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Smart Eye: Expecting close to EBITDA breakeven and much improved cash flow - Redeye

Redeye expects Smart Eye's Q2, due 21 August, to show a 42% y/y sales growth and a mere SEK4m EBITDA loss. With an expected positve net working capital (postponed payment of cSEK20m from Q1), Redeye expects total cash flow to be SEK-10m. As such, Redeye expects a continued positive trajectory towards positive cash flow in either Q4 or Q1 next year.

Redeye expects Smart Eye's Q2, due 21 August, to show a 42% y/y sales growth and a mere SEK4m EBITDA loss. With an expected positve net working capital (postponed payment of cSEK20m from Q1), Redeye expects total cash flow to be SEK-10m. As such, Redeye expects a continued positive trajectory towards positive cash flow in either Q4 or Q1 next year.
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