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Safeture Q3: Growth above financial target, scaling continues - Redeye

Safeture's ARR and net revenue were in line with Redeye's estimates, and the company continues to show good business momentum. The surprise in the report was the better-than-anticipated operating loss, which more or less halved y/y. While the net revenue grew by 39% y/y, OPEX grew by only 5.5%, thus indicating strong scalability. Redeye is positive to Safeture's Q3 report.

Safeture's ARR and net revenue were in line with Redeye's estimates, and the company continues to show good business momentum. The surprise in the report was the better-than-anticipated operating loss, which more or less halved y/y. While the net revenue grew by 39% y/y, OPEX grew by only 5.5%, thus indicating strong scalability. Redeye is positive to Safeture's Q3 report.
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