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Scibase Q4’22: First take – results in line – large share issue announced - Redeye

Redeye saw a Q4 report showing sales roughly in line with estimates, while costs were slightly higher, giving an EBIT result at SEK -13.6m vs. -12.2m. The more important news is the announcement of a large share issue to secure financing going forward. We will adjust our Fair value range and Base case accordingly.

Redeye saw a Q4 report showing sales roughly in line with estimates, while costs were slightly higher, giving an EBIT result at SEK -13.6m vs. -12.2m. The more important news is the announcement of a large share issue to secure financing going forward. We will adjust our Fair value range and Base case accordingly.
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