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Tempest Security: Ready to reach the next level - SEB

Tempest Security will publish its Q1 results on 25 May. We think that the pandemic will continue to be a burden on growth and there will likely be some extra costs related to recent M&A activity. However, following the capital raise of SEK 34m, we think the company has ample firepower to regain its growth momentum during the coming quarters, both organically and through selective acquisitions, supporting its international expansion.

Tempest Security will publish its Q1 results on 25 May. We think that the pandemic will continue to be a burden on growth and there will likely be some extra costs related to recent M&A activity. However, following the capital raise of SEK 34m, we think the company has ample firepower to regain its growth momentum during the coming quarters, both organically and through selective acquisitions, supporting its international expansion.
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