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Safeture Q3’23: Stable quarter, on the verge of reaching profitability - Redeye

Safeture’s Q3 2023 report continued to show solid growth in combination with strong scalability. Its ARR aligned with our estimates, while both sales and EBIT came in above our forecasts. The company is now on the verge of reaching profitability, with an EBIT margin of -4%, compared to -31% a year ago.

Safeture’s Q3 2023 report continued to show solid growth in combination with strong scalability. Its ARR aligned with our estimates, while both sales and EBIT came in above our forecasts. The company is now on the verge of reaching profitability, with an EBIT margin of -4%, compared to -31% a year ago.
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