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Netmore: Q1 2023 review - Redeye

Redeye provides an update following Netmore's Q1 2023 report, highlighting the company's record-breaking order intake and its expansion into Poland and France. Additionally, Netmore has secured a deal with Kumbro Stadsnät and strengthened its financial resources. These developments, along with the company's growing list of partnerships, indicate that Netmore’s rapid expansion is ongoing. While we have updated our forecast, we maintain our valuation range and base case.

Redeye provides an update following Netmore's Q1 2023 report, highlighting the company's record-breaking order intake and its expansion into Poland and France. Additionally, Netmore has secured a deal with Kumbro Stadsnät and strengthened its financial resources. These developments, along with the company's growing list of partnerships, indicate that Netmore’s rapid expansion is ongoing. While we have updated our forecast, we maintain our valuation range and base case.
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