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Speqta Q4 2023: Softer Q4, Solid Start to Q1 - Redeye

Redeye sees a Q4 report coming in lower than expected on ARR and EBITDA – CAPEX. While y/y ARR growth remained high at 62%, the sequential growth was just 0.7%. However, ARR growth accelerated during the start of Q1. Speqta ended Q4 with a cash position of SEK22m, suggesting additional financing is needed soon.

Redeye sees a Q4 report coming in lower than expected on ARR and EBITDA – CAPEX. While y/y ARR growth remained high at 62%, the sequential growth was just 0.7%. However, ARR growth accelerated during the start of Q1. Speqta ended Q4 with a cash position of SEK22m, suggesting additional financing is needed soon.
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