of growth returning to normal later in 2022 as the August 2021 and January 2022 trainee cohorts get up and running. At the same time, another strong quarter on the subscription side could surprise. Any datapoints on the recently launched Lime Chat module will be of particular interest. Our new midpoint is SEK 332 (330).

We expect the regaining of sequential momentum in Expert Services to continue in Q1, which would support our thesis of growth returning to normal later in 2022 as the August 2021 and January 2022 trainee cohorts get up and running. At the same time, another strong quarter on the subscription side could surprise. Any datapoints on the recently launched Lime Chat module will be of particular interest. Our new midpoint is SEK 332 (330).
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