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Redeye states that the major order within Audio & Sound is groundbreaking for Northbaze. The indicated sum of SEK 37m doubles current revenue in the segment and implies a total increase of almost 30% compared to E2021 revenues. Also, Northbaze indicates that further orders from the same customer are already under discussion. Redeye is re-evaluating the valuation of Northbaze in combination with the recent acquisition.
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