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TH1NG Q2 2023: Accelerated growth and margin expansion - Redeye

During Q2 2023, TH1NG gained momentum by securing various customer agreements and introducing an international sales and marketing website for IoT Open. Accelerated growth and margin expansion had a positive impact on our Forecast. Our updated View of the company proposes a fair value range spanning from SEK1.1 to 14.4 (previously 1.0 – 14.0), with our base at SEK4.1 (previously 3.8).

During Q2 2023, TH1NG gained momentum by securing various customer agreements and introducing an international sales and marketing website for IoT Open. Accelerated growth and margin expansion had a positive impact on our Forecast. Our updated View of the company proposes a fair value range spanning from SEK1.1 to 14.4 (previously 1.0 – 14.0), with our base at SEK4.1 (previously 3.8).
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