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Modelon Q1 2023: First impression - Redeye

Redeye states that Modelon Q1 2023 report was largely in line with our projections, while ARR showed a small deviation from our reported figures total software showed a larger deviation likely due to OEM paid-up, and licensing revenues being reported in the previous quarter. Modelon remains steadfast in its efforts to enhance the capabilities for cloud scaling in its product development, as per its previously established plans. Based on this report we might adjust our estimates while maintaining our fair value range and base case.

Redeye states that Modelon Q1 2023 report was largely in line with our projections, while ARR showed a small deviation from our reported figures total software showed a larger deviation likely due to OEM paid-up, and licensing revenues being reported in the previous quarter. Modelon remains steadfast in its efforts to enhance the capabilities for cloud scaling in its product development, as per its previously established plans. Based on this report we might adjust our estimates while maintaining our fair value range and base case.
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